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26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People

 
Ohio chic
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01/22/2019 07:20 AM

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26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
CNN Business) The world's billionaires are growing $2.5 billion richer every day, while the poorest half of the global population is seeing its net worth dwindle.

Billionaires, who now number a record 2,208, have more wealth than ever before, according to an Oxfam International report published Monday. Since the global financial crisis a decade ago, the number of billionaires has nearly doubled.

The annual study was released ahead of the yearly World Economic Forum in Davos, Switzerland, which brings together some of the wealthiest and most influential people on Earth. The 106-page report is meant to call attention to the growing gap between rich and poor.

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Peace, Love & Prayers
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Ohio chic  (OP)
Peace, Love & Prayers

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01/22/2019 07:24 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Could do so much help with their money, but nope!!!!
Peace, Love & Prayers
God bless America
And YES. I am a nurse!
hardscrabble farmer

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01/22/2019 07:25 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Why does anyone care what someone else has? You've got more envy than 2.2 billion people who mind their own business.
meh
Matrix

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01/22/2019 07:26 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Robots/Ai can't own property, so put them to work on mass, that will make things fairer and more equal for all....5asheepROBOTdance
gorebot
If the sheople fear their government, that is tyranny. If the government fear their >people<, that is democracy.

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miler

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01/22/2019 08:19 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Nationalize the rotschild & co bimbo clan
miler
Anonymous Coward
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01/22/2019 08:21 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
CNN Business) The world's billionaires are growing $2.5 billion richer every day, while the poorest half of the global population is seeing its net worth dwindle.

Billionaires, who now number a record 2,208, have more wealth than ever before, according to an Oxfam International report published Monday. Since the global financial crisis a decade ago, the number of billionaires has nearly doubled.

The annual study was released ahead of the yearly World Economic Forum in Davos, Switzerland, which brings together some of the wealthiest and most influential people on Earth. The 106-page report is meant to call attention to the growing gap between rich and poor.

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 Quoting: Ohio chic


that's commie talk.
The F Shack

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Could do so much help with their money, but nope!!!!
 Quoting: Ohio chic


What do you suggest? They give their money away to make things more "even?". That sounds like a liberal/socialist type of deal. We should all make our own ways in the world....free handouts shouldn't be a thing.
Yew

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
no wonder this article came out, it was to prop ocasio from saying 'billionaires. it's immoral for them to exist'
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AltSwede

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01/22/2019 08:29 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Why are those poor people making so many babies, babies they can't feed... why is no one talking about issues like that, like these poor people are always so innocent when many of them are not.

"Oh I'm going to have all these babies, I live in this mudhut and can't even feed myself but damned if I'm not going to have a baby"

Then these shits come to my country and mess it up.
"But you can't hate on them, they're like poor and shit, so what if they come rape, steal and murder, they're poor people you're supposed to give them apartments and free living because f*** you!"

Maybe they should stop doing that and wait until they can afford having children?
Why are they not accountable for their own actions?

Why do I have to pay for these people, I don't even like them. Go away, don't come here, you're not welcome.
Get out!
AltSwede
AltSwede

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01/22/2019 08:31 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Could do so much help with their money, but nope!!!!
 Quoting: Ohio chic


What do you suggest? They give their money away to make things more "even?". That sounds like a liberal/socialist type of deal. We should all make our own ways in the world....free handouts shouldn't be a thing.
 Quoting: The F Shack


Because the trillions we've already plowed into all these shithole countries sure made a difference ;)
AltSwede
Epic Beard Guy

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01/22/2019 09:06 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
It's amazing how hard work can pay off, while laziness makes you poor. That is not true 100% of time on either end, but it is a good indication of who works, and who sits on their ass. If the poor folks want more, they need to work more.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Midwest Skeptic

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
The reason Billionaires even exist is because of private capital making the economy more efficient.

Get rid of the rewards of Free Enterprise and 7 Billion people will be as poor as those 3.8 Billion ... ALL will be equally poor and society's long term economic advancing will turn into a full blown retreat with people becoming poorer and poorer.

It wasn't government payments that brought more than 2 billion people out of abject poverty over the last 30 years. It was people to people commerce, with more and better jobs for literally BILLIONS of people (with those who pushed that economic expansion reaping part of the ADDITIONAL wealth that was created)
Midwest Skeptic
Pilgrim001

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
k

Last Edited by Pilgrim001 on 01/22/2019 09:31 AM
Funny how 'social security' has a shortfall...but never WELFARE!
Gimme a break.
Somehow, we can always afford ALL types of welfare (even for millions of illegal immigrants!), plus billions in foreign aid to nations that hate us...BUT...social security is a "problem".

Nah, the problem is the goobermint...Unknown AC.


Blame it on my ADD, baby...Sail


The election of Donald Trump didn't cause the hatred displayed by the progressive liberal left and democratic party. The election of Donald Trump exposed it.
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BRIEF

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01/22/2019 09:33 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
That's because poor people are stupid and won't learn from the rich people.
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

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Wayfaring Stranger

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01/22/2019 09:33 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
How do I tell which group I belong to?

That's because poor people are stupid and won't learn from the rich people.
 Quoting: BRIEF

'Lower themselves to the same level' seems to be the large group knows better rather than they can't figure out how to storm a Castle or 50.

Last Edited by Wayfaring Stranger on 01/22/2019 09:37 AM
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01/22/2019 09:34 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Every dime could be taken from these billionaire$, given to the 3.8 billion poorest. Fast forward 6 months -- the 3.8 billion poorest are back to being the 3.8 billion poorest, and the only consequence, is that the billionaires (many who were self made) now have little to nothing.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

Killer Bunny
Wayfaring Stranger

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01/22/2019 09:40 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Every dime could be taken from these billionaire$, given to the 3.8 billion poorest. Fast forward 6 months -- the 3.8 billion poorest are back to being the 3.8 billion poorest, and the only consequence, is that the billionaires (many who were self made) now have little to nothing.
 Quoting: Lady Jane Smith

Inject $750T into the pockets of the poor and let them pass it around forever. That is what a 'fix' looks like, the other plan is a band-aid for a missing limb or two.
Lady Jane SmithModerator
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01/22/2019 09:49 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Every dime could be taken from these billionaire$, given to the 3.8 billion poorest. Fast forward 6 months -- the 3.8 billion poorest are back to being the 3.8 billion poorest, and the only consequence, is that the billionaires (many who were self made) now have little to nothing.
 Quoting: Lady Jane Smith

Inject $750T into the pockets of the poor and let them pass it around forever. That is what a 'fix' looks like, the other plan is a band-aid for a missing limb or two.
 Quoting: Wayfaring Stranger


Trillions have already be injected into these shit holes.

To no avail.

Maybe shitholes are shitholes for a reason?
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

Killer Bunny
Jake

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01/22/2019 09:52 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Trump had the only way to fix it.



Border Adjustment Tax



William Casey CIA Director 1981 "We'll know our disinformation program is complete when everything the American public believes is false."

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BRIEF

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01/22/2019 09:52 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
How do I tell which group I belong to?

That's because poor people are stupid and won't learn from the rich people.
 Quoting: BRIEF

'Lower themselves to the same level' seems to be the large group knows better rather than they can't figure out how to storm a Castle or 50.
 Quoting: Wayfaring Stranger


This is where you sabotage yourself. Rich people are people too, not evil monsters...we give more to charity, on average, than you make in a year...yes it's tax deductible lol
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

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CountryWise

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01/22/2019 09:52 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
You can give everyone 1 million dollars and the same people will be broke in less than a year, and the same people that were wealthy will be wealthy again. It's because some people just aren't fit to have money.
jimmyduffy

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01/22/2019 09:54 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
CNN Business) The world's billionaires are growing $2.5 billion richer every day, while the poorest half of the global population is seeing its net worth dwindle.

Billionaires, who now number a record 2,208, have more wealth than ever before, according to an Oxfam International report published Monday. Since the global financial crisis a decade ago, the number of billionaires has nearly doubled.

The annual study was released ahead of the yearly World Economic Forum in Davos, Switzerland, which brings together some of the wealthiest and most influential people on Earth. The 106-page report is meant to call attention to the growing gap between rich and poor.

[link to www.google.com (secure)]
 Quoting: Ohio chic


We allow this to happen. There are 7 billion of us and 26 of them.
jimmyduffy
Lady Jane SmithModerator
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01/22/2019 09:54 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
How do I tell which group I belong to?

That's because poor people are stupid and won't learn from the rich people.
 Quoting: BRIEF

'Lower themselves to the same level' seems to be the large group knows better rather than they can't figure out how to storm a Castle or 50.
 Quoting: Wayfaring Stranger


This is where you sabotage yourself. Rich people are people too, not evil monsters...we give more to charity, on average, than you make in a year...yes it's tax deductible lol
 Quoting: BRIEF


... but ... but .... but .... doesn't being a lazy breeder make one morally superior to the disciplined hard worker?????
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

Killer Bunny
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01/22/2019 09:54 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
You can give everyone 1 million dollars and the same people will be broke in less than a year, and the same people that were wealthy will be wealthy again. It's because some people just aren't fit to have money.
 Quoting: CountryWise


Take a look at mega lottery winners a few years later. Very few are still millionaires.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

Killer Bunny
1-2-Follow

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01/22/2019 09:54 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
That's because poor people are stupid and won't learn from the rich people.
 Quoting: BRIEF


hesright
My team color isn't red or blue. It's GOLD.

Truth is schilling in the empire of retards.

"Yep but for now we dub you toast guy." - AC520845

*PROCLAIMED PROPHET OF THE DOW* ®

Let me know when the climate STOPS changing, then i'll be worried.
BRIEF

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01/22/2019 09:56 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
You can give everyone 1 million dollars and the same people will be broke in less than a year, and the same people that were wealthy will be wealthy again. It's because some people just aren't fit to have money.
 Quoting: CountryWise


yep

poor judgment

poor impulse control

poor planning skills

poor education, from an institution or self-taught

poor nutrition!

poor decision making skills

poor in = poor out

(pour in) = (pour out)
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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01/22/2019 09:57 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
The only hoarders I know are poor, rich people invest in their communities and the whole world economy now...
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
MyPillow

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01/22/2019 09:59 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Could do so much help with their money, but nope!!!!
 Quoting: Ohio chic


80% are progressive democrats too. They are the most evil of people too.
mahownlittlebunnyrabb​it

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01/22/2019 09:59 AM
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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Most of that wealth is imaginary.

The bigger problem is our 'representatives' kissing their feet.
I'm gonna name him George
BRIEF

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01/22/2019 10:04 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Could do so much help with their money, but nope!!!!
 Quoting: Ohio chic


Money makes money, like an engine. If you kill that engine, then the poor stop getting charities and would ultimately get lower wages...
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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01/22/2019 10:06 AM

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Re: 26 Billionaires Own The Same Wealth As The Poorest 3.8 Billion People
Most of that wealth is imaginary.

The bigger problem is our 'representatives' kissing their feet.
 Quoting: mahownlittlebunnyrabbit


That's why when I call my broker and he sells an asset, it's called "realizing" a profit or loss

until you "real-ize" it, it's floating around in the ECONOMY

Last Edited by BRIEF on 01/22/2019 10:06 AM
Dog kicker

I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892