www.guardian.co.uk
In total, 10 million individuals around the world hold assets offshore, according to Henry's analysis; but almost half of the minimum estimate of $21tn – $9.8tn – is owned by just 92,000 people. And that does not include the non-financial assets – art, yachts, mansions in Kensington – that many of the world's movers and shakers like to use as homes for their immense riches.
In many cases, , the total worth of these assets far exceeds the value of the overseas debts of the countries they came from.
The surveys that are used to compile the Gini coefficient "simply don't touch the super-rich," he says. "You don't pick up the multimillionaires and billionaires, and even if you do, you can't pick it up properly."
In fact, some experts believe the amount of assets being held offshore is so large that accounting for it fully would radically alter the balance of financial power between countries.
___________________________________________
No comment really, but this news is certainly going to shake up a lot of "establishment" ideas. Wealth doesn't trickle down, the lie we've been told and believed for years. It escapes into someone's back pocket.
skip to main |
skip to sidebar
No man is an island, Entire of itself. Each is a piece of the continent, A part of the main. If a clod be washed away by the sea, Europe is the less. As well as if a promontory were. As well as if a manner of thine own Or of thine friend’s were. Each man’s death diminishes me, For I am involved in mankind. Therefore, send not to know For whom the bell tolls, It tolls for thee.
Have a number
Another one
The moon
CURRENT MOON
Friends
The Sun
Transport
South African
Blogroll
- Atlantean Conspiracy
- Aviationist
- Cell Phone Safety
- Colour Thy Soul
- Flowers Life Desert
- Free Cabin Porn
- Infinity Imagined
- Le Container
- Lunar Sight
- Moon of Alabama
- Natural Disaster Worldwide
- Robert M Pirsig
- Running'CauseICan'tFly
- SatMaps
- Screaming Organism
- This Isn't Happiness
- Vigilante Citizen
- Watts up with that
That was then ...
ToyRun
7 comments:
No, it doesn't trickle down - at least, not at the levels of wealth we're talking about here. Probably because the individuals whose character causes them to accrue such obscene amounts don't share nicely. Or, to put it another way - there's something radically wrong with them, as human beings.
Love,
T in J
We're talking about a bank account bigger than the bank.
Yes, radically wrong, but WHY is the entire system balanced in their favour?? Everything is for them, just like the SA system is balanced against white family men who own land. IT IS SO, and not by accident.
I've concluded that the babylonian woe has never left us, nor has the babylonian priesthood ever lost complete control.
4/8/12
peace and love Terri :)
The Babylonian Priesthood is one name for it I guess. I call it the Patriarchy.
And it needs to come down. Now.
Love,
T in J
Mine is where they're from, your is were they are. And unfortunately, they're about to cement the male aspect ...
Syria is the lock, and the olympic ceremony is the key ...
Well, in my humble opinion :)
peace and love
And America is champing at the bit to spill more blood in Syria too...and Lebanon and Iran...Why? Money, money, money...And last night during the Presidential comedy routine, Romney said, ''Syria is Iran's passport to the sea..''...What??
No not money. Power, control. They are mad, if it was only money they should be sated by now, it is control/ ownership of everything and everyone on earth.
They need to be put down like rabid dogs :/
peace :D
I agree...and money is power.
peace back at you... :-)
Post a Comment