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Tag: 1%
The Banker
Hello, my name is Montague William 3rd
And what I will tell you may well sound absurd
But the less who believe it the better for me
For you see I’m in Banking and big industry
The top 1% of households own 43% of global wealth, 10% owns 81%, while the bottom 50% have just 1%
The top 1% of households globally own 43% of all personal wealth while the bottom 50% have only 1%. The 1% are all millionaires in net wealth (after debt) and there are 52m of them. Within this 1%, there are 175,000 ultra-wealthy people with over $50m in net wealth – that’s a miniscule number of people (less than 0.1%) owning 25% of the world’s wealth!
The top 1% of households own 43% of global wealth, 10% owns 81%, while the bottom 50% have just 1%

FED’s $10 Trillion Defends Assets of the Rich
FED’s $10 Trillion Defends Assets of the Rich – Michael Hudson
The Federal Reserve is directly buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets owned by the top 5%. This does not spur much new production or create jobs. Michael Hudson joins Paul Jay on theAnalysis.news podcast
Progressives Say ‘People Know Who Real Looters Are’: Not Those Angry Over Police Killings, But Oligarchs Robbing Nation Blind
“Americans know who the real looters are. It’s the billionaires who plundered America for $434 billion during the pandemic while the essential workers keeping our country afloat make barely over minimum wage.”
Progressives Say ‘People Know Who Real Looters Are’: Not Those Angry Over Police Killings, But Oligarchs Robbing Nation Blind
Sen. Josh Hawley Is Cast as a GOP Leader After Trump. But Like Trump, He’s a Faux-Populist.
WHAT IF Donald Trump loses in November, but the Republicans come back in 2024 with a smarter, slicker, savvier version of Trump?
Sen. Josh Hawley Is Cast as a GOP Leader After Trump. But Like Trump, He’s a Faux-Populist.
Trump boosters: Don’t believe the coronavirus death toll
Trump boosters: Don’t believe the coronavirus death toll
Always trying to divide us!! It’s not just conservatives questioning it!

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