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A Rising Tide Lifts All Boats?
Most of the World is in the Water!
The “don’t mess with the system” crowd seems to view the global economy as a cruise ship that we trifle with at our peril.
It’s just humming along, let’s not mess up a good thing!
Except . . . most of us aren’t on the cruise ship — which carries only about eight percent of the world’s population: 23% are being towed on a barge, behind the cruise ship; 69% are on a garbage barge behind that — and The 1%, or course, have their own, helipad-equipped, private yachts.
Not imaginary numbers:
https://en.wikipedia.org/wiki/File:Distribution_of_wealth_globally.jpg
Less than 1% of the global population owns 41% of the world’s wealth; under 8% owns an equal amount; 23% own 14%; two thirds of the population are left with just 3% of global wealth.
So . . . 83% goes to the top 9% and the “bottom” two thirds of the world’s population gets by on 3% of global wealth. The US mirrors this: 80% of wealth is held by the wealthiest 10%, with half that going to the top one percent; the rest is parceled out across the remaining 90% of the population.
Looking for the fuse that triggered The Trump Bomb, and other “Populist” IEDs worldwide?
Look no further.
Want to stave off a, civilization-destroying, socioeconomic Armageddon?
Fight for economic justice.
People who aren’t “given” equity tend to . . . take revenge.