Global Inequality Explodes: 26 Ultra-Wealthy Billionaires Now Have As Much Money As The Poorest 3.8 Billion People

If you add together all of the money owned by the poorest 3.8 billion people living on this planet, it would roughly equal the wealth controlled by the 26 wealthiest men in the world.  Oxfam has just issued a brand new report on global inequality, and what they have discovered is making headlines all over the globe.  The rich just keep getting richer, and meanwhile the slice of the pie owned by the poor just keeps getting smaller.  Today, almost half the world lives on less than $5.50 a day, and approximately 795 million people “do not have enough food”.  And even in a “wealthy country” like the United States, the gap between the rich and the poor is the largest that it has been since the 1920s, and more than half a million Americans are homeless right now.  This growing inequality is a ticking time bomb, and at some point it is going to explode. (Read More...)

Why Does America Have 13 Million Households That Don’t Have Enough Food To Eat?

Have you ever had a day when your children were crying due to hunger but the cupboards were completely bare and your bank account was empty?  If you haven’t, you should consider yourself to be extremely blessed, because this is what real life feels like for millions upon millions of Americans in 2018.  As you will see below, a third of all Americans cannot even afford “the basics” each month, and 13 million households are officially considered to be “food insecure”.  In other words, they don’t have enough to eat.  Many parents out there choose to skip a meal (or two) each day just so that their kids can have full stomachs.  But sometimes the money runs out completely, and that is when it gets really tough. (Read More...)

The Gap Between The Rich And The Poor In The United States Hasn’t Been This Large Since The 1920s

The rich have been getting richer and the poor have been getting poorer for so long in America that it seems like it has always been this way. But it hasn’t. In fact, between the late 1920s and the early 1970s the gap between the wealthy and the poor actually steadily got smaller. And when I was growing up in the 1980s, it seemed like everyone was middle class, but now those days are long gone. A very small sliver of society at the very top of the food chain truly is “living the high life”, while most of the rest of us are deeply struggling. According to a brand new study just released by the Economic Policy Institute, the average American family in the top 1 percent brought home 26.3 times as much income in 2015 as an average family in the bottom 99 percent. The following comes from CNBC(Read More...)

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

Dark Planet - Public DomainDid you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a shocking report that was just put out by Oxfam, and they show that income inequality continues to grow at a very rapid pace all over the world. As you will see below, the total wealth of the poorest half of the global population has plunged by 41 percent since 2010 while the wealth of the elite has continued to surge upward. The debt-based financial system that now has the entire planet in its grip funnels wealth to the very top, and the global elite are more than happy to hoard as much of it as they possibly can. (Read More...)

45 Signs That China Is Colonizing America

Just because you were once the most powerful nation on earth does not mean that you will always be the most powerful nation on earth.  Every single year, hundreds of billions of dollars leaves the United States and goes to China.  This enormous transfer of wealth has had a dramatic effect on both countries.  In case you haven’t noticed, many of our formerly great manufacturing cities such as Detroit are rotting away while shining new factories and skyscrapers are going up all over China.  If you go into any major retail store today and start turning over products, you will find that hundreds of them have been made in China and that very few of them have been made in America.  As a nation, we buy far, far more from China than they buy from us.  As a result, China is absolutely swimming in cash and they have been looking for things to do with all that money.  One thing that China has done is loan the U.S. government over a trillion dollars and this has given the Chinese a tremendous amount of leverage over us.  China has also started to buy up businesses, real estate and natural resources all over America.  This kind of “economic colonization” is similar to what China has already been doing in Africa, South America and Australia.  The formula is actually very simple.  We send them our money and then they use it to buy us.  With each passing day China’s ownership over America grows, and it is frightening to think about where all of this could end. (Read More...)