Global economic inequality is deepening, with only 62 individuals owning as much wealth as the 3.5 billion people in the bottom half of the world's distribution of wealth.
That calculation is from the charity Oxfam, which will present its report at the World Economic Forum's annual summit, which kicks off Jan. 20 in Davos, Switzerland. The gap between rich and poor is widening even faster than the organization had predicted last year, when it forecast that the top 1 percent would own most of the world's wealth by 2016. In fact, that benchmark was reached long before 2015 ended, according to Oxfam.
You can read the rest of this cheerful news @
http://www.cbsnews.com/news/oxfam-inequality-62-people-have-as-much-wealth-as-half-the-world/
It is impossible to maintain the rule of We The People when faced with this maldistribution of wealth. And to think the rich will give up their vast wealth voluntarily is delusional.
Strangely, the Oxfam report does not provide the identities of the 62 richest people, claiming instead that the list changes from year to year (right). You can find the report here:
https://www.oxfam.org/en/research/economy-1
I suspect, however, that you can find some of their names on this list:
http://www.forbes.com/billionaires/
How many of you respect these people? And if they're so loved and respected, why do they have to meet in secret behind an army of heavily armed guards? That is what kings, queens, and would-be gods do.
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