1% economic question

I B Hankering's Avatar
Greenie-weenie is too stupid to know he is part of the global 1%.

Anyone who earns more than $34,000 a year is a member of the world's top 1%, according to World Bank economist Branko Milanovic. Even if you only make $12,000 a year, you are still in the top 10% globally. Nearly ½ of the world's population subsists on less than $2 a day.

https://www.yahoo.com/news/attention...153806044.html Originally Posted by lustylad
+1


Yes, and that too! Most of us on this board are in the world's 1%. Anybody here that bemoans the unequal distribution of wealth while spending their disposable wealth on frivolous recreational activities such as engaging hookers instead of charitably donating that "disposable wealth" to those they think need government welfare -- paid for by the 1% -- is a hypocrite!
the_real_Barleycorn's Avatar
Greenie-weenie is too stupid to know he is part of the global 1%.

Anyone who earns more than $34,000 a year is a member of the world's top 1%, according to World Bank economist Branko Milanovic. Even if you only make $12,000 a year, you are still in the top 10% globally. Nearly ½ of the world's population subsists on less than $2 a day.

https://www.yahoo.com/news/attention...153806044.html Originally Posted by lustylad

Math! It'll get you every time.
Math! It'll get you every time. Originally Posted by the_real_Barleycorn

that would be math high SAT scores and English lower ... statistic ... U.S. educate the best of the world or used too
If the wealthiest 1% only existed and the other 99% did not, how rich would the 1% be?

In other words, if a only small number of people lived on earth, where would all their money cone from?

If today 99% of the world population dissappeared. What good would the wealth of the 1 % remaining be worth? Originally Posted by grean
Not much..
BUT then again, if we got rid of the BOTTOM 50% of the population who pay nothing in taxes, what impact would THAT Have?

If we were smart...we would discourage generational wealth.

We should not encourage all to end up at the finish line together but we should encourage all to start as close a possible.

Toughen the estate tax! Originally Posted by WTF
And what good would that do, other than make people UNWILLING To strive to excell, to where they HAD AN estate to leave to their heirs??
I B Hankering's Avatar
These are the same biased and retarded pollsters that told your stupid-ass that hildebeest was going to win last November, you Mussulman-luvin, Hitler worshipping, lying, hypocritical, racist, cum-gobbling golem fucktard, HDDB, DEM, but you're too stupid to realize that, aren't you, you Mussulman-luvin, Hitler worshipping, lying, hypocritical, racist, cum-gobbling golem fucktard, HDDB, DEM?
Yssup Rider's Avatar
Do you even know what wtf he said?
Yssup Rider's Avatar
These are the same biased and retarded pollsters that told your stupid-ass that hildebeest was going to win last November, you Mussulman-luvin, Hitler worshipping, lying, hypocritical, racist, cum-gobbling golem fucktard, HDDB, DEM, but you're too stupid to realize that, aren't you, you Mussulman-luvin, Hitler worshipping, lying, hypocritical, racist, cum-gobbling golem fucktard, HDDB, DEM? Originally Posted by I B Hankering
Wrong thread, IBCuttingandpasting

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