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Old 01-04-2012, 06:57 AM   #1
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Default Half the world's richest 1% live in the United States

Now keep in mind, on a global basis, the "richest" is defined by world averages.

"The United States holds a disproportionate amount of the world's rich people.


It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each person living under the same roof, including children. (So a family of four, for example, needs to make $136,000.)

In the grand scheme of things, even the poorest 5% of Americans are better off financially than two thirds of the entire world."


Half the world's richest 1% live in the United States - Yahoo! Finance
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Old 01-04-2012, 12:03 PM   #2
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Default Re: Half the world's richest 1% live in the United States

So who's problem are the poor of our world? Is it up to each nation to help their poor or do all nations have a responsibility to help them?

Should it be with our tax dollars or via private charity? Or do you feel that we need to get our own house in order before US tax dollars are sent as aid?
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Old 01-04-2012, 12:09 PM   #3
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Default Re: Half the world's richest 1% live in the United States

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Or do you feel that we need to get our own house in order before US tax dollars are sent as aid?
this..................
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Old 01-04-2012, 01:00 PM   #4
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Default Re: Half the world's richest 1% live in the United States

No offense to anyone, but just like when it comes to my family, I worry about them first, everyone else second. That goes for my country too. USA first, everyone else second. That doesn't mean you/me/we can't or won't help other people too. It just means family and country comes first.

You can all call me names now.
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Old 01-04-2012, 01:07 PM   #5
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Default Re: Half the world's richest 1% live in the United States

I'm sure its not too long until China 'occupies' us.
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Old 01-04-2012, 02:50 PM   #6
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Default Re: Half the world's richest 1% live in the United States

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I'm sure its not too long until China 'occupies' us.
With "Liberalism" running the show Cuba or Mexico could occupy us, Mexico has almost done it already.
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Old 01-04-2012, 05:32 PM   #7
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Default Re: Half the world's richest 1% live in the United States

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I'm sure its not too long until China 'occupies' us.
I think it is likely that China will "get old before it gets rich". The urban areas are booming, but the rural areas are still largely third-world squalor.

China's census: Older and wiser? | The Economist
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THE publication of preliminary data from China’s census last year shows that an extraordinary demographic transition is under way. The population is still massive, and larger than any other country’s, at 1.34 billion. But the population is growing slower than when it was last counted, in 2000, and ageing faster. China is still likely to be the first country to grow old before it gets rich.

Three decades of the one-child policy have seen the population growth rate and the total fertility rate (the number of children an average woman can expect to have in her lifetime) fall steadily. The average annual population growth from 2001-10 was 0.57%, just over half the rate from 1991-2000.

The total fertility rate is contentious. In both 2000 and 2010 it was estimated at about 1.8%, reflecting widespread breaches of the one-child policy. It has anyway never been a universal policy. Families in the countryside were allowed a second child if the first was a girl. Ethnic minorities were allowed more. More recently, couples who are both single children themselves have been allowed more than one child.

If the rules were followed nationwide, the fertility rate would be about 1.5; some demographers believe that 1.8 is in fact an overestimate. Even if it is not, it implies that China’s work force will in a few years start declining, and the “dependency” ratio—the proportion of the population made up of the young and elderly—will start to climb. Already, the proportion of people aged over 60 has increased from 10.4% in 2000 to 13.3% now. Those under 16 now make up 16.6% of the total, down from 23% in 2000.
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Old 01-04-2012, 06:42 PM   #8
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Default Re: Half the world's richest 1% live in the United States

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I'm sure its not too long until China 'occupies' us.
China has their own movement, it is the OWM, Occupy Wal-Mart and it is a huge sucess.
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Old 01-04-2012, 08:02 PM   #9
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Default Re: Half the world's richest 1% live in the United States

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With "Liberalism" running the show Cuba or Mexico could occupy us, Mexico has almost done it already.
Does your neighbor still occupy your garage?
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Old 01-04-2012, 09:35 PM   #10
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Now keep in mind, on a global basis, the "richest" is defined by world averages.

"The United States holds a disproportionate amount of the world's rich people.


It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each person living under the same roof, including children. (So a family of four, for example, needs to make $136,000.)

In the grand scheme of things, even the poorest 5% of Americans are better off financially than two thirds of the entire world."


Half the world's richest 1% live in the United States - Yahoo! Finance
So most of the OWS people (you know the people who actually got to attend college, which is where they accumulated their loans) are actually someone else's "1%"? Who knew?

I feel disillusioned now...I thought college campuses were among the most impoverished neighborhoods on the planet...

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