“All Things Are CONNECTED”
“We are All CONNECTED”
Look at the concentration of wealth into the hands of so few…
From the ramifications of over production, to lower and no demand for products and services.
Expect the rise of D.I.Y. and make it yourself trends during a volatile time with both inflation and deflation…
Apparently, Gerald and I have some agreement, indeed, we are all connected. ~Ron
2014 Global Wealth Databook (GWD)
It contains the most comprehensive and up-to-date findings on global wealth across the entire wealth spectrum – from the very base of the “wealth pyramid,” capturing 3.3 billion adults with wealth below USD 10,000, to the millionaires, who account for 0.7% of adult population, but yet own 44% of global wealth.
Over 90 percent of the assets owned by millionaires are held in low-risk investments (bonds and cash), the stock market and real estate. Business startup costs made up less than 1 percent of the investments of high net worth individuals in North America in 2011. A recent study found that less than 1 percent of all entrepreneurs came from very rich or very poor backgrounds. They come from the middle class.
On the corporate side, stock buybacks are employed to enrich executives rather than to invest in new technologies. In 1981, major corporations were spending less than 3 percent of their combined net income on buybacks, but in recent years they’ve been spending up to 95 percent of their profits on buybacks and dividends.
America’s middle class are less wealthy than at any time since the 1940s – but the rich are still getting richer