Wealth in Today’s Economy

This article sends a message to the world of how the wealth distribution is unbalanced to every adult on earth. The University of the UN in Helsinki found facts of fifty- six percent of the world population and used trends of this info to determine the rest and came to so interesting results. It appears that there is a great vast of difference between the amount of people in the upper and lower class.

A statistic was made that showed about only half of the worlds population contained one-tenth of the world’s wealth. Another study computed that if you shrunk the size of the world population to ten people there would be an approximate 1 person who would receive one thousand dollars in wealth where all the other nine would just receive one dollar.

The University of the UN showed an interesting fact as well that two of the wealthiest nations in the world that make up for two-thirds of the richest percent of the world. It showed that in the USA that ninety percent of Americans make up for only about one-third of the countries wealth. In Japan ninety percent of its population makes up for sixty percent of its nation’s wealth, this shows the difference in class between the United States and Japan. This does not even count the 462 billionaires that are present in today’s world that make up for approximately 1.7 percent of the worlds wealth, this is more than the poorest 1.5 billion people on earth.

Though a temporary solution was discovered by the UN and the World Bank in 2005 if the world’s countries were to 1.6 percent of the income of the richest ten percent it would provide three hundred billion for the nations poorest people who live in poverty on less that a dollar a day.