Rebel Against the Real Enemy – Income Inequality

We have witnessed the engineering of a great divide in America, thirty years in the making. No time in the history of America, including the civil war era, has this country been so polarized and divided. This last presidential campaign brought to the surface all of the vitriol, hatred, racism, xenophobia, and paranoia. The election has not quelled the tensions, and in fact, may have accelerated the tensions.

Now, we are facing the possibility of a recount in several states. Accusations of vote rigging and manipulation run rampant, even in lame stream media. The president elect has not exactly stepped up to call for calm and reconciliation.   The world watches in utter disbelief as these events unfold. This brings us to the point of this article—what is really dividing us.

Once again the average, common, hard working Americans have been duped into blaming each other for their current state of economic stagnation, lack of a decent living wage, and crumbling infrastructure. It’s the poor urban blacks sucking our revenue by not working and living off welfare. It is the Latinos who are pouring across our borders and taking our jobs and dealing drugs. It’s the refugees streaming in who are terrorists in disguise and they are ready to blow up our schools and our malls.

We have a message for all of us who think it is an attack on white America. We all have something in common, that is middle white America, urban Blacks, Latinos, legal and illegal, and refugees, we are all POOR and getting POORER by the day. If we all could realize this fundamental fact, and it is a fact, and we united against the real enemy, corrupt politicians doing the bidding of their criminal bosses on Wall Street, and walked arm-in-arm to Washington TOGETHER, we would watch a whole bunch of elitists changing their underwear and start looking for a way out of Dodge. Consider carefully the following report.




How about the very top?cs-wealth-2_0-top-of-the-pryamid


Wealth differences within and between countries


The wealth pyramid in the following figure  captures these differences. The large base of low wealth-holders underpins higher tiers occupied by progressively fewer adults. We estimate that 3.5 billion individuals – 73% of all adults in the world – have wealth below USD 10,000 in 2016. A further 900 million adults (19% of the global population) fall in the USD 10,000–100,000 range. While average wealth is modest at the base and in the middle tiers of the pyramid, total wealth there amounts to USD 35 trillion, underlining the economic importance of this often overlooked segment.

The base of the pyramid



Mid-range wealth


The high wealth bands



After a drop this year, the United Kingdom falls to third place with 7% of millionaires worldwide, followed by Germany, France, and China with 5% each, and Italy, Canada, and Australia with 3% each. Switzerland, Korea, Spain, and Taiwan are the four other countries with more than 350,000 millionaires, which is the minimum requirement for a one percent share of the global total.

Changing membership of the millionaire group


cs-wealth-5_0-change-in-growth-of-millionairesHigh net worth individuals



For mid-2016, we estimate that there are 33.0 million HNW adults with wealth between USD 1 million and USD 50 million, of whom the vast majority (28.9 million) fall in the USD 1– 5 million range

There are 2.5 million adults worth between USD 5 million and 10 million, and 1.5 million more have assets in the USD 10– 50 million range. In terms of HNW membership, Europe briefly overtook North America in 2007, but North America regained the lead in 2010, and now accounts for a much greater number, namely 14.7 million (45% of the total), compared to 9.8 million (30%) in Europe. Asia-Pacific countries, excluding China and India, have 6.0 million members (18%), and another 1.6 million are found in China (5% of the global total). The remaining 816,000 HNW individuals (2% of the total) reside in India, Africa or Latin America.

Ultra-high net worth individuals


North America dominates the regional rankings, with 73,400 UHNW residents (52%), while Europe has 29,800 (21%), and 18,800 (13%) live in Asia-Pacific countries, excluding China and India. Among individual countries, the United States leads by a huge margin with 70,400 UHNW adults, equivalent to 50% of the group total (Figure 5).  This is a small increase of 500 compared to mid- 2015. China occupies second place with 11,000 UHNW individuals (up 640 on the year), followed by Germany (6,100, up 500). The United Kingdom lost by far the greatest number of UHNW individuals (down 700 to 4,700), but still heads France (4,100, up 600). In contrast, Japan gained the most (3,600, up 1,000), and now occupies sixth place. Italy (3,300, up 400), Canada (2,900, up 100), Korea (2,500, up 200), and India (2,300, up 100) are the other countries with the highest numbers of UHNW individuals. This represents a 100-fold rise of UHNW individuals since the turn of the century. A further 8,500 UHNW adults (6% of the total) can be found in Hong Kong, India, Korea, and Taiwan.


This, my global friends, is the real problem and reason why we are angry. It is so important to start thinking instead of reacting emotionally. This is why we have to look closely at how easily we were manipulated to focus on each other and not have our attention on the criminals who were and are robbing us of our future. We have been blogging about this for years now, but somehow those who need to hear the truth the most are not hearing any of it. It is time to wake them up. How? Well we really don’t have a better understanding of that than when we started, but maybe, just maybe, collectively we can figure that out. Not much time left before it all comes crumbling down.


Thoughts for the Current Incredible Events









Do you accept that material bliss is impossible?
















