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Wednesday, January 22, 2014
"THE NEW ECONOMIC WAR OF THE 21ST CENTURY HUMAN UNIVERSE"
The biggest threat in this 21st century to the western capitalism, emerging economies and developing nations is the ever-increasing wealth gap and income inequality that exists between the handful of the richest people in the world and the mass majority of the poorest people in the same world. The next major global war is all about income disparities in a world in which the richest 1% is worth $110 trillion compared to the $1.7 trillion in the hands of the bottom 50% of the humanity. The 10% of the world's richest have the same wealth as the half of the world's population or 3.5 billion people. These massive wealth gap, income inequality and chronic global poverty are not practically sustainable under the sun.
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