Month: October 2024

Much is made here and elsewhere of the extreme concentration of wealth in the top 1% of the world’s population (63 million people) and perhaps most excessively in the top 0.1%. Now, we must also recognize that these very same people, the world’s multi-millionaires and billionaires, contribute in similar excessive —>> read more –>>

October 2024 The US Congressional Budget Office has updated it findings on wealth inequality.   Since 1989 the top 10%’s share of wealth has increased from 56.5% to 60.1% in 2022. As usual the top 1% did even better with its wealth share gaining 4.4% over the same time period. —>> read more –>>