Home > Economics, From Dagny > Where are the 1%?

Where are the 1%?

“It only takes $34,000 per person to be amid the richest 1% of people in the world.

http://money.cnn.com/2012/01/04/news/economy/world_richest/index.htm

Clearly, the US has created more financially OK people than almost the whole rest of the world combined. How many of the people who are rich in these other countries are dependent on the US market or US defense expenditures? If America falters a lot of wealth will be destroyed world wide.

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Categories: Economics, From Dagny
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