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And, who is the author of this rather topical article? His analysis is simplistic, and he fails to address the machinations of the Corporate Megalomaniacs who are holding the puppet strings of the various entities he named as the major drain on the US GDP.
The members of the Global Oligarchy are few in number (less the 370), yet they own and control more than 45% of the world's resources, including human resources.
The top 400 richest people are from Australia, Austria, Bahama, Belgium, Bermuda, Brazil, Chile, China, Colombia, Czech Republic, Denmark, England, Egypt, France, Germany, Hong Kong, India, Israel, Japan, Kazakhstan, Korea (South), Kuwait, Lebanon, Malaysia, Mexico, Monaco, Norway, Portugal, Russia, Saudi Arabia, Singapore, Sweden, Spain, Switzerland, Taiwan, Thailand, Turkey, Ukraine, United Arab Emirates, and Venezuela.
Despite the geographic diversity of the uber wealthy, their common socioeconomic status renders each a member of Richistan, whose citizenry enjoy the rarest of comestibles, the finest accommodations, the most expensive trinkets, and richly appointed, exclusive residences. Denizens of Richistan travel in private jets, yachts, and limos; and they NEVER discuss their wealth.
Fully one-third of the wealthiest 400 are from the United States. Almost half of the 50 wealthiest people are from the United States. (Bill Gates was toppled from his rarefied status as the richest person on the planet in March of this year; replaced by Mexican mogul Carlos Slim Helu.)
When you contemplate this radical income inequity, dear reader, please understand viscerally, that you are NOT a member of this exclusive club, nor are you likely to EVER be. You are an insignificant member of the vast hoi polloi. The denizens of Richistan comprise a mere 5.8 X 10^(-10)% of our planet's population. For those of you who are math illiterate (please, understand that you are likely to have had a less than optimal experience learning math, for a reason), that number is 0.00000000058%. You are more likely to win the lottery than join the ranks of the uber wealthy.
If anyone thinks that the decline of the US as the premier superpower Global Bully will have any real impact on the wealth and power of the uber wealthy, I have to offer you exclusive beach front property in Las Vegas.
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