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Let 'em eat cake in Davos!

They can have as much-a talk fest in Davos as they like, but when one reads what Oxfam has just reported about what wealth just 8 people in the world have, one can readily see why there is unrest in the general community in almost all Western countries when they see themselves not only missing out in bettering themselves - in all manner of ways - but actually going backwards.

"A report by the charity Oxfam has found that eight men now hold as much wealth as the 3.6 billion people who make up the world’s poorest half, highlighting the stark inequality between the planet’s rich and poor.

The report, based on Forbes’s annual list of billionaires, was prepared for release with this week’s gathering of world leaders and business elites at Davos, Switzerland. It follows up on a similar study conducted a year ago that found that the world’s richest 62 people had as much wealth as the bottom half of the population. Oxfam said it revised the findings based on new data gathered by Credit Suisse."


 

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