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Showing posts with label Gross Domestic Product (GDP). Show all posts
Showing posts with label Gross Domestic Product (GDP). Show all posts

Saturday, 19 November 2011

The Seeds of Anger

One of the noticeable aspects of the latest financial crisis is that the super rich are comparatively unaffected .... no bankers jumping out of windows in this collapse.

Steinbeck's 'The Grapes Of Wrath'
Steinbeck's 'The Grapes Of Wrath'

Oh no, in this crash the rich have carried on getting richer. For example in 1979, the top 1% of Americans took just 8% of the nation's wealth, but now the same group take 25%.
 

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