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Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way

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earth-in-hand-public-domainCould you survive on just $2.50 a day?  According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less.  Meanwhile, those hoarding wealth at the very top of the global pyramid are rapidly becoming a lot wealthier.  Don’t get me wrong – I am a very big believer in working hard and contributing something of value to society, and those that work the hardest and contribute the most should be able to reap the rewards.  In this article I am in no way, shape or form criticizing true capitalism, because if true capitalism were actually being practiced all over the planet we would have far, far less poverty today.  Instead, our planet is dominated by a heavily socialized debt-based central banking system that systematically transfers wealth from hard working ordinary citizens to the global elite.  Those at the very top of the pyramid know that they are impoverishing everyone else, and they very much intend to keep it that way.

Let’s start with some of the hard numbers.  According to Zero Hedge, Credit Suisse had just released their yearly report on global wealth, and it shows that 45.6 percent of all the wealth in the world is controlled by just 0.7 percent of the people…

As Credit Suisse tantalizingly shows year after year, the number of people who control just shy of a majority of global net worth, or 45.6% of the roughly $255 trillion in household wealth, is declining progressively relative to the total population of the world, and in 2016 the number of people who are worth more than $1 million was just 33 million, roughly 0.7% of the world’s population of adults. On the other end of the pyramid, some 3.5 billion adults had a net worth of less than $10,000, accounting for just about $6 trillion in household wealth.

And since this is a yearly report, we can go back and see how things have changed over time.  When Zero Hedge did this, it was discovered that the wealth of those at the very top “has nearly doubled” over the past six years, and meanwhile the poor have gotten even poorer…

Incidentally, we tracked down the first Credit Suisse report we found in this series from 2010, where the total wealth of the top “layer” in the pyramid was a modest $69.2 trillion for the world’s millionaires. It has nearly doubled in the 6 years since then. Meanwhile, the world’s poorest have gotten, you got it, poorer, as those adults who were worth less than $10,000 in 2010 had a combined net worth of $8.2 trillion, a number which has since declined to $6.1 trillion in 2016 despite a half a billion increase in the sample size.

If these trends continue at this pace, it won’t be too long before the global elite have virtually all of the wealth and the rest of us have virtually nothing.

Perhaps you are fortunate enough to still have a good job, and you live in a large home and you will sleep in a warm bed tonight.

Well, you should consider yourself to be very blessed, because that is definitely not the case for most of the rest of the world.  The following 11 facts about global poverty come from dosomething.com, and I want you to really let these numbers sink in for a moment…

  1. Nearly 1/2 of the world’s population — more than 3 billion people — live on less than $2.50 a day. More than 1.3 billion live in extreme poverty — less than $1.25 a day.
  2. 1 billion children worldwide are living in poverty. According to UNICEF, 22,000 children die each day due to poverty.
  3. 805 million people worldwide do not have enough food to eat. Food banks are especially important in providing food for people that can’t afford it themselves. Run a food drive outside your local grocery store so people in your community have enough to eat. Sign up for Supermarket Stakeout.
  4. More than 750 million people lack adequate access to clean drinking water. Diarrhea caused by inadequate drinking water, sanitation, and hand hygiene kills an estimated 842,000 people every year globally, or approximately 2,300 people per day.
  5. In 2011, 165 million children under the age 5 were stunted (reduced rate of growth and development) due to chronic malnutrition.
  6. Preventable diseases like diarrhea and pneumonia take the lives of 2 million children a year who are too poor to afford proper treatment.
  7. As of 2013, 21.8 million children under 1 year of age worldwide had not received the three recommended doses of vaccine against diphtheria, tetanus and pertussis.
  8. 1/4 of all humans live without electricity — approximately 1.6 billion people.
  9. 80% of the world population lives on less than $10 a day.
  10. Oxfam estimates that it would take $60 billion annually to end extreme global poverty–that’s less than 1/4 the income of the top 100 richest billionaires.
  11. The World Food Programme says, “The poor are hungry and their hunger traps them in poverty.” Hunger is the number one cause of death in the world, killing more than HIV/AIDS, malaria, and tuberculosis combined.

So how did we get here?

Debt is the primary mechanism that takes wealth from ordinary people like you and me and puts it into the hands of the global elite.

In my recent article entitled “Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money“, I discussed how the Federal Reserve was designed to entrap the U.S. government in an endless debt spiral from which it could never possibly escape.  And that is precisely what has happened, as the U.S. national debt has gotten more than 5000 times larger since the Federal Reserve was created in 1913.

In that very same year, the federal income tax was instituted, and that is a key part of the program for the global elite.  You see, the income tax is how wealth is transferred from us to the government.  And then a continuously growing national debt is how that wealth is transferred from the government to the elite.

It is a very complicated system, but at the end of the day it is all about taking money from us and getting it into their pockets.

And at this point more than 99.9 percent of the population of the world lives in a country with a central bank, and almost every nation on the planet has some form of income tax.

It is a global system that is designed to create as much debt as possible, and I recently shared with my readers that the total amount of debt in the world has hit a staggering all-time record high of 152 trillion dollars.

Interestingly, the Bible actually foretells of a time when rich men would hoard wealth in the last days.  The following are the first five verses of the Book of James in the Modern English Version

Come now, you rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted and your garments are moth-eaten. Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have stored up treasures for the last days. Indeed the wages that you kept back by fraud from the laborers who harvested your fields are crying, and the cries of those who harvested have entered into the ears of the Lord of Hosts. You have lived in pleasure on the earth and have been wayward. You have nourished your hearts as in a day of slaughter.

So much of the time we focus on the other great sins that we see all around us, but the truth is that one of the greatest sins of all in our world today is the sin of greed.

The borrower is the servant of the lender, and the global elite have used various forms of debt to turn the rest of the planet into their debt slaves.

As debt levels race higher and higher all over the planet, the elite are using the magic of compound interest to grab a bigger and bigger share of the pie.

Given enough time, those at the very top would have virtually everything and the rest of us would have virtually nothing.  The middle class is shrinking all over the globe, and the gap between the wealthy and the poor continues to grow at an astounding pace.

But the vast majority of people out there have no idea how money, debt, taxes and central banks really work, and so they have no idea that this is purposely being done to them.

So please share this article with as many people as you can.  The truth is that we don’t have to have this much global poverty, and if we correctly identify the root causes of this poverty we can start working on some real solutions.

  • greanfinisher .

    Well, that’s the way the elite want it: Keep them poor, keep them ignorant and keep them indebted.

    • ALWAYSTOMORROW

      All three things you mentioned are more your choice than the “elite’s”, as you call them.

      • greanfinisher .

        Well, that must explain why Mitt Romney didn’t want the little children to learn.

    • Priszilla

      Every people has the government it deserves.

  • robert

    This has been the way of the world since ancient times. Post WW II there was an economic boom. It was unprecedented and unlikely to be repeated. The problem, or a problem, is that many jobs simply are not worth high wages. Back in the day when the auto unions were powerful, a worker screwing on lug nuts made very good money. I think I recall something in the neighborhood of $40 plus an hour including benefits such as insurance–very good insurance. But lug nut operations is not worth 40 dollars and never has been. There are many jobs today that pay wages well above the worth of the work. So what is the solution? Mandate wage levels. That is doomed to failure. The communists tried it and failed. “We pretend to work and you pretend to pay us.”

    Every problem does not have a solution. Mr. Trump cannot regenerate the good old post WW II boom. It is gone. As with the rest of history, a few win big, a few get along ok and the vast majority just survive. It is the way of the world and the way of human beings. Evolution mostly drives world view. In that world view, only the strong, the best, advance. The rest are so much excess. We in the west are really no different than the India caste system.

    The fact is, in Christian circles, that same world view prevails. In every congregation, there are levels of respect, treatment, attitudes towards the least of us. Michael says we ought to take actions to improve the plight of mankind. It should start in the church. I would not hold breath waiting for a turnaround.

    • RalphEllison

      Your financial overlords thank you for your ignorance and obedience.

      • Robert

        If u have something substantive to add then do so. Your throwaway one line is meaningless.

        • RalphEllison

          How about this:

          The Scandinavian countries and the Germans (to a slightly lesser extent) seem to be doing a pretty good job creating an economic environment consisting of a solid middle class with free post-secondary education, universal healthcare, and a strong safety net – while still maintaining a wealth class.

          Yes, not all problems have solutions. But, the wealth disparity with sinking middle class wages in our great nation is not one of those unsolvable problems.

    • JC Teecher

      Good points, robert.

      The Christian churches “have” been doing much for centuries, for the poor, broken down, and sick. Should, and could they do more? Yes yes and yes.
      Look at the financial reports of the mega and major Churches of America, and the wealth of the Roman Catholics as well. Their coffers grow, and their leaders and friends and families grow stinking filthy rich, while little children starve.
      For example; look at handful of the richest……….
      Kenneth Copeland…………Net Worth……….$750 million
      Pat Robertson………………………………………..100 ”
      Benny Hinn………………………………………………42 ”
      Joel Osteen……………………………………………… 40 ”
      Creflo Dollar………………………………………………27 ”
      Rick Warren……………………………………………….25 ”
      TD Jakes……………………………………………………18 ”
      Juanita Bynum…………………………………………….10 ”
      Joyce Meyer………………………………………………..8 ”
      John Hagee………………………………………………….5 ”
      Paula White (Trumps personal pastor)……………..5 ”
      Eddie Long……………………………………………………5 ”
      Louis Farrakhan (muslim)………………………………..3 ”

      These are just a few and these figures are just for their personal net worth, which does not include that of their family members, as in the case with the Hagee’s, all his children and some grandchildren receive a share of the profits, which goes into the hundreds of millions…according to some sources.

      How much wealth is ENOUGH?

      • Lorungee

        You forgot to list the Pope of Rome

        • JC Teecher

          Well, yes, but he is included in with the complete shroud of deception of wealth of the Roman Catholic Church, which is in the billions, and billions, including all their hidden jewels and precious metals.

          • LIZ THE SHIZ

            yeah, you think they could afford Chateau Lafeat Rothchild Beaujolais and Ritz crackers with that kind of dough for communion

      • sister soldier

        Fleecing the flock.
        Strip mining and plundering the faith.
        Harvesting poor Christians and undermining the instruction of God to store up our treasures in heaven.

        “”For from the least of them even to the greatest of them, Everyone is greedy for gain, And from the prophet even to the priest Everyone deals falsely. They (ministers) have healed the brokenness of My people superficially, (they put bandaids on mortal wounds). Saying, ‘Peace, peace,’ But there is no peace. Were they ashamed because of the abomination they have done? They were not even ashamed at all; They did not even know how to blush.” Jeremiah 6:13-15

        • Scott Comin

          amen

      • SANDRA

        THESE TV EVANGELIST ARE DISTURBING AND DISGUSTING. RAPING THE COMMON PEOPLE. WAKE UP PEOPLE!!!! JESUS NEVER MADE MONEY IN HIS PREACHING WORK , NEITHER DID THE APOSTLES . THEIR IN IT FOR THE DOLLARS , NOT BECAUSE THEY CARE ABOUT THE PEOPLE.

        • Scott Comin

          the best place to hide evil is in the church!!

          • GSOB

            Proverbs 28:5

        • GSOB

          1 John 2:27

          And as for you,
          the anointing you received from Him remains in you and you do not need anyone to teach you.

          But just as His true and genuine anointing teaches you about all things, so remain in Him as you have been taught.

          Have you received Him?

        • Bill the Cat

          No-one forces anyone to donate to a church anymore than anyone forces a junkie to visit a pusher.

      • GSOB

        There are many doctrines taught in the mainstream Christian churches today that are false teachings, which are not supported by the Word of God in the Bible.

      • Brad Dueringer

        How many hungry children could these demons feed with their hoard? I absolutely detest these people and am ashamed that humans are so dumb that these sharletons can dupe so many into filling their coifers

      • mtntrek3

        Well said.

    • Andrew Mackinnon

      Hi robert

      You’ve ignored the charging of interest on government debt, paid for via the taxes collected from citizens. Maybe the Christian church needs to start taking the Bible seriously, in which God forbids usury – the charging of interest on debt.

      • Priszilla

        The church taxed 10% from everyone. In Germany church tax is still automatically deducted from wages unlrss you expressly and in writing object and prove that you are not a member of a church.

  • The Truth

    Let’s be honest, we can’t all be rich. Equally we can’t all be poor. Humans are not the same and they are certainly not equal. There will always be filthy rich and dirt poor. Some things in life just are. This is one of those things.

    • jox

      Your comment is a way to accept the inequality. But it is completely different when you have 1$ a day, and I have $10.000, or when you have $100 and I have $1000. Yes, there are still differences, rich and poor, but they are not offensive.

    • retired22

      Not if the system is rigged to begin with.
      This article is about special deals & situations are available only to insiders & this overwhelmingly in the financial sector!

    • Seen2013

      Capital Structure is a major component in capital creation that in an agricultural-consumerist-service economy is severely neglected pricing the vast majority from capital markets to pursue capital accumulation by sheer supply-demand. It further doesn’t help that by the very nature of agricultural-consumerist-service economies predominantly are capital exchange economies primarily to the top.

      *Under purchasing power debased by inflation, purchasing power at minimum wage has been stagnant at 2.40 an hour in purchasing power. So, I am compelled to find myself very not surprised…

    • GSOB

      John 12:8

    • Andrew Mackinnon

      Usury (ie. the charging of interest on debt) is NOT “one of those things”. Usury is forbidden by God in the Bible.

      • Bill the Cat

        And when the US becomes a Theocracy, you will have a point.

      • GSOB

        Wrong

    • Chef Sp

      It depends on HOW things become unequal. Look…if you and I have a thumb wrestling match…and the night before I get a hooker with every STD known to man to seduce you in the parking lot and get you tanked up on sour mash highballs….then can it really be said that I won fairly if you show up to the match so wasted and scratchy that you can barely stand up straight?

    • bob cratchette

      Let’s be honest the whole system from the top down needs to be disrupted and shaken down some need to be removed from judgeship and replaced with constitutionalist judges. It is past time to set this country back on the path it stray ed from long ago. Let’s be honest most things are driven by greed and the evil in men’s heart. As a man thinks in his heart so is he. What is in a person’s heart and private thoughts will manifest itself in that individuals actions.

    • Bill the Cat

      Both “rich” and “poor” are comparative, and without both neither exist.

    • CensoredSpeech✓ᴰᵉᵖˡᵒʳᵃᵇˡᵉ

      But stacking the deck against the poor is cheating! Don’t believe the hype!

    • Imhotep

      Let us be honest, it is all a matter of human will and intentions and IF we act upon them. We might not be able to bring heaven to earth, but we can at least greatly diminish much of the issues facing the world by KNOWING the main root cause of the issues and making the FUNDAMENTAL changes required.

      A fundamental shift away from monopoly/imperialist Capitalism, to a sustainable and democratic alternative system, will (at least) greatly reduce much of the unnecessary EVILS plaguing the Human Race.

  • Pete Okuhira

    The western world of the globalists/elitists made it that way under their new world order. That’s why Africa, many Asian countries, most of the Latin American countries and the Middle East are suffering with poverty, lack of food, water and medicine and war. The globalists/elitists initiated the war and not to mention trade wars around the globe so that only the western society prospers, especially the wealthy people. And of course, those elitists are against free trade agreements because that will make them less wealthy. Despite NAFTA and other free trade agreements that the U.S. had made with other countries, the elitists work their way around those agreements, making other other countries poor and the western countries rich. However, they underestimated world economy by letting China manufacture almost all the goods to the world, especially to the U.S. And now, China spearheading to become the number one economy in the world in the near future and the elitists are working very hard with the think tanks (i.e. Councils of Foreign Relations, Builderbergs, etc.) to forecasts the economic demise of China with the help of WTO, World Bank, IMF, and the G7, the intelligence agencies like GCHQ, CIA, and the Pentagon and not to mention the United Nations. Hmmmm, I wonder how successful they are going to be? Oh that’s right, the western world globalists/elitists did undermine and almost destroyed such economies in the 1998 Asian currency crisis, The big bubble bursts in Japan during the ’80s, The real estate bubble economy crisis in Dubai during the late ’90s/early 2000s, the ongoing drug was in Latin America, and the list goes on. China, on the other hand are striving to free other developing and underdeveloped countries around the world with their own agendas such as the One Belt One Road initiatives, G20 summit in Hangzhou, and ht lates APEC summit in Lima, Peru. It’s time the world be set free from the Western dominated globalists/elitists.

  • Rusty Nale

    Whenever this subject comes up, it reminds me of the Book of James 5:1-6:

    1 Come now, you rich, weep and howl for your miseries which are coming upon you. 2 Your riches have rotted and your garments have become moth-eaten. 3 Your gold and your silver have rusted; and their rust will be a witness against you and will consume your flesh like fire. It is in the last days that you have stored up your treasure! 4 Behold, the pay of the laborers who mowed your fields, and which has been withheld by you, cries out against you; and the outcry of those who did the harvesting has reached the ears of the Lord of Hosts. 5 You have lived luxuriously on the earth and led a life of wanton pleasure; you have fattened your hearts in a day of slaughter. 6 You have condemned and [c]put to death the righteous man; he does not resist you.

  • nick

    The soon to be new leader of the biggest debtor nation in the world says he will be the greatest job creator of very, very good paying jobs. If it happens, I will truly believe in miracles. According to numerous articles i have read over a period of time, a large(sorry I do not have % figures handy)percentage of “good” paying jobs are already, and will continue to go to the wayside due to technology and robotics. Take a company such as Amazon. One of the fastest growing companies in the world, due to technology advances(ex. using algorithms to solve problems and create better programs for faster and smoother operations), and the use of robotics and perhaps soon drones for more efficient deliveries. The evolution of new products, production methods, and delivery methods is making old economic modeling obsolete almost daily. Boeing increased production by over 230 planes from 2010 to 2015, mostly due to more efficiency through technology and robotics. So where do we go from here?
    We all know that today”s economic modeling produces more with less human involvement, more efficiency, and less human error. Go on a tour of any modern factory and see how the work is done. When the cheap wages in Asia starts rising, so will the unemployment as technology will make workers obsolete. Thank goodness for the food industry, because where I live, the delivery, wait staff, cooking, and cleanup is still done by cheap manuel labor. So someone please explain to me where these very, very good paying jobs going to materialize from.

    • old geezer

      Robotics repairmen?

      • Rebel w/out a Cause

        Funny you should mention that. I recently was working in a factory belonging to the largest automotive company in the world. When they initiated a new product line, they included 215 robots for part manipulation, quality inspection, and assembly. These robots took the place of 645 people, if you count three shifts. That number doesn’t include maintenance people. To operate the cells only required 120 people. To “maintain” the cells (robotics repairmen) required even less – 72 people. And the robots were so inexpensive that if one had a catastrophic failure, they just yanked it out and installed a new one. This is the reality of technology and automation. The elimination of hundreds of jobs. But you may have noticed that car prices never came down. They continue to rise. Hmmmmm….

      • nick

        Maybe there will be robots to repair robots 555

        • LIZ THE SHIZ

          of course there’s Bender ‘ Bending” Rodrieguez

    • GSOB

      Psalm 16:11

  • JC Teecher

    We should face the facts:

    Mar 14:7
    For ye have the poor with you always, and whensoever ye will ye may do them good: but me ye have not always.

    In third world countries, like Africa, India, and some Middle Eastern and South American areas, there have always been poor people. And because of human nature, there will always be poor in the World.

    No one but God, can stop people from having sex, and making more mouths to feed. The problems arise when there are not enough suitable areas to grow food in those impoverished regions.

    The “bread basket” of the US and Canada, could grow enough grain to supply all the needs for those impoverished regions of the world, but the major corporations control the amounts planted and harvested.
    All they care about is profits.

    Many Christian/evangelical groups do the majority of the help in getting much of the available grains to these people, and to help them with potable water systems, but the need is still growing, because the people aren’t educated or willing enough, to use birth control.
    So; the suffering continues.

    I heard a story some years ago, about some potato farmers in an impoverished area of northern Russia. There were dozens of people digging in the potato fields, while sitting idle nearby was a tractor that had been doing the work, but had a flat rear tire.
    The tractor just sat there, because nobody knew how to fix the tire.

    Education with instruction is the key.

    There’s an old saying, usually attributed to Confucius, that goes something like “Give a man a fish, and you’ll feed him for a day. Teach a man to fish, and you’ve fed him for a lifetime.” There’s an important life lesson in that simple statement.

    • saul

      Spoken like a true misogynist. In a lot of third workd countries women are raped. They have no say so in the bedroom

      • JC Teecher

        Rape occurs everywhere, and somewhere, everyday.

        How many 3rd World countries have you been to and witnessed rapes? Do you believe stats that may or may not be correct?

        You know what you can do with your “misogynist” lie? It is called bending over and cramming it where the sun don’t shine…sunshine!

        • kling

          You love to cram it dont u.

      • Brad Dueringer

        That’s the world the Democrats want to create with their unlimited immigration of Arabs who don’t assimilate but work on anti women Sharia law

    • GSOB

      Job 36:11

  • kfilly

    This short video pretty much sums up our banking system.

    https://m.youtube.com/watch?v=1_uLwHFR2aA

  • NARENDRA MODI KING of WORLD

    Well I’m glad NARENDRA MODI is here

    • LIZ THE SHIZ

      well he should be at his 7-11 serving Slurpees and beef jerky

  • jakartaman

    At some point and maybe sooner than later – the world will have a do over.
    Will it be a result of a world economic collapse? Will it be a WWIII? will it be some sort of Major natural calamity?(pole shift, gamma ray blast, eearthquakes with volcanic uruption that brings on an ice age, astroid impact, unstoppable pandemic etc etc Things ALWAYS change – some for the better and some for the worst – The best we mortals can do is to be right with GOD.

    • sister soldier

      The one thing that is constant – is change.

    • aldownunder

      Don’t hold your breath

  • im4truth4all

    The following information is for orthodox Catholics. A recent book called “The Five Beasts of St. Hildegard – Prophetic Symbols of Modern Society” describes 5 brief historical periods that must take place which are back to back and prepare the way for the Antichrist. The 5 Beasts represent the brief historical periods. There is also no conditionality to the prophecy. St. Hildegard was made a Doctor of the Catholic Church by Pope Benedict.

    The book is easy reading and only 84 pages. The author makes a very compelling case, in my opinion, that we are coming to the end of the 4th period if we have not already completed it. What is particularly alarming is the violent nature of the 5th period. At the end of the 5th period will come the son of perdition. Only one sin is explicitly identified in the the last period and it is the sin of greed.

  • Rhino Horns

    You are shining a brilliant light on the two schemes of the unholy elites: 1) Debt and 2)Taxes.

    Abolish the Fed and the IRS!

    • Andrew Mackinnon

      Yes, the problem is usury (ie. the charging of interest on government debt) which is paid with the taxes received from citizens. Usury is forbidden by God in the Bible.

      • RenegadeProphet

        Humans will never be free until there exists not one single bank, government or church and especially aliens.
        The evil bstrds know about the approaching Planet X and the coming PLANNED WW3 that will destroy America, this one:
        The
        entire government are evil treasonous criminals! The day of the next
        false flag using the nuke the evil government stole in 2007 and blamed
        on Iran, America will be annihilated by Russia, China and the SCO. This
        is the war of Armageddon and you can know it is now because of Planet X
        and the toxic chemtrails that hide it every day globally for the past
        decade. Planet X will end the war when it rips the earth apart again but
        by then 90% of Americans will be dead already. All planned by your evil
        government and their evil alien masters!

    • bob cratchette

      Yes I can as an example buy a 50 thousand dollar car and it is financed at 5-7 yrs but the same house costing 50k takes 30 yrs to pay off.

      • Bill the Cat

        Only if you choose that option…

        You can’t protect people from themselves and attempting to do so is a fool’s errand.

  • South Texas

    This article always reminds of the fact that even before taxes and over regulation killing job opportunities, the biggest issue facing people is the monetary system. I had an older uncle long gone now that worked a modest parts counter job over 20 years, served in WWII, and was a farmer before retiring. He and his wife were frugal, but still had a car, raised a child, a modest home with TV and such. His wife worked at department store for a while.

    The monetary system is raping all of us and it is intolerable at times to listen to the stupidity on business programs about how low inflation is and those allegedly single digit employment rates.

    • Earl

      South Tex, it’s not stupidity. It’s called propaganda or straight up lying.

  • Nov 22, 2016 – 0.7% Of Adults Control $116.6 Trillion In Wealth, Wealth Transfer Is Now Complete – Episode 1134a

    Existing home sales surge prior to the election. The top .7% of adults controls most of the wealth in the world.

    https://youtu.be/o3Uemg9nSj8

  • sister soldier

    So much for JFK’s adage that “a rising tide lifts all boats.”

    Either there are not enough boats or someone put holes in 99% of them if all the wealth of the world is estimated to be in the hands of 1%.

    • mtntrek3

      Greed. Most of us out here are already counted out financially. It’s becoming /has become the rich and the poor. Personally, I’m learning to be content with what we have in this world. Hard to do at times, but that’s a part of learning/maturing in Christ. Going by what the Bible says…… we haven’t seen anything yet. Whew. Our faith in God first. : ) God Bless. Chris.

  • alan

    Cat, chicken of the rail yard!

  • Omnipotent Potentate

    The multimillionaires and billionaires are not to blame for the processes that are devised by the detestable thieves we call politicians. Millionaires should be able to retain their wealth, including bequests made to descendants. No one else deserves the wealth, as I have a relative who is worth US$50,000,000 and gifted 15,000,000 to another recipient–but not me. I was not entitled to a relative’s money that I am not acquainted with, and neither is a vagabond or contumacious criminal–or the abhorrent federal government.

    The vituperation directed to the most successful and productive member and society and the praise directed to unproductive plebeians, peons, and allegedly entitled hoi polloi by people who proclaim to worship God is egregious. What happened to grace and forgiving transgressors (both the rich and poor have not transgressed)?
    Globalization is a wonderful process, as the only things that will require human hands to manufacture are paintings and Rolex watches. Debt is a self imposed problem, whether personal or governmental. Those who bask in their naïveté and can’t afford things that they desire are those who go into debt. They are best defined as people of lesser intelligence and higher impulsivity.

    For Neo Nazi animals: Jewish bankers are NOT to blame for your idiocy.
    For supercilious false “Christians”: You are not superior beings.
    For people with an Intelligence quotient less than 110 and worship Mao or Stalin: I will buy you a one way ticket to Caracas.

    Why do these people who exalt values that tenth century inquisitors, popes, leaders and their henchmen would approve of? The only reason the poor are poor is because the bureaucratic, despotic swine who run the nations are precluding the practice of glorious and pulchritudinous capitalism.

    The naysayers and anti Semitic practitioners of savagery who frequent this comment section are more of a threat to society than any one else–rich or poor.

    • GSOB

      Mark 14:7

    • Andrew Mackinnon

      About 3% of the money in circulation in most countries around the world is physical notes and coins. The other 97% is interest-bearing debt – money created out of nothing by commercial banks and lent at interest to citizens and businesses. Therefore, only a small percentage of anybody’s life is financed without debt, rich or poor.

      God forbade usury in the Bible – the charging of interest on debt.

      The solution is for the federal government to have the sole right to increase the money supply by creating money out of nothing and to decrease the money supply by destroying money.

      It would create money out of nothing and spend it into circulation by paying the wages of government employees, by paying for social security benefits and by paying for necessary infrastructure like roads and bridges. It would also create money out of nothing and lend it to citizens for things like mortgages for homes. It would also lend to other entities like businesses. However, it wouldn’t charge interest on any of these loans to citizens and businesses.

      Inflation would be controlled by receiving money back from citizens in the form of income taxes and destroying this money to take it out of circulation and reduce the size of the money supply.

  • xyz

    And stop breeding if u cant afford having sprogs. But impossible when 99% of population is made up of ‘tards and more slaves are needed by the government. After all u reap what u sow.

  • thegeorgespyman

    I learned about a thing called structural adjustment reading a book called Faith And Credit: The World Bank’s Secular Empire. Structural adjustment is an Orwellian term to be sure. Rich nations give loans to poor ones in what was supposed to an aid package. However, once accepted the terms required borrower nations to devalue their currency by half. The loans were given and to be repaid in U.S. dollars. You can see then that the ‘charity’ was in fact a form of debt bondage with a defacto criminal interest rate. Then we have the nerve to blame the victims for some perceived deficiency when in fact whole nations have suffered the wrath of the economic hit man. The net effect nations have to provide twice as much labor or resources to manage. But worry not. We’ll loan them more and more money until they are reduced to nothing. I believe loans should be repaid in the borrowing nation’s currency. Then there is no merit to devalue it. It would provide true stimulus without punishment. If we truly want a better world an adjustment to structural adjustment would restore many nations to prosperity. Is that too much to ask?

  • yep

    we must destroy globe-ism or else we all die, it is a crime to accept globe-ism.

  • GSOB

    There will always be a clandestine market.

  • GSOB

    Fear is the dark room where you develop your negatives.

  • GSOB

    John 14:17

  • mtntrek3

    Technology is a double edged sword. It is a help for sure in some ways…… in others it would ultimately be the end of mankind if allowed to continue much longer. Robotics are taking away many manufacturing jobs now and more in the future. AI would eventually destroy mankind if allowed to continue past a certain point. God will call a stop to all of this sometime soon. Faith in God first.

  • muldoon55 .

    The results of the only real authentic solution to all suffering on earth are written here in Revelation 21 3-5 I heard a voice thunder from the Throne: “Look! Look! God has moved into the neighborhood, making his home with men and women! They’re his people, he’s their God. He’ll wipe every tear from their eyes. Death is gone for good—tears gone, crying gone, pain gone—all the first order of things gone.” The Enthroned continued, “Look! I’m making everything new. Write it all down—each word dependable and accurate.”
    Any attempts at reforming this corrupt system will fail!
    Only complete extermination of human system of rule along with any who prefer it is the answer!
    Michael likes to quote from the Bible but fails to illuminate its’ central theme namely the Kingdom of God will triumph Jehovah Gods’ original plan for the earth and mankind

  • RiptKeys

    Not sure who said this but,
    “If you gave everyone in America $1,000, the very next day 50% would have $500, and the other 50% would have $1,500. A week later 75% would have $250, and 25% would have $2,250.”
    We are just in the later forms of this quote. It’s happened many times through generations and cultures. And every time the populous gets tired of it, they revolt. But it all comes down to what YOU chose to do with your money. It’s not the wealthy’s fault they want to stay wealthy, but it IS the poor mans fault for wanting to wear flashy clothes, have a big screen TV, and a nice car; instead of saving up, moving out of a bad neighborhood, and making life better for their offspring. This little step for a poor man can greatly increase the odds of his family line being better off. But alas, we only think of ourselves.

  • Priszilla

    Funnily enough – the other half produces products they hope to sell to those who only have $2.50/day – for a profit. Obviously this doesn’t work. But taxing them works, with the help of law enforcement.

  • Jill

    When I was poor, I was poor because of my lack of self control and poor decisions. A nefarious ‘global cabal’ did not make me poor. We improved our lot with self reliance, hard work, and a desire to live like no one else (aka. debt free).

  • Lazarovic

    The Global Elite are Republicans.

  • Imhotep

    Michael, as your topic stated – “…Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way….

    What most people are not aware of is that the situation could hardly be different. That a mass of people living in abject poverty is really a symptom due to the INTRINSIC nature of the world-wide monopoly/imperialist Capitalist socioeconomic system – which is now at it’s decadent stage.

    Any REAL and permanent solution to the problem you stated actually involves a FUNDAMENTAL shift away from monopoly/imperialist Capitalism. There is NO other permanent solution (other than a “divine” intervention?)

  • Priszilla

    The benevolent dictator.

    It’s up to the people to change the system by which they want to live by.

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