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Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way
Economic Collapse ^ | 22 November 2016 | Michael Snyder

Posted on 11/25/2016 6:44:21 AM PST by Lorianne

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. 2 Your riches are corrupted and your garments are moth-eaten. 3 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. 4 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. 5 You have lived in pleasure on the earth and have been wayward. You have nourished your hearts as in a day of slaughter.

SNIP


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: elitists; globalism; poverty; un
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1 posted on 11/25/2016 6:44:21 AM PST by Lorianne
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To: Lorianne

Well, the Clintoon Foundation’s actions in Haiti and elsewhere clearly demonstrates that idea.


2 posted on 11/25/2016 6:46:05 AM PST by OttawaFreeper ("If I had to go to war again, I'd bring lacrosse players" Conn Smythe)
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To: Lorianne
It has always been so but is changing.....

Think India, think China.

Think Office Girls

http://www.freerepublic.com/focus/f-chat/3489963/posts

3 posted on 11/25/2016 6:48:15 AM PST by bert ((K.E.; N.P.; GOPc;WASP .... Does America still have lots of safe closets?)
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To: Lorianne

for later


4 posted on 11/25/2016 7:01:41 AM PST by Mrs. Don-o ("Outside of a dog, a book is man's best friend. Inside of a dog it's too dark to read." Groucho Marx)
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To: Lorianne

The globalist are not hard workers, they are grifters who are gifted with manipulative powers directly from hell! They lie, cheat, steal, and kill to obtain wealth. Wealth=Power, that is their real drug! The are not smarter just more devious and willing to do anything to get their way.


5 posted on 11/25/2016 7:03:33 AM PST by seeker41 (Trump Save America)
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To: Lorianne

If Globalists have their way 99% of the world population will be dirt poor, but EQUALITY be achieved.


6 posted on 11/25/2016 7:06:03 AM PST by Awgie (Truth is always stranger than fiction.)
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To: Lorianne
No doubt.

Remember the olympics when they were flying over the favelas and acting like it was the most natural thing in the world to have massive, sprawling ghettos? Almost glamorizing them.

7 posted on 11/25/2016 7:11:59 AM PST by riri (Obama's Amerika--Not a fun place.)
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To: Lorianne
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.

Is that actual numbers, or is it adjusted for inflation?

Either way, whether you call it "socialism" or "feudalism", the basic desire of the elites to live in absolute luxury while the masses barely survive seems to be integral to their nature. (Elites who earned their wealth, like Trump, seem less likely to embrace this dynamic, but still do it.)

I think a lot of that desire stems from the fact that it is difficult to believe in one's own superiority if the people whom one is supposedly superior to have comfortable standards of living. It's a lot easier to feel one is superior when the masses have almost nothing; that also gives elites the opportunity to demonstrate magnanimity by giving the masses their used trenchers and table scraps (common practice of the rich in the Middle Ages).

8 posted on 11/25/2016 7:12:48 AM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: Lorianne

The Clinton ‘Foundations/Slush Fund’ elite types ARE the corrupt worst. What they did in Haiti is typical... corruption feeding on the helpless.


9 posted on 11/25/2016 7:14:14 AM PST by GOPJ ("Fear is a good thing. Fear is going to lead you to take action"...Steve Bannon 2010 interview.)
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To: Lorianne
So how did we get here?

Sigh.

Poverty has always been the norm, taken for granted because the exceptions were so rare and so clearly confined to the aristocracies, which varied in flavor in different cultures around the world but which were invariably tiny fractions of the population.

This began to change in the Age of Exploration, when the discovery of the New World opened the prospect of land ownership to common people from at least some European countries. The more important turning points, however, came later, with the Glorious Revolution, the evolution of a political/legal doctrine that respected individual liberty and property rights, and the closely-related onset of the industrial revolution. The rest is history.

Countries are prosperous today to the extent that they adopt the winning formula. This is a delicate cultural question. It is not a matter of white, European, Christian culture vs. everyone else; a number of countries in East Asia have taken to it more readily that southern Europe. Sub-Saharan Africa and the Arab world are the cultural retardates. And of course, any country, including our own, that becomes infected with the virus of socialist resentment can regress very quickly.

How did the world get this way? The world has always been this way. The question is, how has so much of the world escaped the trap? And how can we bring the retardates along?

10 posted on 11/25/2016 7:29:35 AM PST by sphinx
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To: Lorianne

For later


11 posted on 11/25/2016 7:43:38 AM PST by Tench_Coxe (For every Allende, there is a Pinochet)
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To: Lorianne

The Globalists want to make the 49% poor as well and the 1% will hold all the wealth


12 posted on 11/25/2016 7:45:50 AM PST by butlerweave
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To: Lorianne
A lot of these statistics are meaningless without a context. If someone was forced to live in the US on $2.50 a day, they couldn't. On the other hand, to live in a country where the average annual income is $300 makes $2.50 a day an attractive wage.

These countries aren't poor because other people are rich. They're poor because they're primitive, corrupt, lazy, or totally lacking in natural resources. None of that is the fault of the "wealthy," nor will redistribution of wealth alleviate the situation. The money would just be squandered or end up back in the hands of the wealthy anyway.

Get some ambition. Stop standing in line for handouts. Stop blaming everyone else for your failures. Kill the corrupt and criminal. Take control of your own economic destinies and quit milling around waiting for manna to drop into your laps.

13 posted on 11/25/2016 7:46:30 AM PST by IronJack
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To: IronJack

Well stated IronJack!


14 posted on 11/25/2016 7:56:37 AM PST by hawg-farmer - FR..October 1998 (VMFA 235 '69-'72 KMCAS <---)
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To: Lorianne

A guy looked at my Corvette the other day and said I wonder how many people could have been fed for the money that sports car cost.

I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL. at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT... I have to admit, I guess I really don’t know how many people it fed.

That is the difference between capitalism and welfare mentality. When you buy something, you put money in people’s pockets, and give them dignity for their skills.

When you give someone something for nothing, you rob them of their dignity and self worth.

Capitalism is freely giving your money in exchange for something of value.

Socialism is taking your money against your will and shoving something down your throat that you never asked for.


15 posted on 11/25/2016 8:08:41 AM PST by Ex-Pat in Mex
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To: Lorianne

When an individual or a government consistently spends more than their income, sooner or later the debt catches up to you and makes you a slave to someone.

The fix is to stop spending more than your income and start paying off your debt. The problem with the government is that they don’t want to face the music politically in order to do that, plus keeping your constituents dependent on the government solidifies their power. It takes people of character, from the bottom up, to change this.


16 posted on 11/25/2016 8:15:40 AM PST by rusty schucklefurd
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To: Lorianne

Not so. The global elite want 9/10 of the earth’s population to be dirt poor.


17 posted on 11/25/2016 8:16:03 AM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: Lorianne

Another story about the evil rich so the have not’s will know it’s the poor guy that will give them a job.
Spread the money their money that is.


18 posted on 11/25/2016 8:22:13 AM PST by Vaduz (women and children to be impacted the most.)
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To: Lorianne

https://www.youtube.com/watch?v=B4wU9ZnAKAw

“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”
— David Rockefeller, Bilderberger Conference, Baden-Baden, Germany 1991

“Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”
— David Rockefeller, Memoirs, page 405

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”
— David Rockefeller

“But this present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for long. Already there are powerful forces at work that threaten to destroy all of our hopes and efforts to erect an enduring structure of global interdependence.”
-—David Rockefeller, at the Business Council for the United Nations, September 14, 1994

These are just from one super-wealthy, megalomaniac. There are more. Here are a few others:

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”
— Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1992

“US must not stop Syrian resettlement. It would be a threat to ‘global governance’”.
— David Miliband, former British Foreign Secretary who came to New York in 2013 to take the reins of the International Rescue Committee

“The technotronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities...”
— Zbigniew Brzezinski from his book “Between Two Ages: America’s Role in the Technotronic Era”

“This regionalization is in keeping with the Tri-Lateral Plan, which calls for a gradual convergence of East and West, ultimately leading toward the goal of one world government. National sovereignty is no longer a viable concept.”
— Zbignew Brzezinski, National Security Advisor to President Jimmy Carter

“Every child in America entering school at the age of five is insane because he comes to school with certain allegiances to our founding fathers, toward our elected officials, toward his parents, toward a belief in a supernatural being, and toward the sovereignty of this nation as a separate entity. It’s up to you as teachers to make all these sick children well – by creating the international child of the future”
— Dr. Chester M. Pierce, Psychiatrist, address to the Childhood International Education Seminar, 1973

“To achieve world government, it is necessary to remove from the minds of men their individualism, loyalty to family traditions, national patriotism and religious dogmas…”
— G. Brock Chisholm, psychiatrist and co-founder of the World Federation of Mental Health

“We ... ourselves, who still nurse a sense of our homogeneity and difference from others ... And that’s precisely what the European Union, in my view, should be doing its best to undermine… States have to become more open states, in terms of the people who inhabit them; sovereignty is an illusion ... sovereignty is an absolute illusion that has to be put behind us.”
—Peter Sutherland, UN migration chief & chairman at Goldman Sachs bank, who wants to use (Muslim) immigration to destroy European countries’ culture

“If we are frank with ourselves, we shall admit that we are engaged on a deliberate and sustained and concentrated effort to impose limitations upon the sovereignty and independence of the fifty or sixty local sovereign independent States which at present partition the habitable surface of the earth and divide the political allegiance of mankind. It is just because we are really attacking the principle of local sovereignty that we keep on protesting our loyalty to it so loudly. … I will merely repeat that we are at present working, discreetly but with all our might, to wrest this mysterious political force called sovereignty out of the clutches of the local national states of our world. And all the time we are denying with our lips what we are doing with our hands…”
—Arnold Toynbee, Address to the 1931 Copenhagen conference as published in International Affairs: Journal of the Royal Institute of International Affairs (November 1931)


19 posted on 11/25/2016 9:09:15 AM PST by Yollopoliuhqui (Smarter - Faster)
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To: Lorianne

They use the celebrities to talk for them. I cannot listen to someone making millions on a tv show for several minutes work an episode telling me I have to do with less.


20 posted on 11/25/2016 10:13:28 AM PST by minnesota_bound
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