Pemex Fuel Pricing Caught Red Handed
Another DUH grade scandal for Pemex which means the federal government. A MAJORITY of Mexico's gasoline is refined in Houston Texas at the Shell Oil / Pemex joint venture refinery (Deer Park). S...
Forum Discussion
Here's another of those articles that shows up almost daily in the news and online. This says more than 2/3 or 71% of the world's population get a share of only 3% of the world's wealth. 0.7% of the world's population have almost half of all the money. The article has more to say - this is only part of it. So how do the people of Mexico - many of whom fit into the 71% sharing just 3% of the pie - afford to buy high priced fuel? And what does this say about the reality of opportunity in the world today?
A major investment bank broke down the world's astonishing, warped distribution of wealth
http://www.msn.com/en-us/money/personalfinance/a-major-investment-bank-broke-down-the-worlds-astonishing-warped-distribution-of-wealth/ar-BBnYyM0?li=BBnbfcN
The distribution of global wealth is getting more unequal every year, according to a huge study by Credit Suisse.
The bank has compiled statistics to show that just 0.7% of the world's adult population owns almost half of the world's wealth, while the bottom 71% have less than $10,000 (£6,500) each.
That poorest two-thirds of the population own a 3% sliver of the world's wealth, and inequality is rising, according to the analysts at Credit Suisse.
Here's what they had to say:
This year, the number of High Net Worth individuals fell for the first time since 2008. However, the share of wealth owned by HNW individuals continued to rise as it has done every year since 2002, except for the setback in 2007–2008.
A major investment bank broke down the world's astonishing, warped distribution of wealth
http://www.msn.com/en-us/money/personalfinance/a-major-investment-bank-broke-down-the-worlds-astonishing-warped-distribution-of-wealth/ar-BBnYyM0?li=BBnbfcN
The distribution of global wealth is getting more unequal every year, according to a huge study by Credit Suisse.
The bank has compiled statistics to show that just 0.7% of the world's adult population owns almost half of the world's wealth, while the bottom 71% have less than $10,000 (£6,500) each.
That poorest two-thirds of the population own a 3% sliver of the world's wealth, and inequality is rising, according to the analysts at Credit Suisse.
Here's what they had to say:
This year, the number of High Net Worth individuals fell for the first time since 2008. However, the share of wealth owned by HNW individuals continued to rise as it has done every year since 2002, except for the setback in 2007–2008.
