Tuesday, January 6, 2015

Wealth Inequality In the US Trumps All Other Countries

The wealth distribution in the US is so unequal that it's in the league of corrupt underdeveloped countries, no longer in the league of developed nations, according to the latest edition of the world's most thorough study of wealth-distribution--Credit Suisse Global Wealth Databook. 

The US is ranked 44th out of 86 countries, well below every other developed society measure. It is only one spot below Nigeria, which has arguably the worst political corruption in the world. Also, in 2012, Nigeria saw nationwide protests over perceived income inequality and if we are only one spot below them on the list, should we be worried about protests?


                                       



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