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Global Wealth Transfer Schemes Intentionally Widening the Income Gap

Saturday, October 15, 2016 23:03
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(Before It's News)

Inequalityby Makia Freeman, Contributor | Waking Times 

The gap between the rich and poor has become so extreme in the US, and all over the world as well, that it causing severe (and preventable) suffering, disease and even death.

If you think of society as divided into 3 classes (the upper, middle and lower classes), you can see in the following video how the wealth is being shifted to the upper class, and more specifically the super rich 1%, while at the same time many in the lower class are falling below the poverty line.

The poverty line is now advancing to those in the middle class, which means being in the middle class is becoming less meaningful: with the way things are going, even middle class people may still end up being in survival mode and living day-to-day or month-to-month.

Gandhi said, “Poverty is the worst form of violence”. The manipulation of wealth is a form of violence been directed towards the mass population.

Shocking Statistics of Wealth Inequality and Gap Between Rich and Poor

This video is based on a Harvard study which reported that in 2012 for the US that:

  • The top 1% of people own 40% of the wealth
  • The bottom 80% of people own 7% of the wealth
  • The top 1% take home 24% of the national annual income (up from 9% in 1976)
  • The top 1% own 50% of stocks, bonds and mutual funds, while the bottom 50% own 0.5%

Creating Crashes to Transfer Wealth

It is important to remember this sort of wealth inequality and gap between rich and poor has not come about by chance. It is by design. We don’t live in a free economy or a free market. We live in a manipulated market which is thinly disguised as a free economy.


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