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Rich-Poor Divide Accelerating, Says Oecd

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http://www.bbc.co.uk/news/business-22545210

The gap between rich and poor widened more in the three years to 2010 than in the previous 12 years, the OECD group of industrialised nations has said.

It says the richest 10% of society in the 33 OECD countries received 9.5 times that of the poorest in terms of income, up from nine times in 2007.

Those with the biggest gaps included the US, Turkey, Mexico and Chile.

The OECD says that if governments do not stop cutting back on welfare support this gap will grow wider.

Luckily the wealth divide didn't contribute to the depression.

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http://www.bbc.co.uk/news/business-22545210

Luckily the wealth divide didn't contribute to the depression.

It is one of the very obvious indicators of a depression - one that started long ago, sponsored and abetted by govertments and their central banks with the corporate lobbies in tow.

There are a lot of highly renumnerated liars out there, both enacting and peddling false economics for their own short term gain.

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Its not welfare thats the problem, its globalization.

Welfare is just paid for through money printing, which is inflationary, which hits the poor hardest. Until its paid for through taxes on the rich, it will achieve nothing.

No, its the forcing of wages to Far east levels through currency devaulation thats doing it. Neither left or right will tackle that. Far from it, its both their goals.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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