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Archive for February 22nd, 2020

“Global wealth to reach USD459 trillion in 2024” [before falling to ZERO!]

Posted by te2ataria on February 22, 2020

Sent by a Visiting Scholar  [edited by blog moderators]

The system of wealth creation and its criminal billionaire fat cats

Global wealth was estimated at USD 361 trillion in 2019 to reach USD 459 trillion [subject to the limits imposed by geophysics and sanity] by 2024, according to Credit Suisse’s “Global Wealth Report.”

We estimate that it could fall to zero soon after, if not well before!

The well-overdue “Apocalyptic” outcome for the anthropogenic assault on the planet is now palpable more than ever before, thanks to the cabal, their system of wealth creation, billionaire fat cats, their politicians and the gatekeepers. 

“The US, China, and Europe contributed the most towards global wealth growth with USD 3.8 trillion, USD 1.9 trillion and USD 1.1 trillion respectively,” in 2019, the report said.

The average wealth per adult in the US rose to US$70,849 in 2019. However, about 50 millions, or 15%, of the US population living in poverty [about a fifth of the population in NZ share the same fate.]

There are about 47 million millionaires worldwide, who hold about a half (44%) of global wealth, or USD 158.3 trillion.

“… we’ve witnessed an increase of 1.1 million millionaires from mid-2018 to the middle of 2019. This elite group is collectively worth $158.3 trillion,” the report said.

NZ media glamorizing the criminal billionaire Bezos like a super Royal. WHY?

The Forbes 400 richest Americans were worth a record-breaking $2.96 trillion, in Oct 2019, while the average net worth of a Forbes 400 member rose to $7.4 billion.

The 33rd annual Forbes list of the world’s billionaires included 2,153 billionaires with a total net wealth of USD8.7 trillion, with Amazon’s Jeff Bezos keeping his No. 1 spot as the richest person.

America has a total to 18.6 millionaires now, and China has raised its total to 4.5 million, according to Forbes.

Why are the super-wealthy class so destructive?

If the world was a forest, Jeff Bezos, Bill Gates, Warren Buffett, Larry Ellison, Mark Zuckerberg, Michael Bloomberg, Larry Page, Sheldon Adelson, Koch [dead and alive,] Sheldon Adelson…  would be its largest eucalyptus trees (also known as “the Widow Maker” because of its huge falling limbs,) occupying massive and totally disproportionate spaces, having destroyed millions and millions of trees that previously grew in those areas.

Eucalyptus affects the soil fertility, it kills the microorganisms that are vital for biodegradation, it also ruptures the natural process of germination, oil on its leaves is highly flammable and prevents birds from building nests which in turn pose threat to biodiversity and above all the water consumption, which can deplete a country from water if it is already having acute shortage of water.

[Do you have to share a future with a bunch of brain-dead zombies, who’ve absolutely no human ideals, or moral values, and whose highest aspirations converge on sex tourism, BDMS, shopping at Amazon…  You can’t predict, let alone control, the final outcome! The best you can hope for is… –more on this later!]

Get the idea?

 

TO BE CONTINUED…

 

 

 

 

 

 

 

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