From Credit Suisse...
Something to think about:
Something to think about:
Class inequality is constantly expanding at a global level.
The unequal distribution of the world's wealth was further intensified after the international synchronized capitalist crisis. According to the annual research on global wealth (carried out by Credit Suisse), 90% of the population possesses about 10% of the wealth, while the poorest 75% possess less than 3% of the wealth. Indeed, of the 10% of the population that possesses 90% of the wealth, 1% alone possesses almost 50% of the wealth. At the same time, 71% of the world's population lives with less than the equivalent of 8 dollars per day.
The results of these class inequalities are also reflected in the lack of access of 780 million people to clean water, the lack of access of 2.5 billion people to health facilities and 1.3 billion people's lack of access to electricity.
Almost 3 billion people gather wood and biomass residues in order to cook, a practice that is connected to 3.5 million premature deaths due to poor indoor air quality.
Finally, almost 800 million people are recorded as being chronically malnourished, while 3.5 million people die from hunger every year.
But poverty doesn't seem to bother Credit Suisse as they will get rid of over 900 jobs over the next year.
