30
Dec

Mind the (income) Gap

.., because it got WIDER over the last year. I am sure no one is surprised about that, but just to say.

http://www.bloomberg.com/news/2014-12-29/world-s-400-wealthiest-add-92-billion-in-2014-as-alibaba-surges.html

I can't stress enough that these lists of so called wealthiest, like in Forbes (owned by whom?), only mention the LEAST POOR in terms of FIAT currency or assets obtained/purchased (however NOT owned mind you) with it.

To understand who the REAL wealthiest are one obviously first needs to understand the ABSOLUTE definition of wealth, not the beautiful LIE version of it. Hint: there is no fiat currency involved although... the absolute wealthiest DO OWN ALL the 'money' that ever came into existence.

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