- Aug 7, 2003
- 8,091
The article states that the "average" wealth of the top 1% is $2.7m = £1.8m, which in these days of inflated property prices, is not all that much. Probably quite a few, on here, in that category.
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[News] Capitalism - The gift that just keeps on giving
- Thread starter Diego Napier
- Start date
The Birdman
New member
We need to get a few into the top Forty 
a lot of our wealthy guys do put a lot into charity like Bill Gates . I don't mind self made Billionaires however you can't take it with you but you could do some good in the world. Capitalism vrs Socialism which works!
a lot of our wealthy guys do put a lot into charity like Bill Gates . I don't mind self made Billionaires however you can't take it with you but you could do some good in the world. Capitalism vrs Socialism which works!
Neither, I suspect, does poverty!
gordonchas
New member
- Jul 1, 2012
- 230
The article states that the "average" wealth of the top 1% is $2.7m = £1.8m, which in these days of inflated property prices, is not all that much. Probably quite a few, on here, in that category.
To re-iterate something I mentioned earlier in this thread, if someone has net assets of 500k (including equity held in your house) or more then they are in the 1%.
If you have more than 50k you are in the top 10%.
For many of those people who think this is a problem, consider this... you are part of the problem.