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The World's Coming Trillionaires

The World's Coming Trillionaires
Fri, 3/7/2014 - by Christina Sarich
This article originally appeared on Nation of Change

We live in a dysgenic society. $223 trillion of our world’s wealth is not in your wallet, is it? What’s up with the wealth gap anyhow?

Our monetary system is run for bankers, by bankers. Our health-care system is run by pharmaceutical companies and insurance companies for their own gain. Billionaires at the top of biotech and agricultural corporations, given ‘personhood’, dictate our food supply, and our energy supply is held hostage by equal maniacal greed. The ‘military’ – well that system isn’t in place to protect you and I, the average citizen, it is in place to protect the banks, the pharmaceutical companies and the corporations. The politicians – they aren’t in their positions to be ‘the voice of the people’ – they are there to act with herd-like mentality, propping up the centralist agenda, and to go home to bed thinking they are safe from the trajectory of their ill-imagined actions.

This society allows for a huge displacement of wealth, and the stealing of resources from every conceivable area to form a massive load of debt – one so huge it enslaves us for decades, if not centuries to come to the elite class. If you think that billionaire robber barons had all the cash, just wait. Think one million times one million to equal true wealth disparity.

Even John D. Rockefeller, the richest American ever, saw his wealth peak in 1913 at around $900 million, or 2.5% of the country's GDP that year. The disparity between the have’s and have-nots is becoming lost in our mental capacity to digest such staggering numbers. Are you even sure how many millions are in a trillion? Most Americans don’t know. Whether it is money they have or don’t have—it’s a confounding numerical value.

Our current debt (deficit) is equal to 12 trillion – and growing. $1 trillion of that was spent on the Iraq and Afghanistan wars. To put this in perspective, if you started a business with a trillion dollars and lost $1 million a day, every day for 365 days, it would still take another 1,000 years to lose all of your trillion-dollar investment.

“A new word is achieving ubiquity. The word has always been with us and at times has been a beacon to attract the friends of liberty and opportunity. But now I’m afraid it is beginning to be used as a justification for social and economic policies that will limit the expansion of both liberty and opportunity. The word? Inequality. More specifically, the word has become problematic when used in close proximity to the word income. There are those who believe that income inequality is the proximate cause of the Great Recession, if not the imminent demise of Western Civilization, pushing us into a dystopian world that will come to resemble the one depicted in the movie Blade Runner.” —John Mauldin

This society – our society, according to a recent Credit Suisse annual Global Wealth Report will create 11 trillionaires in the next decade. The report also states that global wealth has more than doubled in the past ten years – so where did all the money go? The 1% really hold all the wealth, but it isn’t just affecting the US. The planet as a whole is suffering from this inequality.

Originally published by Nation of Change

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Posted 2 weeks 8 hours ago

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Posted 1 week 6 hours ago

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Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.