Friday, May 22, 2015

OECD report confirms world-wide economic inequality

Confirming the sentiment of my previous posts about economic inequality primarily in the U.S.A., OECD's new report on world-wide economic inequality is sobering. This report, coupled with the analyses of economists who have already rung the alarm bell, identifies the countries where inequality has grown most dramatically even in the face of the 2008+ world recession. The richest have only grown richer and this poses a significant threat to the world's economies. Economies stagnate from those with the greatest wealth holding and growing their own net worth while middle class citizens would stimulate economic vitality by actively using their resources to purchase products and services.

No comments: