At this point, I don’t think there’s anybody out there who would contest the fact that the American Dream is long dead for those who are White Males.
Gone are the days when a man could start up a business, set his own hours, and through hard work, intelligence, and force of willpower break through the barriers of wealth – add a little luck in there for good measure.
No, in the new modern America, unless nepotism, corruption, or disgusting acts of subservience are utilized, class distinctions are pretty much set for life unless downward spirals occur thanks to outsourcing, automation, and mass immigration combined with collapsing wages.
Poverty has become permanent, and suffering from paycheck to paycheck a routine just as normal as eating, drinking, and sleeping.
Not that it impacts those on the top, however.
Crashes, recessions, and insignificant things like governmental regulations mean little to these figures – they just get richer and more greed-consumed.
The bottom half of adults in the world collectively own less than the richest one percent, according to a Credit Suisse report. The gap between the super-rich and the poor has significantly grown since the global crisis.
The wealthiest one percent owned 42.5 percent of global wealth in 2008, the bank reports.
“The downward trend reversed after 2008 and the share of the top one percent has been on an upward path ever since, passing the 2000 level in 2013 and achieving new peaks every year thereafter. According to our latest estimates, the top one percent own 50.1 percent of all household wealth in the world,” the report said.
“Global wealth inequality has certainly been high and rising in the post-crisis period,” according to the bank.
While the bottom half of adults collectively own less than one percent of total wealth, the richest ten percent owns 88 percent of global assets.
Last year saw 2.3 million people becoming new dollar millionaires. The total number of millionaires has increased to 36 million. “The number of millionaires, which fell in 2008, recovered fast after the financial crisis, and is now nearly three times the 2000 figure,” Credit Suisse said.
The poorest 3.5 billion people, who account for 70 percent of the working age population, each earn less than $10,000 and account for just 2.7 percent of global wealth.
What is especially fascinating is the fact that Jews, an ethnic group that accounts for something between 0.2 and 0.4 percent of the total world population, currently hold somewhere between 10 and 20 percent of the total billionaire slots – the percentage rises to at least 20 percent when the top 50 richest people on Earth are tallied and analyzed.
And yet at the same time, we’re supposed to believe that horrible suffering and horrible prejudice haunts these people on a daily basis – name the nation, and you’ll almost certainly find tears and lamentations somewhere.
But to be honest, I digress a bit, for even when one looks at those of Gentile ancestry on the billionaire list, one still oftentimes finds horrible creatures who would destroy the world rather than lose a few million dollars in profit.
These are the figures pushing Globalism (lower taxes and tariffs), open borders (cheaper labor), and ethnic destruction (less chance at serious questioning and resistance), and at the end of the day, you’ll more than likely see them marching lockstep with the most horrid Cultural Marxists and general Leftists – so long as agreements are made to avoid serious attempts at wealth seizure.
It’s really quite important to understand this, and it’s unfortunate that not too many realize that unbridled Capitalism can be just as damaging in the long term as open Bolshevism – the first is actually a prerequisite for the second, as well.