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Why We Should Be Careful with the “1% Control 50% of the World's Wealth” Stat (theconversation.com)
3 points by lpcrealmadrid on Jan 20, 2015 | hide | past | favorite | 2 comments



Good point. Especially that stat, because it is so volatile. So much of the wealth is tied up in the value of companies or other complex things whose value is illiquid, and whose value can change quickly.

Still though, not like it's going to go to 50/50, 70/30, or some less-eye-popping number anytime soon.


True! I just think a lot of times numbers become commodified and make rounds on the internet (accompanied by a superficial level of analysis) without touching upon the real reasons why that number is significant.




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