Richie Rich gets Richer
Countries like Greece and Spain are teetering towards bankruptcy. The poor is getting poorer and…the rich is getting richer. The same old story and a troubling trend backwards from the middle class dominance of the 20th Century. This report looks at the ever widening gap.Some people have 100 cars in their garage. 100 of each type of car: Rolls Royce, Porsche, Mercedes, etc. Rolls Royce has broken records in 2011 for cars sold. The luxury industry stumbled, but it has not seen the crisis that the lower income earners have experienced.
“Manhattan’s 58 billionaires have gotten richer. What is the world coming to?