Ben Norton, Geopolitical Economy. (2024-01-19). Global 1% Own 43% Of Financial Assets. popularresistance.org The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity — nearly 5 billion people — collectively got poorer, according to a report by Oxfam, a leading international humanitarian organization. | Oxfam published the study, "Inequality Inc.", to coincide with the World Economic Forum meeting of corporate oligarchs and Western government officials in Davos, Switzerland this January. | The five richest people on Earth in 2023 were Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett. Their comb…

Clara Moore (2024-01-19). The Child Tax Credit Changed My Life. Congress Has a Chance to Bring It Back. counterpunch.org From childhood on, I've spent my life haunted by the ghost of poverty. A myth exists in America that financial well-being follows if we just work hard and make good choices. But it's not that simple. At some point, most of us face unforeseen obstacles — from physical or mental health challenges to lost jobs,

Ben Norton (2024-01-19). Global 1% Own 43% of Financial Assets, 5 Richest Billionaires Doubled Wealth While 5 Billion Workers Got Poorer. orinocotribune.com By Ben Norton — Jan 18, 2024 | The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam. | The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity — nearly 5 billion people — collectively got poorer, according to a