The rich stay rich and poor stay poor. That is
the current Meta for 21st century. The rich stay rich because the 1%
of rich people owns the 50% of the wealth of the total population. Rich people
own basically own everything. They own the corporations, property, investments,
capital and everything that would be helpful in developing nations. In America,
top 1 percent controls 83 percent of US stock. This is very scary. So the other
17 percent of the stocks are owned by 99 percent of people in United States. This
is one reason why the rich stay rich and poor stay poor.
The
poor stay poor because as of 2007,
the bottom 80 percent of American households held about 7 percent of the liquid
financial assets. The data comes from Dailyfinance article and it is
irrational. How can 80 percent own 7 percent? That is kind of unrealistic. So the
poor stay because they cannot own anything. Everything belongs to the rich.
http://www.dailyfinance.com/2010/02/21/are-the-rich-getting-richer-the-data-says-yes/
http://financemymoney.com/who-controls-wealth-in-america-top-1-percent-own-83-percent-of-stocks-housing-debt-eating-personal-income/
