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gerhard7
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Comments by "gerhard7" (@gerhard7323) on "How Rich are the TOP 1% Really?" video.
Attempts to justify the unjustifiable aside, ultimately it all boils down to what sort of society we wish for ourselves and our kids to live in. Increasingly unequal, deliberately economically skewed, divided societies which growing numbers of people feel disenfranchised from is ultimately a 'frogs in the pot' recipe for discontent.
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Brian Thompson, the recently assassinated CEO of UnitedHealthcare in the US, demonstrates that there is very real anger brewing at what is quite clearly a system slanted very much in order to favour the enduring interests of the rich. America is the richest poor country in the world and yet even those apparently reasonably comfortably off can, almost overnight, be bankrupted should the fickle finger of fate suddenly deal them a sh*tty hand.
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Granted in very simple accounting terms, but the public debt is equal to the EXACT penny or cent of the private surplus. Think about that for a minute and then wonder in whose hands the bulk of that private surplus rests. Collectively we are ALL to a greater or lesser extent responsible for the interest bearing public debt but we don't ALL get to benefit from the interest bearing surplus. Much, but certainly not all, wealth is 'earned' by a relatively tiny number in their sleep ie with little to no effort or risk. Something to reflect on...
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