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Wednesday, June 10, 2009

USA: a bank-owned state

Interesting article of Al Jazeera's Samah el-Sahat:
Why America is a bank-owned state.

By "America" she means the USA, not the continent. She also mentions the UK, with a comparable economy.

Some interesting figures:

[In the USA] one per cent of the population have a quarter of all the wealth.

[In the UK] Back in 1989, chief executives pocketed 17 times more than average earners. By 2007, those same "captains of industry" were earning 75 times more than the average worker.

Now you know why your country may be rich but you're poor anyhow.

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