There is something about animation that makes you laugh when in truth you really want to cry. Let the tears run, whichever way you look at it, someone is having fun.
People do not understand how the world can be controlled through the reserve banking industry of central banks. Put simply, coming out of the Fed all the other economies of the world are effectively influenced by the US dollar, but this operation is so subtle only those who have the insight into reality recognize that this is the case. Everyone else argues that we live in democracies, the local banks control the economies of the country in which we live, so how can the world be controlled by a few.
Simple illustration: 10 people grow up together. One is stronger than the other nine and he intimidates them by physically punishing them when they do not do what he says. Consequently, the stronger one became known as Strongman. Strongman is feared by all.
Strongman favors one of the nine, and they sleep together. Favored one becomes Strongman's Captain. Captain noticed that people were afraid of Strongman, so they came to him to ask what they could do. Captain began to realize that he had considerable influence over the people. Strongman recognized this and he suggested to Captain that it might be better that he slept with one of the eight, so he chose Lieutenant to sleep with Captain. Lieutenant was also given some favorable treatment that he did not get before.
Just in case Captain and Lieutenant got strange ideas, Strongman decided to make one of the seven his sergeant at arms. Sergeant got to sleep with Strongman and was given the task of making sure everything was in order. Still even now and again Strongman would sleep with Captain and remind him of what else he would do if Captain got funny ideas.
Strongman now has Sergeant checking on Captain and Lieutenant and treats him special. Captain is very careful about Sergeant and does not want to get on the wrong side of Strongman. Strongman ensures that Sergeant is not so liked by the rest of the group by publicly giving him more favors than what Captain gets.
Strongman now controls everyone by utilizing his influence over Captain and Sergeant in such a way that they know that if either of them steps out of line, they will gladly put a bullet in the other's head, if need be. Lieutenant realizes that he is part of the select few and longs to be in Strongman's favor. Lieutenant believes that if anything were to happen to either Captain or Sergeant, he would get to sleep with Strongman.
Strongman shares his power with Captain and the two of them control the other eight. The Pareto principle works in Strongman's favor. Effectively Strongman and Captain, together exercise 80% influence over the group. Sergeant and Lieutenant exercise the remaining 20% influence over the group. This is how 40% of the group influences the rest to do what is required.
Now that you understand that little illustration, the following is what is happening in the real world:
UN Report Tells How Richest People Own 40% Of the Planets Wealth
The richest 1% of adults in the world own 40% of the planet's wealth, according to the largest study yet of wealth distribution. The report also finds that those in financial services and the internet sectors predominate among the super rich.
Europe, the US and some Asia Pacific nations account for most of the extremely wealthy. More than a third live in the US. Japan accounts for 27% of the total, the UK for 6% and France for 5%.
The UK is also third in terms of per capita wealth. UK residents are found to have on average $127,000 (£64,000) each in assets, with Japanese and American citizens having, respectively, $181,000 and $144,000. All data relate to the year 2000.
The global study - from the World Institute for Development Economics Research of the United Nations - is the first to chart wealth distribution in every country as opposed to just income, for which more comprehensive date is available. It included all the most significant components of household wealth, including financial assets and debts, land, buildings and other tangible property. Together these total $125 trillion globally.
Anthony Shorrocks, director of the research institute at the United Nations University, in New York, led the study. He affirmed that the existence of a nest egg provided an insurance policy that helped people cope with unforeseen events such as ill health or a lost job. Capital allowed people to drag themselves out of poverty, he added. "In some ways, wealth is more important to people in poorer countries than in richer countries." It was more difficult in developing countries to set up a business because it was harder to borrow start-up funds, he said.
His team used detailed data from 38 countries, but had to rely on incomplete information from the rest.
Many African nations as well as North Korea and the poorer Asia Pacific nations were places where the worst off lived.The report found the richest 10% of adults accounted for 85% of the world total of global assets. Half the world's adult population, however, owned barely 1% of global wealth. Near the bottom of the list were India, with per capita wealth of $1,100, and Indonesia with assets per head of $1,400.
"These levels of inequality are grotesque," said Duncan Green, head of research at Oxfam. "It is impossible to justify such vast wealth when 800 million people go to bed hungry every night. The good news is that redistribution would only have to be relatively small. Such are the vast assets of the rich that giving up a small part of their wealth could transform the lives of millions."
Madsen Pirie, director of the Adam Smith Institute, a free-market thinktank, disagreed that distribution of global wealth was unfair. He said: "The implicit assumption behind this is that there is a supply of wealth in the world and some people have too much of that supply. In fact wealth is a dynamic, it is constantly created. We should not be asking who in the past has created wealth and how can we get it off them." He said that instead the question should be how more and more people could create wealth.
Ruth Lea, director of the Centre for Policy Studies, a thinkthank set up by Margaret Thatcher, said that although she supported the goal of making poverty history she did not think increasing aid to poorer countries was the answer. "It's no use throwing lots of aid at countries that are basically dysfunctional," she said.
The UN report was issued as the Swiss magazine Bilan released a list of the richest Swiss residents. Ingvar Kamprad, the founder of Ikea, topped the list with an estimated fortune of $21bn.
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