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Saturday August 23rd 2014

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America’s 1% Vs. World — IMF’s Silent Revolution

The world’s poorest 1.3 billion people live on $1.25 dollars a day. That amounts to, at most, $460 per person a year. If you added up the income of all these people, it would total $600 billion, an amount equal to what group of the richest Americans — the top 10%, 5%, 3% or 1%? The Globalist Research Center and the World Bank’s Branko Milanovic have the answer.

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