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December 5, 2006
Cara's Daily Planet, Tues., Dec. 5, 2006, 6:25 AM
Cara's Daily Planet, Tues., Dec. 5, 2006, 6:22 AM
Readers interested in preserving capital through awareness of significant events are invited to link published articles from mainstream or alternative media in this space, and discuss them as you wish.
Strong econ calendar today that can move markets. There will be lots of talk about Wage costs and productivity; Factory orders; and the ISM non-manufacturing data.
Posted by Posted by Bill Cara on December 5, 2006 06:25:52 AM | Category: The Daily Planet
Discourse
Oratier,
Simply shocking! Buffet was right when he said he won the lottery by being born in America.
Posted by: Telestar3d ![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
December 5, 2006 1:32 PM [link]
Telestar3d,
Not only in America, the research report indicates...
"Wealth is heavily concentrated in North America, Europe and high income Asia-Pacific countries. People in these countries collectively hold almost 90 percent of total world wealth,"
Mr Buffet, my favorite capitalist/philanthropist, is right on the mark with his comment!
Posted by: oratier at
December 5, 2006 1:47 PM [link]
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Richest 2 pct own more than half the world: study
HELSINKI (Reuters)
http://tinyurl.com/y3qfte
Social equity at work - for the top 2-percent!
"And it found that net assets of $2,200 per adult would put a household in the top half of the world wealth distribution"
Amazing! One has to wonder what the "net assets" is for the lower half and what they are doing to survive...
Posted by: oratier![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
December 5, 2006 12:50 PM [link]