"The current global financial and economic crisis once again confirms the fact that during economic upheavals the rich get richer and the poor become even more destitute. On Thursday, Forbes Magazine carried an updated list of the world's wealthiest people. As of late 2009, the number of billionaires soared from 793 to 1,011 and their total fortunes from $2.4 trillion to $3.6 trillion. The number of Russian billionaires almost doubled, from 32 to 62." (RIA Novosti, 12 March) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
Friday, March 19, 2010
CAPITALISM IN ACTION
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