Could you survive on just $2.50 a day?
According to Compassion International, approximately half of the population of the entire planet
currently lives on $2.50 a day or less.
Meanwhile, those hoarding wealth at the very top of the global pyramid are rapidly becoming
a lot wealthier.
Don't get me wrong – I am a very big believer in working hard and contributing something
of value to society, and those that work the hardest and contribute the most should be
able to reap the rewards.
In this article I am in no way, shape or form criticizing true capitalism, because if true
capitalism were actually being practiced all over the planet we would have far, far less
poverty today.
Instead, our planet is dominated by a heavily socialized debt-based central banking system
that systematically transfers wealth from hard working ordinary citizens to the global
elite.
Those at the very top of the pyramid know that they are impoverishing everyone else,
and they very much intend to keep it that way.
Let's start with some of the hard numbers.
According to Zero Hedge, Credit Suisse had just released their yearly report on global
wealth, and it shows that 45.6 percent of all the wealth in the world is controlled
by just 0.7 percent of the people…
As Credit Suisse tantalizingly shows year after year, the number of people who control
just shy of a majority of global net worth, or 45.6% of the roughly $255 trillion in household
wealth, is declining progressively relative to the total population of the world, and
in 2016 the number of people who are worth more than $1 million was just 33 million,
roughly 0.7% of the world's population of adults.
On the other end of the pyramid, some 3.5 billion adults had a net worth of less than
$10,000, accounting for just about $6 trillion in household wealth.
And since this is a yearly report, we can go back and see how things have changed over
time.
When Zero Hedge did this, it was discovered that the wealth of those at the very top "has
nearly doubled" over the past six years, and meanwhile the poor have gotten even poorer…
Incidentally, we tracked down the first Credit Suisse report we found in this series from
2010, where the total wealth of the top "layer" in the pyramid was a modest $69.2 trillion
for the world's millionaires.
It has nearly doubled in the 6 years since then.
Meanwhile, the world's poorest have gotten, you got it, poorer, as those adults who were
worth less than $10,000 in 2010 had a combined net worth of $8.2 trillion, a number which
has since declined to $6.1 trillion in 2016 despite a half a billion increase in the sample
size.
If these trends continue at this pace, it won't be too long before the global elite
have virtually all of the wealth and the rest of us have virtually nothing.
Perhaps you are fortunate enough to still have a good job, and you live in a large home
and you will sleep in a warm bed tonight.
Well, you should consider yourself to be very blessed, because that is definitely not the
case for most of the rest of the world.
The following 11 facts about global poverty come from dosomething.com, and I want you
to really let these numbers sink in for a moment…
1.
Nearly 1/2 of the world's population — more than 3 billion people — live on less than
$2.50 a day.
More than 1.3 billion live in extreme poverty — less than $1.25 a day.
2.
1 billion children worldwide are living in poverty.
According to UNICEF, 22,000 children die each day due to poverty.
3.
805 million people worldwide do not have enough food to eat.
Food banks are especially important in providing food for people that can't afford it themselves.
Run a food drive outside your local grocery store so people in your community have enough
to eat.
Sign up for Supermarket Stakeout.
4.
More than 750 million people lack adequate access to clean drinking water.
Diarrhea caused by inadequate drinking water, sanitation, and hand hygiene kills an estimated
842,000 people every year globally, or approximately 2,300 people per day.
5.
In 2011, 165 million children under the age 5 were stunted (reduced rate of growth and
development) due to chronic malnutrition.
6.
Preventable diseases like diarrhea and pneumonia take the lives of 2 million children a year
who are too poor to afford proper treatment.
7.
As of 2013, 21.8 million children under 1 year of age worldwide had not received the
three recommended doses of vaccine against diphtheria, tetanus and pertussis.
8.
1/4 of all humans live without electricity — approximately 1.6 billion people.
9.
80% of the world population lives on less than $10 a day.
10.
Oxfam estimates that it would take $60 billion annually to end extreme global poverty–that's
less than 1/4 the income of the top 100 richest billionaires.
11.
The World Food Programme says, "The poor are hungry and their hunger traps them in
poverty."
Hunger is the number one cause of death in the world, killing more than HIV/AIDS, malaria,
and tuberculosis combined.
So how did we get here?
Debt is the primary mechanism that takes wealth from ordinary people like you and me and puts
it into the hands of the global elite.
In my recent article entitled "Why Donald Trump Must Shut Down The Federal Reserve And
Start Issuing Debt-Free Money", I discussed how the Federal Reserve was designed to entrap
the U.S. government in an endless debt spiral from which it could never possibly escape.
And that is precisely what has happened, as the U.S. national debt has gotten more than
5000 times larger since the Federal Reserve was created in 1913.
In that very same year, the federal income tax was instituted, and that is a key part
of the program for the global elite.
You see, the income tax is how wealth is transferred from us to the government.
And then a continuously growing national debt is how that wealth is transferred from the
government to the elite.
It is a very complicated system, but at the end of the day it is all about taking money
from us and getting it into their pockets.
And at this point more than 99.9 percent of the population of the world lives in a country
with a central bank, and almost every nation on the planet has some form of income tax.
It is a global system that is designed to create as much debt as possible, and I recently
shared with my readers that the total amount of debt in the world has hit a staggering
all-time record high of 152 trillion dollars.
Interestingly, the Bible actually foretells of a time when rich men would hoard wealth
in the last days.
The following are the first five verses of the Book of James in the Modern English Version…
Come now, you rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted and your garments are moth-eaten.
3 Your gold and silver are corroded, and their corrosion will be a witness against you and
will eat your flesh like fire.
You have stored up treasures for the last days.
4 Indeed the wages that you kept back by fraud from the laborers who harvested your fields
are crying, and the cries of those who harvested have entered into the ears of the Lord of
Hosts.
5 You have lived in pleasure on the earth and have been wayward.
You have nourished your hearts as in a day of slaughter.
So much of the time we focus on the other great sins that we see all around us, but
the truth is that one of the greatest sins of all in our world today is the sin of greed.
The borrower is the servant of the lender, and the global elite have used various forms
of debt to turn the rest of the planet into their debt slaves.
As debt levels race higher and higher all over the planet, the elite are using the magic
of compound interest to grab a bigger and bigger share of the pie.
Given enough time, those at the very top would have virtually everything and the rest of
us would have virtually nothing.
The middle class is shrinking all over the globe, and the gap between the wealthy and
the poor continues to grow at an astounding pace.
But the vast majority of people out there have no idea how money, debt, taxes and central
banks really work, and so they have no idea that this is purposely being done to them.
So please share this article with as many people as you can.
The truth is that we don't have to have this much global poverty, and if we correctly
identify the root causes of this poverty we can start working on some real solutions.
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