All The World’s Wealth In One Visualization

Via ZeroHedge

The financial concept of wealth is broad, and it can take many forms.

While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, Visual Capitalist’s Jeff Desjardins notes that wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall.

From the macro perspective of a country, wealth is even more all-encompassing — it’s not just about the assets held by private households or businesses, but also those owned by the public. What is the value of a new toll bridge, or an aging nuclear power plant?

Today’s visualization comes to us from HowMuch.net, and it shows all of the world’s wealth in one place, sorted by country.

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DERANGED CENTRAL BANKERS BLOWING UP THE WORLD

It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and the central bankers who created the debt out of thin air. McKinsey produced a report last year showing the world had added $57 trillion of debt between 2008 and the 2nd quarter of 2014, with global debt to GDP reaching 286%.

The global economy has only deteriorated since mid-2014, with politicians and central bankers accelerating the issuance of debt. These deranged psychopaths have added in excess of $70 trillion of debt in the last eight years, a 50% increase. With $142 trillion of global debt enough to collapse the global economy in 2008, only a lunatic would implement a “solution” that increased global debt to $212 trillion over the next seven years thinking that would solve a problem created by too much debt.

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GLOBAL PYRAMID OF WEALTH

Is the fact that .25% of the people in the world control the majority of the wealth in the world a problem? If it is a problem, how would it be rectified?

According to a report by Knight Frank, there are 172,850 ultra-high net worth individuals across the world, along with 1,822 billionaires, 38,280 centa-millionaires and 17,808,831 millionaires. For more information on the depressing reality of worldwide wealth distribution, refer to Statista’s latest feature in the Independent.

Infographic: The global pyramid of wealth | Statista

You will find more statistics at Statista