Uh... am I missing something in this thread? Most of the poorest 50% of the planet are not living in first world capitalist countries, but in fake socialist economies where corruption and nepotism rule the roost. In which Western capitalist country does the average person have $118 worth of savings? Maybe we should blame the idiotic politicians in most of these countries, instead of rich people?
Also, you do realize that most of the people grouped in that top 50% have little education, because they drop out of school to work on a subsistence farm, and so have no opportunity to obtain a job they would be able to accumulate savings?
Excellent post. You are my new favorite forum dem.
That signature though... "excess profits"
Not sure what an excess profit is, much less what genius gets to decide the cutoff.