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FuzzyChicken
Supreme tranceaddict



Registered: Feb 2004
Location: Foster Farms
Confused Monies Question

If we took all of the world's wealth and redistributed it equally, within a generation (or so), would be right back where we started?


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Old Post Sep-09-2007 09:01  Madagascar
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Sunsnail
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Registered: Sep 2004
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Interesting question

Old Post Sep-09-2007 09:09 
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echosystm
super wow maker



Registered: Jul 2004
Location:

no?

indians/africans have literally nothing and there is 10x as many of them as there are us. i don't think i understand the question.

Old Post Sep-09-2007 09:11  Australia
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trewqy
^5



Registered: Oct 2003
Location: BangCOCK

r

Old Post Sep-09-2007 09:16  Thailand
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Sunsnail
Global Moderator



Registered: Sep 2004
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quote:
Originally posted by trewqy
r


no way in hell that's a repost

Old Post Sep-09-2007 09:18 
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eRRaTiK
g0t milk?



Registered: Nov 2002
Location: Toronto, Canada
Re: Monies Question

quote:
Originally posted by FuzzyChicken
If we took all of the world's wealth and redistributed it equally, within a generation (or so), would be right back where we started?


if the money was distributed without education then yes, we'd fall right back into the same routine. governments, societies and the people within those societies must change in order for the re-distribution to be worthwhile and sustainable.

give a million dollars to a person that doesn't know how to use it wisely then sure enough they will blow the cash and return to who they were before the money.


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Old Post Sep-09-2007 09:24  Australia
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Trance Nutter
........... I got nothing



Registered: Aug 2002
Location: Adelaide, Australia
Re: Monies Question

quote:
Originally posted by FuzzyChicken
If we took all of the world's wealth and redistributed it equally, within a generation (or so), would be right back where we started?


yes.

Many African countries have massive problems with corruption, so money will end up with a select few in those affected areas, so yes it will just return to normal.


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Old Post Sep-09-2007 09:25  Australia
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d_bag
Junior tranceaddict



Registered: Feb 2007
Location: Brisbane, Australia
Re: Re: Monies Question

quote:
Originally posted by eRRaTiK

give a million dollars to a person that doesn't know how to use it wisely then sure enough they will blow the cash and return to who they were before the money.


yea true just look at people who win lotto

Old Post Sep-09-2007 10:21  Australia
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exstasie
Hack Attack



Registered: Jun 2006
Location: Toronto/Sauga, Canada

..isn't it something like 20% of the world population owns over 90% of the world wealth?

Old Post Sep-09-2007 13:14  Canada
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eRRaTiK
g0t milk?



Registered: Nov 2002
Location: Toronto, Canada

quote:
Originally posted by exstasie
..isn't it something like 20% of the world population owns over 90% of the world wealth?


I've heard it's 80% of wealth concentrated in 5% of population but couldn't locate a reliable source online.

Did find this though... the richest 2% of adults in the world own more than half of global household wealth. Refer here.


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Old Post Sep-09-2007 13:44  Australia
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Subey
Her Soul Mate



Registered: Nov 2003
Location: The corner where 'l' resolves into '<'
Re: Monies Question

quote:
Originally posted by FuzzyChicken
If we took all of the world's wealth and redistributed it equally, within a generation (or so), would be right back where we started?


If we pattern match human behaviour into its simplest analogy then we look like this:

Two people are standing next to a fire. One guy is pouring 1.0 units of water on the fire, the other is pouring .85 units of gasoline on the fire. This is the fundamental ratio in the tug of war between Utopia and Dystopia in the human race.


Now pass me that bag of marshmallows damnit!


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Old Post Sep-09-2007 14:28 
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Al
Supreme tranceaddict



Registered: Jan 2006
Location: OAK Vegaaasss

quote:
Originally posted by eRRaTiK
Refer here.


thanks for posting.

Interesting read.


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Old Post Sep-09-2007 15:55 
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