Thread: Simply can't afford to live in NZ
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Old 04-04-2007, 10:47 PM
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Default Re: Simply can't afford to live in NZ
Quote:
But is it a case of the rich getting richer and the poor getting poorer? :-/

More here .
In the US, the top 10% hold about 70% of wealth, and the bottom half holds about 3%.

One of the interesting things about the widening gap here in the US is the way in which the top 10% is becoming divided, with the 'ultra-rich' pulling away from the 'merely affluent.' There was an article a couple of months ago, in the NY Times I believe, about how many wealthy professionals like doctors and lawyers were being pushed out of civic organizations such as museum boards or school trusteeships because they could not keep pace with the giving of the ultra-rich who were now buying their way on. Ahh ... some people's lives just suck, don't they? ::)

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