Date: Thu, 24 Sep 2009 01:11:27 -0700 (PDT)
Local: Thurs, Sep 24 2009 4:11 pm
Subject: Re: Singapore has most US$billionaire per population
On Sep 24, 12:20 am, "truth" wrote:
> If u take the population of Singapore of 4.3 billion and
> divide by the number of US$billionaires in singapore of
> 8 and do the same with the rest of the world, u will
> find that Singapore has the lowest population supporting
> one US$billionaire.
> This is another clear indication of the screwed up policies
> of the papist leegime which favours the rich and well
> connected while penalising the poor. The low tax regime
> also and no inheritance tax also help these people accumulate
> so much money.
> HK is next with a population of 10 million and 14 billionaires.
> America is third with a population of 303 million and 269
> billionaires.
The Gini co-eeficient has become more and more unfavourable, this is
not surprising at all. Even our fucked up neighbours like Indonesia
has better Gini co-efficient.
The divide between the rich and poor is more interesting. How do the poorest compare with the richest?
ReplyDeleteIn places like the US and perhaps even Indonesia- an apt comparison because the populations of the two countries are comparable the divide is even greater.
Hong Kong, once known as the most capitalistic country in the world, might be doing a bit better since it was handed over to the PRC-- which Party can be expected to hand out more social welfare to the poor and needy.
ReplyDeleteThat's right, you gotta take back what the Red Guard took.