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January 22, 2015

Wealth gap obscene

A man takes a bath at a public hand pump along a road in Karachi, Pakistan, Aug. 3

Despite the economic downturn of recent years, bank accounts of the world’s billionaires have  grown deliberately fatter as the financial canyon between rich and poor has widened. It has reached a point that by 2016 the world’s richest one per cent could own more than half the planet’s wealth.

Published in Editorial