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NomNom@feddit.ukBanned to World News@lemmy.worldEnglish · 2 days ago

‘Unbelievably unequal’: report shows how 1% of Mexicans own 40% of country’s wealth

www.theguardian.com

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‘Unbelievably unequal’: report shows how 1% of Mexicans own 40% of country’s wealth

www.theguardian.com

NomNom@feddit.ukBanned to World News@lemmy.worldEnglish · 2 days ago
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Fortunes of the country’s 22 billionaires doubled in last five years, reaching unprecedented collective wealth of $219bn
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  • melsaskca@lemmy.ca
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    The standard that exists everywhere is surprising because it’s Mexico?

  • Prove_your_argument@piefed.social
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    This is similar to most places right?

    The 1% piggies want more while the starving ~60% of working class and below struggle with the mandatory minimum. Typical ownership controlled dynamic.

    • dogslayeggs@lemmy.world
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      For reference: the 1% in the US owns 31.7%. Not as bad as Mexico, but still pretty terrible.

      • hector@lemmy.today
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        That cannot be right. the top .001 percent own more wealth than the rest of the country, on paper, I bet. I dispute any numbers that state otherwise. While property values may throw it outside the 1%, income producing assets should be weighted, and the rich control those.

        • MinnesotaGoddam@lemmy.world
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          so like, this is a few years out of date, but the our dog egg slayer friend’s numbers aren’t that far off. (it shows 42% ownership by the top 1% in Statesia 2012, which was right after lehman brothers iirc), I can vouch for itep as a reputable source.

  • themaninblack@lemmy.world
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    https://worldpopulationreview.com/country-rankings/gini-coefficient-by-country

  • FaygoRedPop@lemmy.world
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    No bueno

    • hector@lemmy.today
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      Los puntos chingarlos.

  • ClownStatue@piefed.social
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    Rookie numbers, Mexico! Get it together!

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