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Which country has the most billionaires? According to a wealth expert's report (The Hurun Report)...China.
More than 700 billionaires have been created worldwide-including US, China, etc- in just the last five years. https://www.reuters.com/article/us-china-economy-wealth/new-chinese-billionaires-outpace-u-s-by-3-to-1-hurun-idUSKCN20K0YB
More than 700 billionaires have been created worldwide-including US, China, etc- in just the last five years. https://www.reuters.com/article/us-china-economy-wealth/new-chinese-billionaires-outpace-u-s-by-3-to-1-hurun-idUSKCN20K0YB
In the 70s, 88% of China's population lived in extreme poverty. As US-China relations improved, they introduced more capitalism. By 1996, that % was halved. Once we gave them normal trade relations, walked them into the WTO & they embraced more capitalism, extreme poverty is < 1%
When US politicians and their flunkies say stupid crap like "nobody should be a billionaire", ask them how they plan to police the other billionaires in the world + if they are concerned about a "balance of power", why are they going to give all the "power" to foreign interests?
