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Even the Wall Street Occupiers are the 1% by Global Standards
According to HBR’s Daily Stat:
Many of the occupiers who have been decrying the wealth of the “1%” probably are the 1% if you look at it in a global context.
Because the developing world is so poor in comparison with the U.S., the cutoff for the global 1% is an income of about $34,000.
Reference: Foreign Policy
Thanks to Tags for feeding the lead