Global Inequality Explained In Three Numbers

Just how bad is global wealth inequality? These are the most shocking findings from Oxfam's annual report.

Transcript

00:30We show how a few billionaires have been increasing their wealth by $2.5 billion every day last

00:51year with 262 million children who are out of school.

00:59And 100 million people who are driven into poverty every year because they cannot afford

01:06health care costs.

01:29How does it happen that the top 1% owns almost as much wealth as the bottom 90%?

01:50And my conclusion is that that type of economics is not only immoral, it's not only wrong,

01:56it is unsustainable.

01:58It can't continue.