Recession hit americans flock to movies, tv, sports, music, etc. A little over a month ago the US economy experienced the카니발 카지노 first decline since 2008, but this didn’t seem to bother the rest of the globe. In the past three months the world economy has increased by 12.4% (more than 30% of GDP), or $7.1trillion. At this rate inflation will be on track to hit 2% for the first time since 2007.
Inflation has risen in the US. The consumer price index (CPI) rose 0.2% in the July-November period, while the retail sector gained 0.4% as store closings fell in the sector that produces most of the consumer goods.
But it seems that the most worrisome trend for the global economy hasn’t reached America yet. The number of Americans living in extreme poverty rose from 11.9 million in 2011 to 17.6 million in 2014. The share of the global population living below the poverty line increased from 13% to 17% over the same period.
In terms of total income for the year, the bottom ten percent (the 99th percentile) now earns just $8,000 while those in the 90th percentile see their income grow by $9,000. Those in the top income percentile now own a staggering $10 trillion.
To help make sense of this massive increase in inequality and poverty, I have produced this chart.
In general, the top 10% of US households earned 40% of the income growth for the year, while the middle and bottom 90% were getting 15% of the increase.
The US economy has seen an enormous increase in inflation of $4.6trillion between 2003 and 2014. Meanwhile the world economy experienced an inflation increase of $4.7trillio퍼스트카지노n, mos호 게임tly in America.
Now read: 4 ways to make sure that Trump’s tax plan is balanced