{"id":971,"date":"2014-11-01T18:07:11","date_gmt":"2014-11-01T22:07:11","guid":{"rendered":"http:\/\/olduvai.ca\/?p=971"},"modified":"2014-11-01T18:07:11","modified_gmt":"2014-11-01T22:07:11","slug":"child-poverty-jumps-by-2-6-million-in-developed-world-since-2008-while-number-of-global-billionaires-doubles-liberty-blitzkrieg","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=971","title":{"rendered":"Child Poverty Jumps by 2.6 Million in Developed World Since 2008, While Number of Global Billionaires Doubles | Liberty Blitzkrieg"},"content":{"rendered":"

Child Poverty Jumps by 2.6 Million in Developed World Since 2008, While Number of Global Billionaires Doubles | Liberty Blitzkrieg<\/a>.<\/p>\n

Two headlines came across my screen today, which taken together pretty much sum up the effects of policy decisions made by Central Bankers and politicians since the financial crisis. The financial oligarchs got bailed out, and the rich got richer due to decisions made by \u201cleaders\u201d around the globe. As such, the entire planet has now been transformed into a neo-feudal tinderbox. Myself and countless others warned all the way back to 2008 that this is what would happen, and here\u00a0you have it.<\/p>\n

Let\u2019s first examine the results from Oxfam\u2019s report on the billionaire growth spurt. I hope all\u00a01,645 of you have sent thank you notes to the\u00a0patron saint of oligarchy: Ben Bernanke.\u00a0From\u00a0NBC<\/em><\/a>:<\/p>\n

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The super-rich club has become less exclusive, with the amount of billionaires doubling since the financial crisis, according to a report from global charity Oxfam. There were 1,645 billionaires globally as of March 2014, according to Forbes data cited in the Oxfam report, up from 793 in March 2009.<\/em><\/p>\n

The report \u2018Even it Up: Time to End Extreme Inequality\u2019 noted that the world\u2019s richest 85 people saw their wealth jump by a further $668 million per day collectively between 2013 and 2014, which equates to half a million dollars a minute.\u00a0<\/em><\/strong><\/p>\n<\/blockquote>\n<\/div>\n

<\/span>Unsurprisingly, this reverse Robin Hood policy of Central Banks and governments the world over has also resulted in increased poverty. Rob from the middle class and give to the oligarchs. Here\u2019s what you get\u2026<\/span><\/p>\n

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…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Child Poverty Jumps by 2.6 Million in Developed World Since 2008, While Number of Global Billionaires Doubles | Liberty Blitzkrieg. Two headlines came across my screen today, which taken together pretty much sum up the effects of policy decisions made by Central Bankers and politicians since the financial crisis. The financial oligarchs got bailed out, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[124,382,559,642,762],"class_list":["post-971","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-central-banks","tag-governments","tag-neo-feudalism","tag-poverty","tag-super-rich"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=971"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/971\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}