Tuesday 25 September 2012

Recession-proof rich. The world's population is 7 billion plus. The United States' population is 310 million, about 4.4 percent of the world's population. From Forbes magazine, there are 1,210 billionaires in the world. Of those 352 are in the United



The world’s population is 7 billion plus. The United States’ population is 310 million, about 4.4 percent of the world’s population

From Forbes magazine, there are 1,210 billionaires in the world. Of those 352 are in the United States, or about 29 percent of the total billionaires. If we had the same proportion of billionaires as we have population, we would have 53 billionaires.

The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared with 7.8 million the prior year.

The number of “ultra-high net worth” households, with a net worth of at least $5 million, jumped 8 percent in 2010 to 1.06 million, compared with 980,000 the prior year. The broader affluent population, meaning households with a net worth of $500,000 or more, also grew in 2010. This population rose by 6 percent to 13.5 million in 2010, compared with 12.7 million the year before.

Households worth at least $100,000 also grew last year, to 36.2 million from 34.6 million.

Where is the recession? Is it affecting only the working and retired population?



Recession Hits Brand Loyalty
Washington Post (blog)
Shuttered lease programs during the recession played a big part in the drop, but those programs are at least on the mend . The threat of losing customers comes with the opportunity to gain new ones — "conquests," the auto industry calls them. Ford ...
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Recession warnings as German business confidence declines
The News International
BERLIN: Germany is heading for recession, economists warned on Monday as the Eurozone crisis pushed down business confidence in the country, Europe's top economy, to the lowest level since February 2010. The Ifo institute said its closely watched ...
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Study: Recession punishes West Virginia workers
World Socialist Web Site
The recession wiped out 21,300 jobs in West Virginia, of which 18,000 of which have been recouped during the so-called economic “recovery” since 2010. However, due to population growth over this period some 27,000 new jobs would still need to be ...
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US State, Local Jobs Won't Return To Pre-Recession Peak Until 2017: Report
Huffington Post
Sept 24 (Reuters) - U.S. state and local government employment won't return to its pre-recession peak until early 2017, following widespread public sector layoffs that have continued this year, global information company IHS Global Insight said in a ...
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According to Dividends: US Entering Recession
Town Hall
Last month, we stumbled across a unique potential indicator for measuring the current health of the U.S. economy: the number of publicly-traded U.S. companies acting to cut their dividend payments each month. Since then, we now have data for two ...
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Texas economy approaching pre-recession levels
Bizjournals.com
Texas' economy activity ticked up slightly in July to an index level to 99.0, according to the Comerica Bank's Texas Economic Activity Index. The index is baselined to 2008, indicating that a reading of 100.0 points means that the Texas economy is ...
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Letter | Recession-proof rich
Kansas City Star
Recession-proof rich. The world's population is 7 billion plus. The United States' population is 310 million, about 4.4 percent of the world's population. From Forbes magazine, there are 1,210 billionaires in the world. Of those 352 are in the United ...
See all stories on this topic »
Мacedonia to take measures against recession
Southeast European Times
Macedonia's government announced efforts to stimulate economic growth after it became the last Balkan country to enter a recession, following a 1.4 percent decrease in GDP in the first quarter of this year and 0.9 percent in the second. Prime Minister ...
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The Week Ahead on Wall Street: Fed's latest stimulus plan aims to get you back ...
OregonLive.com
On Tuesday, FedEx, considered a bellwether because its shipping operations span the globe, said that trading volumes had slowed to recession levels. On Thursday, railroad giant Norfolk Southern dropped 9 percent after reporting a steep fall in shipments.
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