Today I bring you a curiosity infograph rather than a useful one, doesn't mean however it's not worth looking into! So it's basically the distribution of wealth at a global scale and who in the world actually holds it and where.

For the grand majority of the common folk this is more rage inducing than anything I mean, looking at these numbers and seeing how it seems to concentrate on just a handful of companies can be outrageous. Firstly there's the most evident thing to be noticed which is that most of the money seems to be held by United States companies the big ones everyone knows and hears about adding to that the fact that from 300 billionaires about a third are from that same country just tells us that well, the US are doing great I suppose. It's interesting to note that from those 300, only 110 became billionaires by inheritance, seems like the other guys are working for their money. But then as it can be seen only 29 of them are women, which can mean 2 things either they're just picking up pace because for many years working rights for both weren't exactly the same, or that they still struggle a lot.

Worth mentioning that most of these companies are IT and technologies related meaning we really are in a technological era of growth, everyone get on the bandwagon!

As a follow up from the previous post it seemed only logical to InfoTip you with a very related subject. So where did all the money? The infographic is pretty accurate and rich on that information but let's take a go at it for a shorter explanation.

It basically starts with the banks themselves, back before the housing market crash, credit was indeed easy to obtain, really easy. People needed credit to get their dream house and banks lent it with the usual interest. Well the problem with how things were going is that they started "betting" on loans, which would be successful and be paid and which would fail basically, the riskier the better and so loans were given to people that didn't met the requirements to have one. This went on for quite a while a huge bubble, everyone is buying homes and so due to various reasons but mainly supply and demand rules, the house prices dropped, a real vertigo fall. What follows is the crash of the entire system built around the loans and houses banks where giving to people. This whole situation made major lenders stop lending due to panic and fear to never get their money back plunging the global economy, which is heavily established on lending and and debt, into the current downturn we're living many banckrupcies, unemployment and stock selloffs all because of the lack of credit and the very strict rules now active to control it.

It's a very informative graph and accessible and it gives the general idea of the why's of the situation we're in as well as explaining a bit of the value of money which is quite interesting to know about since every day we're presented with news about money printing by the FED or the European Central Bank and many people don't know or don't realize where exactly does it come from.

Well, it might be a bit too much to start off with such a theme: debt, but it's a current one and a bit scary if you look at it. It's surprising that the average American ends up in such conditions in such a short amount of time. Taken that they're not all obligatory expenditures, it's still frightening that this is a reality for so many. It's fine if the income is superior to what's spent but being in debt so early as age 20? Kinda like being enslaved right at the start of your adult life!

It would be great if it ended right there, you ask for a loan towards your studies and you pay it when you get your 1st real job, but what really is scary is that it only gets worse and worse, adding up with car, taxes, marriage(although this one can be adverted of course) and to top it all off house mortgage.

The graph speaks for itself but it makes me wonder on how does the average American still survives in the middle of all this and how can it be that it's allowed. It seems, by a quick look at things that this system is almost conceived so that you can't get rid of it easily and just keep paying up.