European Union: To levy 10% on world's 1426 Billionaires instead of the ordinary people of Cyprus.
This petition had 220 supporters
Για να επιβάλει 10% σε 1426 λογαριασμούς ταμιευτηρίου κόσμο Δισεκατομμυριούχοι αντί των απλών ανθρώπων της Κύπρος.
10 billion Euros are now holding Cyprus at gun-point. Banks in Cyprus have now been closed for 10 days and cash machines have dwindling supplies.The world's 1426 billionaires’ total wealth is estimated to be 5.4 trillion or 5.4.000.000.000.000.-dollars. Now a 10 % levy on that would not make one iota of significant difference to the well-being of those billionaires. They would still be able to support a decent meal, good wine and plenty of golf. Ten % of 5.4 trillion is a modest 540000.000.000. dollars. ( Fifty four thousand billion) In fact, a 10% levy on the world’s billionaires would probably save Spain, Greece, Italy and Cyprus together from bankruptcies.
Now, would it not make a lot of sense to urge The World Bank to consider that option rather than impose poverty on hundreds of millions of real people against the 1426 Billionaires whose lives would hardly be changed.?
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