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Kevin O'Leary: Extreme Income Inequality Is 'Fantastic'

Venture capitalist and tv personality says that report that the 85 wealthiest people on the planet have as much wealth as the bottom 3.5 billion is fantastic news.

Yes, you do have the hand it to this guy, he knows how to troll and push buttons. His co-host Amanda Lang rolled her eyes, as usual.

Video is from the Canadian broadcaster CBC, 'The Lang-O'Leary Exchange'. O'Leary also appears in the U.S. on ABC's 'Shark Tank'.

via Yahoo

There’s a rare genius to staying forever in the lights. Kevin O’Leary possesses that talent to a degree few can match. O’Leary’s latest grab for the headlines, a lurch so cynically played it pains me to provide coverage, came during a recent episode of CBC’s The Lang O’Leary Exchange, where he celebrated an Oxfam report that the world’s richest 85 people had the combined wealth of the world’s 3.5-billion most impoverished.

“This is fantastic news”, said O’Leary, “Of course, I applaud it. What could be wrong with this?”

The Oxfam report titled “Working for the Few” states half the world’s wealth falls in the hands of 1 per cent of the population. Such a wealth disparity comes along with minor trifles such as crushing poverty, massive corruption and social upheaval. Tell the people of Europe that yet further evidence of famine and destitution across Africa is “a great thing,” to quote O’Leary.

“It inspires everybody to get some motivation to look up to the 1 per cent and say I want to become one of those people, I’m going to fight hard to get up to the top,” he said.

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