Quote:
Originally Posted by RummyBoy
Well the cute little website thinks you only need $1.4m to be in the top half percent in the world.....
That's very true. People just can't comprehend the scope of poverty in a country like India where the wealthy class is less than 50 million people or less than 4% of the country. Middle class is maybe 200 million people.
That leaves over a billion people who are poor or on the poverty line.... these people have ZERO education and absolutely no hope.
Burger Flippers in U.S. Make About as Much as State Bank Chiefs in India - Bloomberg |
...but are we not comprehending their "poverty" or our "wealth"? Is it not the case that residents of all those countries had standard of living even lower in the past? Perhaps their standard of living is normal, and we are the ones that are ridiculously wealthy?