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by thepangolino 2326 days ago
Income inequality is a very flower metric to mesure wealth variations.

Imagine country A, awesome with very little income inequality. Half it’s citizens earn 9k a year and the other half 10k a year.

Now country B, is very bad. 90% make 50k a year and the other 10% make 500k. That’s terrible, isn’t it? I wouldn’t want to live in country B.

1 comments

The bottom 50% of US citizens have -0.2 trillion in wealth. That's right, they are in debt.

Never in the history of the world have the poor had less than nothing.