Sigh. Goodbye again warm days, it was nice seeing you. I was hoping this cool weather was just a glitch but I guess it really is here to stay.
Clint I do believe you are correct. Yesterday I found myself chopping giant maiden grass. It must be spring!
Me adding additional market data licenses for concurrent backtesting
Spring is here but so is pollen!
One of the things that is very difficult to reconcile - if you were to google ‘the largest democracy in the world’ and then go visit you would encounter the Km gap.
One of the world’s fastest growing economies yet the riches go to an elite few.
Inequality has been rising sharply for the last three decades. The richest have cornered a huge part of the wealth created through crony capitalism and inheritance.
They are getting richer at a much faster pace while the poor are still struggling to earn a minimum wage and access quality education and healthcare services, which continue to suffer from chronic under-investment.
These widening gaps and rising inequalities affect women and children the most.
(quote from Oxfam)
Isn’t this the case everywhere though? Sucks to be born poor.
I’m not so sure - it’s the inequality that I’m thinking about and is especially highlighted in Clint’s photo post.
A rich person would say that I was born poor because i was born in a small stone house that had a thatch roof and no electricity - yet there were no rich high rises neighbouring so I just felt normal growing up - and as the economy grew then so did all our neighbours and the houses became bigger.
The Oxfam quote highlights a system that can be difficult to comprehend and if it happens that a person is caste into a poor bracket then it is difficult to break out regardless of the economy.
I agree. It’s like everything is just working against you if you’re born poor. How does it get solved? How do we prevent the rich from getting richer and the poor getting poorer? Can that even be answered?