Poor countries are catching up and getting richer faster than the rich countries are - and the accumulation of wealth by the global top 10% is actually decreasing, while the wealth of the bottom 50% is on the rise.
Poor countries are catching up and getting richer faster than the rich countries are - and the accumulation of wealth by the global top 10% is actually decreasing, while the wealth of the bottom 50% is on the rise.
Rich people in poor countries get richer. That‘s all.
I was hoping you’d be wrong so I looked into it and while that’s not the whole story, it’s not entirely wrong either.
Damn, and I thought I was bringing in good news.