this post was submitted on 23 Aug 2024
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Housing Bubble 2: Return of the Ugly
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Just because it doesn't mean what you think they're saying doesn't mean it means nothing.
That disparity is not a benign thing, even with a more robust "middle class".
The disparity is not why poor people are poor--it's a boogeyman.
The correlation between the number of billionaires globally and the prevalence of poverty globally is literally negative.