@Fitzydog When youtube chooses not to associate with Alex Jones i bet you also think its right <:think_madpepe:378717098630971395>

Okay, *I* will tell you to stop, please. We were having a respectful discussion with our international friend here.

I I dont think those gaps account for the ammount people at the bottom have now compared to even 50 years ago

99.9 percent of people in the US have a refrigerator

this is a form of wealth that is not taken into account with so called "income Inequality"

@Capitán Alatriste The 'gap' isn't necessarily even a bad thing. It's *good* that the bottom don't have a good chance to reach the top, because that means the top is that much higher

If they could easily reach the top, then that would mean the difference between the two would be negligible

It's like, a person making 15k/yr, going up to $150k a year is a HUGE increase, sure.

*But your 1% only makes $150k a year?* That's shameful.

@DanConway refrigerators once a luxury are now a commodity. The income imequality refers mostly to the difference between the income the lower classes have vs the rise in prices. Not only that, but these wages are falling or not adjusting to price increase effectively making them poorer

@Capitán Alatriste You're not wrong

Not to mention of course the precarity od labour nowadays

It also happens to coincide with when we went off the gold standard.... <:think_woke:378717098681171988>

Luxuries becoming common are always a good thing for the lower class

even the poorest of people in the US can usually have a cell phone for example

@Fitzydog having a higher top isn't bad unless it's at the expense of the low, which is the case

Also wage stagnation is to be expected with a more globalized economy

@Capitán Alatriste Source?

Can you prove it's at their expense?

Hey Ignacio

@SuperNigger Hello Chuckle

Hello Galician

@Fitzydog an example that comes to mind was the wall street before the crash

Looking for other sources too. However much of the manufactoring that outsource workers and entire plants, or companies that lower wages to increase profit margins

That just goes back to a more globalized economy stagnates wages

@Capitán Alatriste I agree with you that the US economy is not doing well.

Most of this is from gov't intervention in 1913, the 30's and the 70's however

It also lowers prices

It's bandaids on top of bandaids

of certain commodities

blacks were a decent commodity

M8 what?

they've made a sharp decline in popularity but

I'm no economist but

@DanConway I have to agree with you there as well, globalisation is mostly at fault for the decline and stagnation of economies, particularly of the US

@SuperNigger Intresting take, i have to think about it.

Which is why countries with a less globalist outlook like the balkans are through the roof

Kosovo is making a big comeback

I'd say North Korea is very good too

no globalization there

:)

Bout as anti-globalist as you can get pal