Inequality for Dummies

Monday, June 12, 2017 Francisco Carneiro 0 Comments

TAGS: ECONOMICS, POLITICS

One guy makes 100 and his neighbor makes 10. difference 90

next year the world grows 10%, everybody get's a 10% raise

The rich guy now makes 110   and the poor guy makes 11. difference 99

Inequality is up ! DISASTER !!!!

how can we lower inequality?

if there is a recession the rich guy will suffer much more

That is the reason communist countries, Venezuela , France , etc.... GDP doesn't grow it shrinks.

what do you prefer?


Francisco MC
@carneirao101