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Topic: [ASK] why is the year getting rich getting richer? (Read 517 times)

member
Activity: 322
Merit: 10
I think the presence of crypto now will turn the wheel of poverty. The rich may experience poverty when they experience losses in crypto they have. I was shocked when the market always sided with people who had a lot of capital. Life is not exciting if there is no significant economic turnover  Cheesy
I think differently. People with high capital are not counted. Start-up entrepreneurs do not have any money. But thanks to their dynamic and enthusiastic job of making money and investing. They are sensitive in every case and generate income even in the most difficult times.
member
Activity: 476
Merit: 12
There is nothing you can do about the situation, before anyone can grow from no good capital in any business to a higher level it will take years while someone with good capital will need little time and a little push.  To get rich as a poor person needs self determination and extraordinary effort.
hero member
Activity: 1092
Merit: 501
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

I think the thing that need to be changed is our mindset.
Yes, mostly the rich guys comes from rich family. But, we can see Alibaba or other inspired peoples, there are a great effort from them to reached their success.
keep holding yours and continue the effort.
Exactly, it's just a mindset difference, nothing else. Rich people look for opportunities and take risks many times, poor people look for excuses and in th end stay in the same place.
Rich people always invest money but the poor people get more than this we can see the power of bitcoin now is higher, investment is being more than double so people are getting free bitcoin Knowles and skills, joining bounty and signature campaign is one of the best source of income for those who has money and want to invest it, this time I am sure price of bitcoin will get more than double. Not only for rich but for poor bitcoin will bring a lot of profit.
member
Activity: 182
Merit: 16
We need to fight corruption and bribes. It is necessary to provide high-quality education and medecina. Insurance should also be obligatory. Then, when there will be no corruption and all people will be accused - then poverty will disappear like me. And rich people will remain in the future. After all, they enriched themselves with their heads and not anything else.
hero member
Activity: 1120
Merit: 554
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?
Not all rich people keeps getting richer and not all the poor people keeps on getting poor, some of them do succeed out of poverty. Some people are just so dumb, poverty has blocked their mind and made them to be just useless to the extent that they can’t even think of what to do to help themselves out in life. They keep on making mistakes and these mistakes they are making are what makes the rich to even get more richer.

A lot of poor people are intelligent but they lack the capital to become rich.  Money makes money a lot faster than working for an hourly wage.  There is a lot of luck involved and you would have to be foolish to deny this.

The rich keep getting richer because the majority of new wealth created goes straight to the top.  Wages have been stagnant while inflation keeps devaluing currency and housing prices keep rising.
newbie
Activity: 72
Merit: 0
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

I think the thing that need to be changed is our mindset.
Yes, mostly the rich guys comes from rich family. But, we can see Alibaba or other inspired peoples, there are a great effort from them to reached their success.
keep holding yours and continue the effort.
Exactly, it's just a mindset difference, nothing else. Rich people look for opportunities and take risks many times, poor people look for excuses and in th end stay in the same place.
sr. member
Activity: 406
Merit: 251
I think the presence of crypto now will turn the wheel of poverty. The rich may experience poverty when they experience losses in crypto they have. I was shocked when the market always sided with people who had a lot of capital. Life is not exciting if there is no significant economic turnover  Cheesy
newbie
Activity: 57
Merit: 0
I don't think so about it,if yo have a chance and gets the opportunity believe thats what you are doing is notthing imposible
newbie
Activity: 43
Merit: 0
Yes!This happens because the people have monet to invest in different businesses aside from that they also use their money wisely.Unfortunately people get richer because of greed.
full member
Activity: 566
Merit: 102
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?
Not all rich people keeps getting richer and not all the poor people keeps on getting poor, some of them do succeed out of poverty. Some people are just so dumb, poverty has blocked their mind and made them to be just useless to the extent that they can’t even think of what to do to help themselves out in life. They keep on making mistakes and these mistakes they are making are what makes the rich to even get more richer.
hero member
Activity: 998
Merit: 504
Perhaps this is due to the stereotype, and to the thinking of people who just do not really want to get rich!
Lol, some people are just so stupid, that’s their main problem. They don’t even do the right thing at the right time and they can’t even sit down and think. And one of the mistakes some of us, for example in Bitcoin we are fond of creating an opportunity for the rich dudes, we sell out Bitcoin and create chance for them to buy and then we stupidly get in put money and boost the price further and once they see the price is up, due to they are smart, they will immediately withdraw and those stupid poor people who don’t even have target will end up losing their money.
hero member
Activity: 1190
Merit: 534
I don't see any technical reason behind this increasing gap between poor and rich people, but theoretically, there is a fundamental difference between the ideologies of the people belonging to these two classes. There is a lack of knowledge when it comes to the poor class and hence, they are not able to employ the money that they earn. On the other hand, the basic principle of the rich people is to employ the maximum amount of money and letting it work for them.
member
Activity: 106
Merit: 10
This is global worldwide low, we can reject and hate that but it is working all the round just like that, so we need blockchain and bitcoin and other cryptocurrencies in order to get some things evenly.
jr. member
Activity: 350
Merit: 1
Perhaps this is due to the stereotype, and to the thinking of people who just do not really want to get rich!
member
Activity: 392
Merit: 10
Increasing the income tax would be a good step and the next move is to stop corrupted government officials for plundering the money of the citizens. The amount that is tax for rich politicians and citizens would be categorize depending how much is their networth per year and that enables law enforcement to look at their financial accounts and question how did they get that money.
Each period has its own variations, and those who know how to apply it will succeed. Those who wait and refuse to study will not have good results. That is the wealth and success of individual consciousness.
full member
Activity: 420
Merit: 102
Totally agree. If you are rich and have the capital then by all means you can make more money out of your money. People are enslave works harder paid measly, but the capitalist enrich themselves. That's the sad state on most developing or 3rd world country. And the another sad part is that any form of government, capitalism exist, so its really a big problem for those who are born poor unless they make themselves rich by working outside of their country.

Rich becomes richer because they know how to make money work for them and besides that they have more capital that's why their investments has more profits too. The poor gets poorer because some just want to give up and it is already in their mindset that they are born poor so most likely they will die poor so they do not want to struggle that much and find ways to improve their way of living.

As for working in another country, yes you can get rich going abroad because you are earning higher but you can stay in your country too and then find ways to increase your income. You will eventually be able to improve your lifestyle if you work hard and then work smartly. All you need is motivation, positive thinking and information.
I kind of agree with you guy. Almost all people who are rich, getting richer mostly because first up they have available foundation to start up or take a suitable job. Besides, their mindset is built as clearly and positively that definitely no matter how difficulty they must face with, how many mistakes they have to get, it’s not a big thing, the most important is they know everyday is a good chance to do better. To say frankly, it’s not really rich become richer and poor become poorer, but the one who really want theirself to be more successful, he will try and never give up in such any tough situation. If you are a person who has goals to get success so that day by day you learn to get richerm, so though he stays inside or outside his countries, he both has his change in here and there.
sr. member
Activity: 714
Merit: 260
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?
You know whats missing?its knowledge and dedication this is the character people must have to be competent in every matters by then we can compete fairly to everyone

Rich people mostly keeping learning thats why they continue to progress,while poor stays on their level and accept the realitybout life thats why they become more poorer
newbie
Activity: 17
Merit: 0
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

IMHO

Try to imagine two snowballs falling down a hill but they take the same path, the big snowball in front of the little one makes it quite hard to obtain more mass, don`t follow that one take your own path.

Trinkle down economics just leads to everyone scamming, it makes the little guys serve the big guys garbage because they need to make it by. People do things for money rather then true Value.
It is quite like the game JENGA (which always falls in the end)

Trinkle up economics the top still see the wealth in the end and the more people spend the better, but the bottom of the tower has not been effected.

I express my opinion if you want to hear it on another forum look at my old post you will find it if you wants.
sr. member
Activity: 1400
Merit: 269
Increasing the income tax would be a good step and the next move is to stop corrupted government officials for plundering the money of the citizens. The amount that is tax for rich politicians and citizens would be categorize depending how much is their networth per year and that enables law enforcement to look at their financial accounts and question how did they get that money.
jr. member
Activity: 112
Merit: 1
I do not know what you mean are you trying to say .Did you mean that why is the rich getting richer and the poor getting poorer?Well to react to this,I think that everything is the state of the mind of the individual. To be rich starts in the mind and to be poor is also in the mind.
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