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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: brian h who wrote (4686)3/6/2006 5:46:44 AM
From: TobagoJack  Read Replies (5) of 217636
 
Hello brian_h, a few days ago you were going on something about income inequality in your ancestral land, and here I update you on same, which seems quite ominous, maybe indicating that some folks must give, else revolution, perhaps:

morganstanley.com

"The United States and China exemplify the full range of pressures bearing down on the income distribution. With per capita income of $38,000 and $1,700, respectively, the US and China are at opposite ends of the global income spectrum. Yet both countries have extreme disparities in the internal mix of their respective income distributions. This can be seen in their so-called Gini coefficients -- a statistical measure of the dispersion of income shares within a country. A Gini Index reading of “0” represents perfect equality, with each segment of the income distribution accounting for a proportionate share of total income. Conversely, a reading of “100” represents perfect inequality, with the bulk of a nation’s overall personal income being concentrated at the upper end of the distribution spectrum. In other words, the higher the Gini Index, the more unequal the income distribution. The latest Gini Index readings for the US (41) and China (45) are among the highest of all the major economies in the world -- pointing to a much greater incidence of inequality than in economies with more homogeneous distributions of income, such as Japan (25), Europe (32), and even India (33)."

Now, China seems to approach the issues thus, news.ft.com "Beijing to tackle rural-city wealth divide" per script based on development laid out in my earlier note regarding farmers and their more and more accountable leaders, to be financed in part by Taiwan compatriots, or so I understand.

USA seems to approach the issues via "ownership society", whatever that concept may entail, to be financed presumably more by Japan than by China, and more likely than not to be paid back with jobs and deficits, I guess, else the math does not seem to balance.

OTOH, banned movies, as you had mentioned, but freely available in P2P and VCD would not impact freedom in any effective sense, as you correctly noted. So, banned movies cannot be that important in the great schema of the journey, do you think?

If you would just go a few nano synaptic snaps more in what passes for thinking, you would discover the more obvious errors of your biased ways of non-think.

Chugs, J
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