Poor countries are catching up and getting richer faster than the rich countries are - and the accumulation of wealth by the global top 10% is actually decreasing, while the wealth of the bottom 50% is on the rise.

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  • HobbitFoot
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    8 days ago

    You also have the case where the a lot of places in the global south got a generational pause where they could develop in the kind of peaceful environment that developed countries are able to.