April 22, 2021

GIL

Daily Global New Media

Income Gap Between The 1% and The Rest Explained

1 min read

46 thoughts on “Income Gap Between The 1% and The Rest Explained

  1. If one can learn to survive in wilderness alone, no riches in the world would compare to that (i.e. or face death/mortality). On some level, deep down in the human psyche, there is a fear of death and suffering, and most people surround themselves with money and assets in a never-ending way, and then they still have to face the death one day, and still leave all that behind. The other one is where people are looking for acceptance from others, or respect from others. This often shows that most people do not respect themselves deep down, that they need external respect and acknowledgement that there is something unique about them compared to others, that they do matter. If that isn't insecurity, I am not sure what it is. And hence all the 'how to become rich', 'proven ways to become rich', 'if you can only focus like the 1% of the 1% etc'. It is too simple minded. On the final death bed, most people fear that they will have regret from not having done something in life, but I say one can also regret having done it, and worked ones ass off so to speak in the completely wrong direction, and therefore wasted time. We might end up realizing that we should have valued something else entirely. That we should not live in the eyes of others. That we dont need podcasts and millions of followers to feel one has made it, because none of it, will be ultimately satisfying in the end. But what will? I think the inward journey will. Where we ultimately face our inner shaddow and fear of death. Then becoming rich is just something that happens, if it does its fine, but it carries no importance.

  2. This is a very useful video, I think I am in the 10% or 20% from what he teaches based on income, but just wondering how exactly did he get the focused data? Just a survey, or something else?

  3. I've never seen someone describe the wealth gap in this way. It makes so much sense. Most of us, myself included, crumble when stuff goes sideways and it takes forever to get our focus back.

  4. Pat- I'm a big fan. Don't agree with everything in your podcasts, specially wrt the 'top 1%', but a fan I am.

    60% of the top 1% inherit their wealth. They don't earn it, wouldn't know what work is if they had a head on collision with it.

    I'm a small business owner working 80 hours a week, and am now growing.. No handouts, no inheritance. No Govt social programs for the rich, that have 'trickled down' here.

    I believe in paying tax because I love America. It's my duty to give back. Massive respect for the kiyosakis of the world for their accomplishments, except for the fact that they prefer to not pay tax. They'll jump ship rather than help build our schools and bridges. The same generation that received tax subsidies for college now berate this generation that has to pay their way.

    You've invited a wide spectrum of folks to your show, some with a diverse set of values. Kudos. Any chance you can get Robert Reich? In other words someone who's well versed enough to respond to the above video. There are gaps in your 'gap' video, no pun intended but you need an expert to really cement this as useful content.

    Check this out:
    https://youtu.be/pnoLAMHwf2I

  5. I'm learning to lean on my Living YESHUA!!! He's my rock. !!!my lighthouse when everything is falling from my grasp, anytime anywhere!! I'm very proud that you added that into your talk, merci beaucoup monsieur!!

  6. Your graph is a bunch of crap. Although media coverage of the super-wealthy 1%, tend to emphasize entrepreneurs and other “self-made” scions. In reality, inheritance plays a huge role in determining who winds up at the top and bottom of American society. And those (most) who have inherited their wealth do not show particularly higher work motivation than the lower classes, they only enjoy much greater financial security in times of crisis.

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