Comments by "whyamimrpink78" (@whyamimrpink78) on "PROOF That Wealth Inequality Is Way, Way Worse Than You Thought" video.

  1. People need to understand what wealth is. Someone who is poor and has nothing in Ethiopia has more wealth than me because they have zero wealth and I have negative wealth due to loans. I am typing a comment on Youtube from my own laptop. Who has a better life? It is far more complicated than what Kyle is making it out to be. Also, it isn't necessarily bad.
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  2. There is some truth to these numbers, but you have to consider what wealth is. Someone in Ethiopia who is poor essentially has zero wealth. But in reality they have more wealth than me where I have negative wealth because of my loans. I have my own laptop I can type Youtube comments on. So who is in better shape? That poor person with no wealth in Ethiopia or me? So in all it doesn't tell the whole story and when you start getting into details on it the situation is not as bad as one tries to make it out to be.
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  3. Very true. Glad someone can see that. Really it goes beyond that. People in a rich country like the US can be well off with negative wealth because of loans. I have negative wealth meaning a poor person in Africa with no assets nor debt technically has more wealth than me. Now who is better off? So the situation is more complicated than that.
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  4. It isn't about hoarding the wealth. Wealth is created. The Walton family owns so much wealth because they own half of Walmart. If you break it down they really don't own that much land or building compared to the rest of the world. What they do own is worth so much that they have a lot of wealth. You can give me the hope diamond and I will be worth millions just by having the one little diamond. I am not hoarding anything, I just possess something that is worth a lot. Not everyone has the desire to run a business or major corporation thus a lot of people have little to no wealth, Or in my case, negative wealth as I continue my studies. My point on Ethiopia is that comparing the wealthy people to the world is deceptive. There are a lot of poor people in poor countries like China, India and a lot of Africa. Even parts of Russia. They make up a large part of the population and have essentially zero wealth. So it is of no surprise that the wealthy have so much compared to the world considering most of the world have so little to begin with. Now how do you fix that? The real question is can you. You are talking about areas with little to no resources, education, and especially the desire to even improve. Changing individuals in general is hard as it, and there have been psychological studies to support that. Now change an entire society. You really can't. It is what it is. I am not saying it is good, nor can you can it is bad. If you feel so bad about it how about you build a business in one of those areas, push to create wealth and jobs and see how it goes.
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