San Francisco’s Income Inequality Rivals that of Developing Nations – The City has a Gini coefficient of .523 – worse than Rwanda’s and barely better than Guatemala
Submitted May 31, 2016 at 02:06PM by PostNationalism
via reddit https://www.reddit.com/r/economy/comments/4lwlid/san_franciscos_income_inequality_rivals_that_of/?utm_source=ifttt
Despite the increasing inflow of foreign capital in the Indian economy, India’s potential to attract FDI from the world has not yet been fully trapped. This is happening because India lacks an efficient dispute resolution system in the country.
Submitted May 31, 2016 at 12:41PM by RK416
via reddit https://www.reddit.com/r/economy/comments/4lw58o/despite_the_increasing_inflow_of_foreign_capital/?utm_source=ifttt
How to fix the American Economy (Part Two)
10million$ Cap on personal wealth +15% of money earned, 70% tax on foreign imports, A new agency approves multimilion/billion dollar projects, Extraneous profits have 18 months to be liquidated.
Let me please clarify that no money will be stolen from the rich if they invest it properly.
That's the difference between socialism and a wage cap. A wage cap still promotes competition and is essentially regulated capitalism on steroids; everyone's taxes could even be lowered at this point.
Please don't just downvote this, get a conversation going and help build an economic policy that can save the world. That's all i ask.
Submitted May 31, 2016 at 10:55AM by color_shot
via reddit https://www.reddit.com/r/economy/comments/4lvlji/how_to_fix_the_american_economy_part_two/?utm_source=ifttt