Sunday, December 27, 2015

3 Reasons Why Many “Third World” People Are Not As Poor As You Think

If you look at the numbers, people living in the West are clearly richer: the per capita income clearly shows this. The median income in the U.S. Is much higher than, say, the median income in Honduras. On paper, people in the anglophone and Western European countries are richer. On paper this is indeed the case. But is this the whole story? I don't think so. What I have seen living abroad suggests to me that the average “third world” person is not as poor as you think. Consider these 3 points...