The wealth of the 25 richest families in the world soared 43% in the last year

Re:The wealth of the 25 richest families in the world soared... by spaceman_2020 on Friday December 08, 2023 @04:13PM (#38574486)

The government has kept that at bay so far with welfare schemes, religion, and nationalist propaganda. Don't know how sustainable that is. There is massive flight of talent already.

Even as someone who makes good money, increasingly starting to feel that any semblance of a "good life" is unaffordable here. The discourse among my friends - all well-paid mid-career professionals - was that it's often cheaper to fly out to a country like Thailand and stay in a good resort, than to have a holiday in India.

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Re:The wealth of the 25 richest families in the world soared... by JambalayaJim on Friday December 08, 2023 @10:12PM (#38578152)

I’m not following your two sentiments. With high income disparity, isn’t it extremely cheap for high earners to go on holiday? Where I assume the restaurant and hotel staff are paid poorly?

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Re:The wealth of the 25 richest families in the world soared... by spaceman_2020 on Saturday December 09, 2023 @02:51AM (#38579670)

Incomes have risen so sharply for high earners that the supply for hotels, cabs, flights hasn’t kept pace with demand from this segment. Hence the unaffordability.

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