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18 results for “regional inequality”
Concept14 mentions across episodes
inequality
And the problem with this that this article highlights is that the supposed support payments actually create an incentive or challenge in moving up the wrong or up the ladder. It's probably the case that it is a lot easier to move up the income ladde
58:26 / 59:34
from transcript58:26 – 59:34
and some people dispute the graph, but I think it it's probably gesturing at something that's right. It shows, percentiles or deciles of the world in terms of income, and it shows over the last twenty something years, I think from '91 to 2008 or some
59:13 / 1:00:17
from transcript59:13 – 1:00:17
tends to locate only in very large cities, say, like Los Angeles or New York. That's the only place where you would where you could put together all that necessary talent, that is required. So industries that require a more diverse pool of talent ten
20:56 / 22:01
from transcript20:56 – 22:01
you actually lose a benefit. So the net effect is that you are becoming poor. And it turns out that that map is actually false. When you calculate the net resources, meaning income plus benefits minus taxes and expenses, a family actually, as they st
54:39 / 55:53
from transcript54:39 – 55:53
...just more attached to their regional culture. Like in Germany,
25:29 / 26:30
from transcript25:29 – 26:30
...of regional and social variation in a lot of these consumer surveys. Right? So, obviously, people who are poorer have been feeling terrible during the days of high inflation. Yeah. And people who are rich feel, you know, pretty good. But, also, infla
48:45 / 49:47
from transcript48:45 – 49:47
...of unparalleled inequality between certain segments of the population and others in certain regions of the world and others. We are investing against an unbelievable backdrop of risk and volatility and uncertainty. But especially in times like this,
33:42 / 34:50
from transcript33:42 – 34:50
...regional funding, and I always hate the word regions. It implies that it's regional to where. But, like, the point is, like, the and if you're outside of London and the Golden Triangle, you know, Oxford and Cambridge, like, it's much, much harder to
12:32 / 14:12
from transcript12:32 – 14:12
Is debt a storehold of wealth, and what is our money? That's a question that we have to deal with today. Right? What is the money that you can be an effective storehold of wealth? Okay. And are we at the end of our debt cycle? Okay. That's number one
11:46 / 13:03
from transcript11:46 – 13:03
and then kind of going up from there. So talk to us a little bit about the, like, the income versus investing side and how it looks different for the balance sheet on all these levels. Yeah. So if you actually look at the data, and this is once again
8:33 / 10:37
from transcript8:33 – 10:37
You kinda alluded to this. We talk a lot about investing, and we're talking about one of my favorite things to talk about is is home country bias people have. Or any country you go to, people put all their money in their own stock market, and we say,
15:07 / 16:11
from transcript15:07 – 16:11
you you you we can't you can't grow. Right? And you don't have poor people, so you have to import them from El Salvador or Panama. A lot of people. You don't have poor people. So so you don't to create that kind of thing. And and and even and now you
25:29 / 26:30
from transcript25:29 – 26:30
If you're a rich in America, you know, you really don't have to suffer, too many of the problems, in, let's say, New York and California. You don't worry about the housing crisis. You have a giant home in Atherton. You You don't worry about taking th
12:44 / 13:50
from transcript12:44 – 13:50
One of the things that you hear a lot when people characterize the economy today of 2025 is that a lot of it is riding on people's wealth. People talk about, you know, the k shaped recovery. They talk about how people in the higher income or wealth q
23:59 / 25:03
from transcript23:59 – 25:03
in net worth. Yeah. Let's break it down. Talk to us about the letter. Go ahead. So there are six wealth levels. Level one is less than $10,000 in net worth. And by the way, when I say net worth, I mean, I'm using household net worth, and I'm doing, y
3:49 / 5:19
from transcript3:49 – 5:19
And I was like, you know, the distribution of financial assets in The United States is, as everyone knows, extremely skewed to say, like, the top 1% or whatever. But the actual distribution of real resources when you look at the size of American hous
12:38 / 13:48
from transcript12:38 – 13:48
And until you see a change in policies, why would you expect those trends to reverse? To me, that's what matters more because that's what you gotta invest on. So when you speak of seizing assets, the oligarchs is a different or a different scenario t
18:46 / 19:49
from transcript18:46 – 19:49
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