Is there any truth to the progressive's assertion that the wealth inequality in the west is entirely due to the financial industry?

in #wealth7 years ago

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The west has majority free market economy

Poor money education is also a problem. The big problem with the west and the rest is we did not learn how to get cashy without a job. We only know about one type of income. That is ordinary income. This is money for hours at a J.O.B (Just Over Broke)!!

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The other two incomes are portfolio and residual. It is not the industry's fault. You cannot blame the industry just like how you can't blame money because you are broke. We should think back to our education. In school no one taught about how to make money. All they said was "Get a job!" BLAH! BLAH! BLAH!

In the West the growing population is too dependent on jobs and would cut a friend's throat to keep one. The education system has enslaved us to think if there is no work then there is no money. This my fellow Steemians is the cause.

The rich among us have learned to exercise their imaginative minds and stretch their visions. Our possibilities and core beliefs have been altered so that we no longer see a world of scarcity but a world of abundance! Thereby spending money to get a life where they can enjoy the abundance around them. The poor only see scarcity, so they save! Save SAVE SAVE AS MUCH AS YOU CAN! DO NOT SPEND YOUR MONEY BUT PUT IN A BANK! Collect a measly interest of 2%P/A. Poor people always have to keep money until they are ready to spend. In effect they have no new money. Their money pretty much has a time limit before it runs out.

Rich minded people do not do this. We aim to create incomes outside of trading hours for money. We create investmens to make money while we sleep, rather than putting it down to spend it on something stupid another time. That is why most people are broke at the end of their working lives. They have not found a way to make money without working, or they are too lazy to learn how to do it.

The final difference is rich people had by some lucky break broken through the poor programming for their money beliefs which are unfortunately passed down from generation to generation. Each time getting stronger!

The following images depict wealth inequality in its full measure!!

WARNING: IMAGES MAY BE DISTURBING. VIEWER DISCRESSION ADVISED

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If you are reading this and it speaks about you please change your money spending habits and beliefs now. Make a goal to reprogram your beliefs around money and plan to stick to it today. I want to hear from you what you think will make you more money if you change today. Put that in my comments. Also if you like this and want more comment the word "MORE" and I will post later this week.

Please share this with a friend who can benefit and follow me for more on money and riches. I post regularly on the subject of income and wealth so please follow me.

If you liked this post, give it an upvote and share.

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nice & very informative post. upvote & resteem.

ill read it later mate im too sleepy

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