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that makes sense, the higher the fall; the harder the impact. Related to this, I think the social nets in poorer countries are stronger so the fall isn't as rou
by curo 6y ago
that makes sense, the higher the fall; the harder the impact. Related to this, I think the social nets in poorer countries are stronger so the fall isn't as rough.
All that said, this is inequality not income.
- Johnjonjoan 6y ago>All that said, this is inequality not income. Inequality is unfair. The more unfairness someone has to put up with the less sensitive they will be to other stressors and perceived unfairness. This obviously isn't as simple as I'm making out. Individual people will have different stressors. However when we talk large scale I think this simplistic view can be warranted.