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Funny how this doesn’t apply to immigrants. Being lower, middle, upper class is mostly a mindset that dictates your tolerance for risk. Immigrants of the same
by david38 4y ago
Funny how this doesn’t apply to immigrants. Being lower, middle, upper class is mostly a mindset that dictates your tolerance for risk. Immigrants of the same income level as US born have a far higher tolerance.
- brianwawok 4y agoIsn't this self selection bias? The most risk tolerant people are also the most likely to immigrate to a new country? The more conservative people buckle in for a life at the fruit stand or whatever they have in their home country. Maybe not a great life, but it's steady and they know it keeps them fed.