Why Poor People Stay Poor

Wed, 31 Dec 2014 00:47:22 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<http://www.slate.com/articles/life/family/2014/12/linda_tirado_on_the_realities_of_living_in_bootstrap_america_daily_annoyances.html>

"Saving money costs money. Period."

A positive feedback loop.  Without outside assistance, the tendency is
for the rich to get richer and the poor to get poorer.

Via Kee Hinckley.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us