stackyFACTSThe official threshold for being destitute is based on a food cost formula from the nineteen sixties, back when a loaf of bread cost pennies. By intentionally refusing to update the methodology, governments can artificially claim extreme poverty is totally under control.
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The headline jobless rate looks wonderfully low because it simply erases anyone who gave up on finding a position. If you get so depressed by endless…
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Because a nation desperately wants to claim the success of expatriates who left. This specific metric calculates total output produced by a country's…
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While microeconomics worries about why you chose to buy a generic brand, macroeconomics zooms so far out it loses sight of the individual entirely. It…
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A dollar does not buy the exact same amount of sustenance in Geneva as it does in Manila. Analysts mathematically alter comparative exchange charts to reflect…
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When experts talk about core inflation, they conveniently strip out the things you actually need to survive every single day. So while the government pats…
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The Gini coefficient turns the terrifying gap between the ultra-rich and the poor into a neat little decimal. A score of zero means perfect equality, while a…
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