dezoel
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February 20, 2024, 01:41:36 PM |
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Do you think that the poorest countries in the world have no rich people in them? They do, you can find a lot of rich people even in countries with poor economies and countries that are ranked very low when it comes to their GDP and other economic stuff have extremely wealthy people, and for those wealthy people, there are different places in every city where you will only see things that you've seen in central London, wealth all around, people with smiles and happiness on their faces, luxury shops and roads and everything look shiny and beautiful.
However, within the same city, there will be places where people might not have a meal twice a day because of a lack of jobs and earning opportunities. Whatever they earn isn't enough to sustain the expenses for a whole month because of inflation.
So, there are always two sides of a coin, you will only see the other side if you flip it.
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slashz9
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February 20, 2024, 01:49:01 PM |
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I think if you visit the city center, all city centers throughout the country will show the same appearance, I mean you have to look at other parts of the city, not like the capital, whether development and what you say are rich and happy people are found in other parts of the city or not. you just look at the capital and conclude everything is fine. even a company that is about to go bankrupt can hide its situation.
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|MINER|
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February 20, 2024, 03:40:09 PM |
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A country is made up of good people and bad people. But London is a developed place. Because UK is a developed country. However, as the income in London is high, so are the expenses. Everything is expensive there. To survive in London you have to be smart and hardworking. Don't think that all Londoners own a rolex royce. You have seen one side of the coin, but not the other.
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snowpega
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February 20, 2024, 05:40:20 PM |
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So far as I know, there is no report that there is a major crisis in London, UK, right now. Now, if you ask me if it is easy to survive there in that country, I think if you are not strategic, you will have a hard time surviving there. Because the cost of living there is too high now.
Properties and rentals are also expensive in London, and you know that. But there are many opportunities that you can find there that will suit your career.
Dear, You raised good points here. Besides all that, there are a lot of factors which include high taxes. People have to pay many taxes like Property Taxes and yearly Taxes on what they have earned. To avoid paying taxes many people use shortcuts. They do not store any financial records online so that they may track and pay taxes. They only store only less financial records online in this way they do not have to pay any taxes. They receive hard/physical money as payment. I have heard many stories of uk where international students are only allowed to work twenty hours a week I do not remember exactly but when they have done the recorded work they do overwork where they receive hard/physical cash only. in this way, they can easily meet their personal expenses and avoid taxes.
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kentrolla
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February 20, 2024, 06:18:58 PM |
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Glad that you have seen brighter picture which doesn't speak for whole region or country because you will find such localities in even country including war torn nations. I have worked for UK based companies and interacted with consumers and I have seen other side wherein people are struggling with their pension with increasing inflations and ever increasing gas and electricity tariffs, etc. Every country has posh locality but that doesn't represent entire nation.
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stompix
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February 20, 2024, 06:42:20 PM |
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Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK
No, you've just never been there and as in all youth topics started by all your ALTS! you're just lying! For those that really care there are reddit subs that actually have their fun on spotting cars, and some places in which they do are some you would never think of or never knew of their existence, there were a fee pics of a Starbucks parking lot with 2 McLarens and a Bugatti, and everyone was just like, chill, we all know, call us when there are more than they were made in all existence! Also you're mistaken what city centers represent for each country! Not every country goes the same way as Europeans one having the wealthiest live in city centers, there are a ton of suburbs who have a higher wealth per capita even that of inner city Manhattan, Scarsdale has triple the average wage per capita compared to it. I'm not from UK, but I guess that even if you visit the slums of London it will look similar to a middle class neighbourhood from a third world country. The fact we get surprised by all the wealth of a city like London is due to being used to the reality of our native countries where poverty, misery, dirt and thieves are lurking everywhere, including central, touristic areas.
Yeah bullllsshitttttttttt! Find me this place in London or Paris: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F02%2F20%2FYNLxG.jpeg&t=665&c=5EVSvvzi7y8TWg)
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SamReomo
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February 20, 2024, 07:21:26 PM |
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Not only in London but in every city you'll see rich people and poor people. It's totally a wrong assumption that you have made after visiting to a city of UK. I know that in some cities majority of people can be rich but that doesn't mean that there's no poor people.
Even the maids that you see in the houses of the rich people are good examples for you. You'll see poverty when to talk to them. Most of them work day and night to earn some money from those rich people and it's quite hard for them to manage a good standard of living with what they earn.
Cost of living is always high in wealthy nations and thus most workers who get paid in good sums will end up paying that money for purchasing food, paying rent and bills. So it's not really a good way to judge a city's or a country's wealth by looking at the rich class.
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paid2
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February 20, 2024, 07:25:42 PM |
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Yeah bullllsshitttttttttt! Find me this place in London or Paris: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F02%2F20%2FYNLxG.jpeg&t=665&c=5EVSvvzi7y8TWg) Agree with the idea, but you should not talk too fast for Paris... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tyz
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February 20, 2024, 08:13:17 PM |
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So far as I know, there is no report that there is a major crisis in London, UK, right now.
Well, there are a lot, e.g. https://edition.cnn.com/2024/02/15/economy/britain-falls-into-recession/index.html@OP: You have to separate London from the rest of the country. These are two different worlds. London itself is the largest financial center in the world after New York, so a lot of money and wealth is concentrated there combined with low tax rates. If you drive an hour north, you will see a completely different picture, especially in the former industrial cities of the UK.
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Richbased
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February 21, 2024, 05:24:10 AM |
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A country is made up of good people and bad people. But London is a developed place. Because UK is a developed country. However, as the income in London is high, so are the expenses. Everything is expensive there. To survive in London you have to be smart and hardworking. Don't think that all Londoners own a rolex royce. You have seen one side of the coin, but not the other.
Yeah, there is no country that doesn't have the less privilege but let those that can't afford daily life obligations not be higher than the ones that can afford that's what shows that a country is developed. In London though things are very expensive over there but yet citizens have good sources of income so the cost of living doesn't really affect them because as they're spending more they are also earning more so there's no way one cannot survive in that kind of environment. No developed country just woke up over night and got their achievement as it took them time, years and most of their resources before they were able to succeed and one important thing a country need to have is vision because it helps such a country to work in accordance with their vision and proffer possible means to make that vision become a reality. It's just very unfortunate that most world leaders in the world today seem not to understand the need to manage the resources of a nation judiciously and bring about development that would enhance the socio-economic well being of their country.
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el kaka22
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February 21, 2024, 04:49:23 PM |
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Troll account aside, every single nation in the world has a rich area, that's where people who are rich get together, they do pay overpaid stuff just so they could be with other rich people. I have always seen "how could someone pay 40 dollars on just an avocado toast!" type of stuff, but that is not the price you pay for the toast, it is the price you pay so that you can be at the same place as others who can pay for it, that is the point.
This is why those rich places exist, so that rich people could go somewhere without caring about what others think. That doesn't usually end all that well because when you get used to it once, then you are hooked and it is a costly habit, so if you lose some money, it would be hard to not be there.
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The Sceptical Chymist
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February 21, 2024, 05:51:45 PM |
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I mean i did not seen any Crisis
There's so much misinformation (or just plain wrong information) being circulated as to the state of the economy that you'd be better off just watching prices and noticing how many people you know have jobs. The financial press are worse than meteorologists trying to predict the weather one week out. And OP, glad you had a good time in London. I've never been there, but I've been to NYC and have seen a mix of wealth and absolute poverty occupying the same streets--large cities with stock exchanges tend to have that characteristic, though being homeless in New York has got to suck, given how cold it can get. Not sure about London. OK, I did see that link from tyz but I still don't know whether to believe it or not. I keep hearing mixed stories about the US economy, and yet aside from inflation everything is far better than it was just over 10 years ago.
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Zanab247
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February 29, 2024, 05:49:43 PM |
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What you saw in London is the evidence of a good leaders in charge because, it take good leaders to make such nation to work perfectly and to put things in place that will be attracting other countries to come and feel the environment like the way you leave your country to see what is happening to developed country.
I don't know how many days or weeks you spend before going back to your country, assuming you spend like 1 year or some months, you would have see many opportunities in that environment where their investors are making huge amount of money from to invest in other countries of the world.
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letteredhub
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February 29, 2024, 06:25:38 PM |
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I went London 2 days Ago i was in central London and Kensington area. I went out Also shopping and harrods. I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy. To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.
Its no magic you see the people seem happy there, that's because they have a system in place that works, the laws works, same can happen in those other societies you said you have been but not seen such kind of happy people if their system is a system that is capable of holding administrators, those elected in the position of political authorities accountable for misappropriation and inefficiency in discharge of responsibilities then there's no way the people won't be happy in like manner as North London you visited. When a system is obviously corrupt it's affects the living conditions of the society leading to unhappy and strain conditions. Wherever you see citizens are happy, always take a look into their political economy
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electronicash
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February 29, 2024, 06:45:27 PM |
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maybe that part of EU is not really in crisis. they did break with EU years ago and i guess they escaped the crisis and the monarch preserved their wealth. but where in EU has the crisis so far? i saw the news where there are also lots of crimes and then the farmers are also littering their capitols with pigshit.
you can only see show-offs on facebook but if they are eating out in restaurants then maybe they are really not feeling the crisis. even eating in mcdonalds today is a luxury.
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Fortify
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February 29, 2024, 07:13:15 PM |
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I went London 2 days Ago i was in central London and Kensington area. I went out Also shopping and harrods. I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy. To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.
What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions. I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ? People who live Actually in UK can you explain to me ? Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?
My question is are people actually that rich or they just to like to show off ?
Any big capital cities will draw in wealth, what do you mean what business are they in? Every business you can imagine. They're not all selling Gucci handbags, that should be obvious. There are definitely homeless people around the city, but maybe fewer than elsewhere because there are more safety nets. If you go to the richest parts of the city, you will see more expensive cars, it's quite simple. Maybe people, including those from the UK, talk the country down but that is part of it's charm quite frankly. Everyone is just trying to get on and make whatever small fortune they are able to carve out. Taxes are relatively low compared to some countries and if you are sensible with your money you can make it stretch.
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Synchronice
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February 29, 2024, 07:39:57 PM |
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I went London 2 days Ago i was in central London and Kensington area. I went out Also shopping and harrods. I have questions....like how it's possible wealth are everywhere you can literally smell the smell of money and Wealth i been traveling many places....and i haven't seen this kind of happy life people was in coffe shops Everthing happy and wealthy. To be honest i fallling love with central London the vibe there was so good and people so happy and wealthy.
What's the business they are in ? I mean i did not seen any Crisis i been told that UK are in Crisis i did not seen crisis all i saw was just abudamce and i spoted in 30min at least 10 Rolce Royces...and not just average but custom made versions. I was surprised in stores i could not even move it was full of people crowded all over... What Crisis in UK ? People who live Actually in UK can you explain to me ? Are the wages are good in UK ? Becouse this kind of wealth not Even in new york i been in NYC there is a lot visible poverty and homeless people the streets not looking like it's some wealth paradize compared with London UK Also i been in Canada cities they are Nice but the huge wealth doesn't flash out like London i mean in London it's grazy how much wealth you gona see it got me thinking Are UK London living standard are higher than other countries?
My question is are people actually that rich or they just to like to show off ?
There are many rich people all around the world, especially in the UK, that once was almost ruling the world and is one of the most advanced country. The whole world speaks English after all. Okay, enough. Yes, you saw lots of rich people in the UK but that doesn't mean that there are very high salaries in London or poverty doesn't exist there. No, there are too many people who depend on paycheck each month and don't have enough time to not only buy a car to but have a fun too. Behind the scenes, there are people who work very hard to deliver parcels, work in warehouses and do some shit, unwanted jobs. You won't see this side of London if you walk in the streets because in the streets, rich people have time to flex, not poor people.
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Juse14
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February 29, 2024, 07:47:32 PM |
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"It's not always the gold that counts." And maybe it's just pyrite whose appearance can deceive our eyes because its shine resembles gold. So I say that perhaps what we see regarding the luxurious life seen in London, could be because they are just showing off their wealth. It may be true that there are some of them who have significant wealth, but it does not rule out the possibility that some of them are still experiencing financial pressure and some are even finding it quite difficult to meet their daily needs.
Talking about the economic crisis, social inequality and unemployment, I think this is a problem faced by most communities and countries, as well as life in London, it's just that perhaps the problem is not as difficult and complex as in some other areas.
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alastantiger
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February 29, 2024, 08:00:45 PM |
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My question is are people actually that rich or they just to like to show off ?
I do not live in London neither have I been to London. But in the country that I live there are high brow areas and low brow areas just as it is in other countries. The rich affluent and super wealthy always have a place for them in any city of the world. You can't tell the economic crisis on them because they are the ones who influence major economic policies and lobby politicians to their favor. Therefore they should appear happy because. Some to of these rich people have been able escape paying taxes through some very legal means. So they enjoy it. While the poor are taxed on everything. And if they don't pay, they go to jail.
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alastantiger
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February 29, 2024, 08:02:04 PM |
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My question is are people actually that rich or they just to like to show off ?
I do not live in London neither have I been to London. But in the country that I live there are high brow areas and low brow areas just as it is in other countries. The rich affluent and super wealthy always have a place for them in any city of the world. You can't tell the economic crisis on them because they are the ones who influence major economic policies and lobby politicians to their favor. Therefore they should appear happy because. Some to of these rich people have been able escape paying taxes through some very legal means. So they enjoy it. While the poor are taxed on everything. And if they don't pay, they go to jail.
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