Inequality between nations is a less familiar story. In addition to interest in comparing and contrasting social inequality at local and national levels, in the wake of today's globalizing processes, the most interesting question becomes: what does inequality look like on a worldwide scale and what does such global inequality bode for the future? Stocks have above average valuations, but there hasn’t been a collapse, so the house of cards narrative hasn’t been proven yet. We show striking similarities between patterns of inequality between species abundances in nature and wealth in society. The vaccine rollout around the globe has been rife with inequality. According to research by the Agence France-Presse, high-income nations — such as the United States and members of the European Union — have been getting much more than their fair share of vaccine doses. The first is that asset prices have been pushed too high which makes the stock market look like a house of cards. We demonstrate that in the absence of equalizing forces, such large inequality will arise from chance alone. Inequality is one of the main drivers of social tension. Since then, inequality between countries has declined. Global inequality is driven by changes both of the inequality within countries and the inequality between countries. According to neoclassical theory globalization should have resulted in decreasing inter-country inequality over time as capital flows to low wage countries seeking profits and these same countries appropriate advanced technology produced elsewhere without … Now let’s look at the criticism low rates and QE face. This doesn’t mean its wrong or right. Here too developments do not comport well with conventional economic theory.
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