I am with @sapinker on general progress, so I was skeptical about the bottom half claim. I looked up the data used for the report, and I was surprised that it is almost correct. Still, most of the world's population got wealthier.
https://www.facebook.com/permalink.php?story_fbid=2330405373860633&id=100006735798590 … https://twitter.com/AnandWrites/status/1087187676510502912 …
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Replying to @ID_AA_Carmack @sapinker
Increasing wealth of the rich over a single year is likely mostly from stock market fluctuations. Since they convert all wealth to dollars at market rates, currency rate fluctuations affect their results both for rich and poor. Lots of noise in that data.
8:14 PM - 21 Jan 2019
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