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dethblud t1_j73g5fm wrote

Happy to see yet another statistic that shows Uruguay at the top of its category. It's the most underrated country in the Americas.

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TrinityF t1_j746fas wrote

Honestly, I have no idea who lives in Uruguay, what they do, what the country does and how they live in such seemingly remote obscure area, from my comfy chair in Europe.

The only thing heard of it that intrigued me was people saying the country’s architecture is like Europe but in South America and the people living there look like people from Spain mixed with indigenous minorities.
... And TIL: Uruguay has a Florida. And their winter are warm, and their summers are cold, compared to the Northern Hemisphere. When Europe is having their summer in the middle of the year, Uruguayans are enjoying the coolest weather of the year.

This is all quite fascinating.

I had once planned to take time off and spent a year travelling in South America, but then I got married 😥 I wanted to go to the most southern point of South America.

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dethblud t1_j74a3sw wrote

Yep, Uruguay is an amazing place. Great food, good standard of living, progressive and representative government. I really want to go back.

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LittleOneInANutshell t1_j79x2rn wrote

Just learnt it's a rather small country by population and half of it lives in and around the capital. Maybe that helps?

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DataMan62 t1_j755u2j wrote

You do understand that summer in the Southern Hemisphere happens during our winter and vice versa??

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TrinityF t1_j7aevj6 wrote

It's safe to say that I did, in fact, not know that.

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DataMan62 t1_j7ew8gz wrote

Look up the Earth's axis tilt and how it and the earth's revolution around the sun combine to cause the sun to appear to move northward from (Northern) winter solstice to summer solstice and southward from June 20 to Dec 20. I guess I was lucky that Mrs. Collins spent a lot of time on the Earth and the Solar System in 3rd grade.

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beepbeepboopbeep1977 t1_j75fnzs wrote

Yeeeaaah, but I think I prefer ‘cold summer’ and ‘hot winter’. Then I can say stuff like “next cold summer let’s go skiing in Queenstown”. It’ll be weird at first, but I reckon it’ll really catch on. And then we can finally have Christmas in winter, just like in the movies!

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atraviliario t1_j757ob4 wrote

... any country colonized by Spain will look like that. Cause, yk, they killed almost all the indigenous people. It's nothing special. You can also learn today that in all of the south hemisphere the seasons are "reversed". It isn't that the summers are cold, it's winter here and summer where you are, at the same time.

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EpsomHorse t1_j75stuf wrote

> ... any country colonized by Spain will look like that.

You need to do some backpacking!

Argentinians are indeed mostly European, because (1) there was almost no slavery there, (2) the country carried out a genocide against its indigenous population between about 1870 and 1890, and (3) it received massive numbers of European immigrants between about 1880 and 1930.

The average Chilean, on the other hand, has about a 44% indigenous admixture and a 55% European one, with 1%-2% African DNA.

Peru, Bolivia, Ecuador, Paraguay and much of Central America is even more indogenous than Chile.

The Dominican Republic's population is almost entirely of African descent.

And so on.

Latin America is tremendously heterogenous.

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CreepySecretary7697 t1_j75jifv wrote

not necessarily. Peru was also colonised by Spain and they have way more indigenous traits than Uruguayans. Uruguay is the whitest country in Latin America, and if you go there you’ll see everyone looks just like Spaniards and Italians, due to the immigration Uruguay received from these countries.

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Dumguy1214 t1_j75kmjy wrote

some parts of the church tried to babtise them and educate

they would die of common cold en mass

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LVMagnus t1_j76eldj wrote

Maybe take the partner on said trip? The two are hardly mutually exclusive, and if your partner tells you it is them or your dreams, maybe reconsider life choices 🤷

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CptCarpelan t1_j7hps9p wrote

Wait until you hear about Paraguay. At least the reason for their obscurity can be explained since Brazil stole their entire national archive in the 1870s after the coalition war.

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Zul-Igg t1_j72qi25 wrote

I know that in latinoamerica there is a lot of informal employment that it's not taxed or registered. About 50%. So it's very hard to measure the actual numbers

In argentina with the high impositive pressure almost every business have some of their economy off the books / unreported and the ones that dont usually struggle financially because the whole system is broken.

Anyway I can't trust the precisión of these reports for latín américa because half of it is off the record

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felipec t1_j7587d3 wrote

That's irrelevant. In Mexico there's a survey to determine income, people who work informally are counted.

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imregrettingthis t1_j75cm85 wrote

what about every other country?

​

It's an even greater disparity if they measure for this in one country and not another, and there is no way you can tell me they survey they same in every country.

​

How could you say this is irrelevant?

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felipec t1_j75xd9x wrote

> what about every other country?

I don't know about other countries, but it's not like every country is inventing statistics from scratch. International organizations do create guidelines for how income surveys should be conducted precisely because it's very easy to miss something otherwise.

Here's a handbook from the United Nations Economic Commission for Europe (UNECE) with 208 pages explaining how income statistics should be gathered and why: Canberra Group Handbook on Household Income Statistics, 2nd edition.

Not all countries follow every one of the recommendations, but it's not like no one has thought of informal employment ever. Everyone in the field already knows tax data cannot be relied for income statistics.

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imregrettingthis t1_j76icny wrote

Wow. Instead of just saying. “Yea I was wrong”. You are now completely moving the goal post.

Is it relevant. Yes.

Now you’re talking about whether we should rely on tax data?

I guess you’re showing us how you were wrong in a very round about way. Thanks I guess?

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felipec t1_j79d53c wrote

> Wow. Instead of just saying. “Yea I was wrong”.

I am not wrong.

−1

Zul-Igg t1_j75dcxz wrote

That is relevant* FTFY

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felipec t1_j75wspj wrote

Explain to us how the amount of people in informal employment affects Mexcio's ENIGH survey.

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imregrettingthis t1_j76mfln wrote

Why would they explain that to you when thats just you moving the goal post and has nothing to do with the topic and in no way backs up your claim.

This is about a comparison of countries not how Mexico’s survey is run without any larger context.

Now explain why you don’t get that?

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felipec t1_j79d24u wrote

> This is about a comparison of countries not how Mexico’s survey is run without any larger context.

It's the same thing, and I already explained why.

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nosoyunrobot01 t1_j72uwzf wrote

Income inequality is not wealth inequality

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melanthius t1_j7501fg wrote

Instantaneous function vs integral

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DataMan62 t1_j756et2 wrote

There’s a lot more involved than just mathematical integration because most people have no savings to integrate.

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felipec t1_j758a59 wrote

But it's the one that can be measured.

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NarcissusLovesEcho t1_j72kmxe wrote

I wonder what percentage of that top 1% in the DR is baseball players?

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EspHack t1_j72pe4m wrote

lol that would have never crossed my mind, probably a rounding error

the country is basically a giant resort for remote workers at this point

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latinometrics OP t1_j72ldxc wrote

That's a great question! I would assume their income is more so reported in the US, though, no? (assuming you mean MLB players)

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EpsomHorse t1_j75t6sw wrote

> I wonder what percentage of that top 1% in the DR is baseball players?

Just the smallest handful.

Every single country in Latin America except Cuba is dominated by a small number of oligarch families that own just about everything and everyone of any value. Most of these families have been in this position for centuries.

This is the legacy of Spanish colonization, and its why the entire continent of South America is way less developed than it should be.

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toshgiles t1_j73v4i3 wrote

This visual is so difficult to understand!

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YimmyTheTulip t1_j75gptj wrote

Where is Venezuela? A ton of people are asking about countries that are not Latam, so they shouldn’t expect them to be labeled. But Venezuela should be.

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SynbiosVyse t1_j75z0de wrote

Probably no data available, but I'd expect it to be on the extreme polarized side.

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Edstructor115 t1_j7921lx wrote

My LATAM intuition tells my that more than likely they are somewhere close to the top but not the highest

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patienceisfun2018 t1_j72q5jn wrote

Where's Haiti? I'm interested in the top 1% of zero.

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whatweshouldcallyou t1_j72tjgd wrote

The gang leaders declined to provide estimates of their income.

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Dumguy1214 t1_j75l6vd wrote

fun fact, the clintons wanted to modernize Haiti in the 90s, a country that could feed it self was told to stop farming and start working in factories

this had a terrible affect, especially after the earthquake

Hillary pocketed 2 billion dollars of relief cash and as the leader of operations she gave her friends mining permits on protected land

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EpsomHorse t1_j75t9ao wrote

> Hillary pocketed 2 billion dollars of relief cash and as the leader of operations she gave her friends mining permits on protected land.

Any source besides your ass?

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Dumguy1214 t1_j75u0ce wrote

Its a simple google search, many stories in many papers

here is BBC for you

if Americans would google things then they would not be trolled by 4chan for years

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FahkDizchit t1_j76jim0 wrote

Is this where you’re getting the $2 billion figure?

“In its defence, the Clinton Foundation - which has raised more than $2bn from over 330,000 donors since its 2001 launch - points to its A rating from philanthropic monitors.”

If so, that doesn’t say what you think it does.

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Dumguy1214 t1_j76oe5q wrote

you cherry picked that one, of that amount 88% was spent on program expenses which includes training 2000 women with job skills (11,5 million live in Haiti)

She was supposed to take care of the program

of $9 billion, $34 million founds it way to Haiti locals

−1

FahkDizchit t1_j76s45r wrote

I’m trying to find support for your statement that “Hillary pocketed 2 billion dollars of relief cash”. Dude asked you for support for that and you linked to the BBC article. That was the only mention of $2 billion in that article. I didn’t cherry pick shit.

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EpsomHorse t1_j77rtje wrote

Your source says nothing like what you say it says:

> He said protesters from his small activist group, the Committee to Mobilize Against Dictatorship in Haiti, will continue to level their allegations - so far all unproven - if the Democratic candidate wins the White House.

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killbeagle t1_j730cob wrote

And that's just income, not even assets...

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TrinityF t1_j744s4m wrote

I have no idea how to read this chart.

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DarkFish_2 t1_j76xd8c wrote

Look for a country, then check it's position in the X-axis, the percentage shown is the amount of wealth held by richest 1%

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tradtrad100 t1_j75hfzr wrote

Ah yes. The USA that has an analogous wealth distribution to Belize. You love to see it.

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ArbitraryOrder t1_j7793q1 wrote

This is income not wealth

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tradtrad100 t1_j77lnla wrote

My bad. Income distribution then. Same logic applies

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ArbitraryOrder t1_j77ofgp wrote

I'm not sure that really means much intrinsically. Just look at these graphs showing the United States vs the ither G7 nations Income at each decile PPP adjusted, I'm not sure you can say that the Gini Coefficient being higher means much when the middle deciles in the United States have higher incomes.

https://dart.lisdatacenter.org/dart

Sort by the following:

  • Equilivalised Disposable Income
  • Median (PPP in $ USD)
  • Income Deciles
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Wouter_van_Ooijen t1_j75sqv3 wrote

Dutchie here: proud to be at the very tail!

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SenjorSchnorr t1_j771fjg wrote

We do well concerning income inequality. We don't score as good when looking at wealth inequality.

Concerning income, according to the graph top 1% earn ~6% of income. Top 1% richest people account for 26% of the total wealth in the country.

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LordAcorn t1_j7426as wrote

Income is a terrible measure of equality because the rich don't make money by regular income.

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warren_stupidity t1_j74ax6o wrote

Income is interesting but wealth is more interesting.

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SteveInMotion t1_j739uuh wrote

The operative word on that chart is “pre-tax“. In the United States for example, things get less unequal after everyone pays their taxes. In Latin America, where I lived and worked, the tax collection structure is far less effective and efficient than the United States IRS. PS to those who think the rich don’t pay enough taxes in the US, look it up. PPS to those wondering if I just used “efficient““ IRS“ in the same sentence, I did, but everything is relative.

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WhiteWashTXP t1_j748qhv wrote

Can you show me some information that shows that inequality in the US is better after tax please?

Here is some information that is very factual: http://piketty.pse.ens.fr/en/capital21c2

−4

RepresentativeFill26 t1_j744tjp wrote

Well, the Netherlands is low in this list because income is heavily taxed on the rich. Assets however aren’t and wealth inequality is much higher than this plot indicates.

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nck5959 t1_j75csi0 wrote

“Beautiful” has become such a loose term.

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TatonkaJack t1_j73vo2g wrote

Based on the way the data is presented there’s no way that world average is correct

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capi-chou t1_j760nhj wrote

I guess it's not an average but a worldwide value.

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parkermaster92 t1_j73n28v wrote

I’m dumb. What does the center line in the chart mean?

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black_pijama10 t1_j7588yw wrote

I life in Mexico and I agree with this

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Suspicious-Kiwi816 t1_j75nyrc wrote

I would have expected Qatar and USA to be further apart than they are 😢

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xjitz t1_j745wcn wrote

im p sure thats the mean not the average

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TomatoFirm116 t1_j74xnxo wrote

Politicians own mexico. The people are just their pawns. Cartels control the people, with permission from the government. Cartels exist because the government needs them.

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DataMan62 t1_j7563yd wrote

One does not hold income. One holds savings and wealth. Your title and one user comment make me wonder whether you’re using wealth or income data.

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mexicanlefty t1_j756cy1 wrote

Yeah no surprise im mexican and here 60% or more of the country is low class and the elite is like 0.something, im thankful im middle high class but the standard of living would rise so much if we could get more people to the middle class, sadly both the government and of course the cartel f@#% up anyone that wants to have its own business.

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imregrettingthis t1_j75ch13 wrote

I would love to see one of these for the 1% minus the top .1 percent.

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deniesm t1_j75rkm6 wrote

I wish The Netherlands was in Latin America

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suaveElAgave t1_j75tqfh wrote

This chart is a great visual example for showing why the mean is not a robust metric. Would be nice to see the median.

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Nanocephalic t1_j773er8 wrote

Income? Or wealth? These are not the same thing at all.

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nkj94 t1_j7fvzlq wrote

Why are 80% of Dots on the left side of the world average?

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latinometrics OP t1_j72imkb wrote

Source: World Inequality Database

Tools: Excel, Rawgraphs, Affinity Designer

From our newsletter:

There’s no way to sugarcoat it: the pandemic has only worsened the problem of global economic inequality.

Perhaps nowhere is this more true than in Latin America, which has been named the most unequal region in the world by, among others, the United Nations and the International Monetary Fund.

But while it’s not breaking news that global crises further inequalities and concentrate more wealth in the hands of the rich, it may surprise you to learn where this is most the case.

The Dominican Republic, Peru, and Mexico are all among the most unequal countries in the world per World Inequality Lab figures, with the top 1% of each country earning between 25-30% of the country’s total income.

Yes, you read that right. The richest 1% of Mexicans earn over a quarter of the money flow in the country; the richest Dominicans, nearly a third.

--------

Sign up to Latinometrics, and continue reading here

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the29thyaya t1_j745d6e wrote

i wonder how this chart would look if the cia wasnt whack a mole'ing socialist uprisings for the past 50 years

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X0AN t1_j74kve9 wrote

Every country is still too high tbf.

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kaizerdouken t1_j7563ib wrote

in Dominican Republic you can have a home worker who will do your laundry every week and cook on weekdays, you come home at 12pm and lunch is served every day. You don’t even have to be rich, just have your office of something. $200-300 a month gets you that.

Why should I care about inequality if I lived there? Having affordable food cooked from scratched, having the house cleaned every day and having laundry done every week. I’m not letting go of that.

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