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  1. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    That is because they are educated Latinos who generally come from the upper strata of the society. Most Latino`s in US come from very poor backgrounds and there is great amount of income inequality in Latin America which is a relic of Spanish colonial rule. Most of the machismo culture is also a...
  2. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    I like Asian values, by which I mean a strong sense of adherence to rules and justice, discipline, obedience and strong family values to become dominant in the West or any country. However I would prefer Anglo-Saxon values over machismo culture any day. You do not seem to know that machismo...
  3. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    Time series data on social phenomena is not so simple and often defies logic. It is absurd and this is the reason why economists fail to get most things right. The 2008 financial crisis due to bad mortgages was partly due to economists making up all sorts of mumbo-jumbo predictions about human...
  4. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    Once again this depends on what your metrics are. The data I gathered from Pew Research Centre contradicts this. More people are now in the middle class income bracket than previously. However the definition of middle class has itself changed. The American middle class has now more wealth than...
  5. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    I believe we can keep on arguing about this till the end of time. I am also a computer science student with an interest/work ex in data science/AI/ML etc I think we are arguing about different things particularly whether women are needed in the workforce or if they should be encouraged to join...
  6. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    The thing is Americans are richer and more prosperous than they have ever been. Their poverty levels have been the lowest since 1950`s and probably beyond. Personally I do not trust the numbers and I believe it was the early 1970`s before stagflation hit America when the US was truly the...
  7. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    I agree with a lot of your points but I have to disagree with some. The thing is the process of women attaining higher education and entering the work force and its effect on the economic and technological development of a society can never be ascertained comprehensively. Every data is era...
  8. Peter

    Western World Inc.; Malpractices, Coverups and Controversies

    This thread has been derailed so much I think I can make an OT post. I request Mods to shift this to an appropriate thread or merge several of the related OT posts. First off I agree partially with most of the view points presented by my respected fellow DFIans. However, there are a few things...
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