On July 14, 1789, the French stormed the Bastille, a medieval
fortress-prison in Paris in one of the key moments of the French
Revolution.
The average people were fed up with the Ancien Régime — aka the monarchy — and they were protesting the vast inequality between themselves and the upper echelon.
Fast forward 266 years: inequality is still a major issue.
"We have reached a tipping point. Inequality in OECD countries is at its highest since records began," OECD Secretary-General Angel Gurría said in a recent report.
Mexico, Chile, the US and Turkey have the highest inequality among the OECD members. And inequality is even higher in emerging economies. On the flip side, Denmark, Slovenia, and Czech Republic have the lowest.
"The evidence shows that high inequality is bad for growth. The case for policy action is as much economic as social. By not addressing inequality, governments are cutting into the social fabric of their countries and hurting their long-term economic growth," Gurría added.
For what it's worth, France is below the OECD average.
The average people were fed up with the Ancien Régime — aka the monarchy — and they were protesting the vast inequality between themselves and the upper echelon.
Fast forward 266 years: inequality is still a major issue.
"We have reached a tipping point. Inequality in OECD countries is at its highest since records began," OECD Secretary-General Angel Gurría said in a recent report.
Mexico, Chile, the US and Turkey have the highest inequality among the OECD members. And inequality is even higher in emerging economies. On the flip side, Denmark, Slovenia, and Czech Republic have the lowest.
"The evidence shows that high inequality is bad for growth. The case for policy action is as much economic as social. By not addressing inequality, governments are cutting into the social fabric of their countries and hurting their long-term economic growth," Gurría added.
For what it's worth, France is below the OECD average.
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Lower Student Loan Rates
A student loan is designed to help students pay for university tuition, books, and living expenses. It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy.
Life insurance: a multi-purpose financial planning tool
Life insurance is designed primarily to protect your family’s financial security after you die. But some types of life insurance can also help you build assets to meet needs during your lifetime. So it’s a smart addition to any financial plan — because it can serve different functions within your overall investment strategy.
Security for your family should something happen to you
Life insurance can help:
- Pay debts and taxes after your death
- Allow your family to maintain its standard of living
- Support your dependents’ goals and dreams
- Provide immediate access to cash1
Certain types of life insurance also may serve as:
- A supplement for your retirement income
- A funding vehicle for a college education, starting a business, an emergency, or buying a second home
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4ds
4. Finland
Why do Finnish people all talk like disappointed hamsters? #F1 #Raikkonen #Hakkinen
— Will (@WillMcHoebag) April 13, 2013
5. Poland
6. Malta
Also why do maltese ppl define sightseeing as taking photo of thing?? That's not what it is man
— Simon Munroe (@ohthatmardybum) December 29, 2013
7. Armenia
Why do Armenian girls finish every sentence like a question?
— Mike (@MTashchyan) March 2, 2015
8. The Netherlands
Why do Dutch people have to be so tall strained my neck last night
— sup (@samteapot) February 16, 2014
9. Turkey
10. Belgium
Why do Belgian people never finish their words
— {{ Maria Isabel }} (@MileyKendall) March 30, 2013
11. Denmark
Why do Danes hate giraffes
— Sam Fox (@foxfancy) February 14, 2014
12. Spain
Why do spanish people take facebook so serious
— Nathalie ✨ (@xtraaaordinary) March 3, 2015
13. Russia
14. Cyprus
Why do Cypriots applaud when the pilot lands the aeroplane?? No one applauds me when I carry out my admin duties at the Council ffs...
— Shabs (@Redbutdred) May 4, 2014
15. Iceland
Why do Icelandic people eat so many animal heads
— Shona (@shonamurrayyy) February 24, 2013
16. Austria
why do austrian feel the need to always go on ski trips
— anastasija (@malikandliam) March 7, 2015
17. France
18. Portugal
why do people speak portuguese shouldnt it be portugoose i mean its only one language why is it plural
— Jason (Splix) (@Splix_) November 30, 2014
19. Norway
Why aren’t all Norwegians fat troglodytes who never go outside? How do they exercise in all the snow?
— Doug Moe (@DougMoe) February 3, 2014
20. Germany
why do german people sound so mad when they speak?
— Selena Gomez (@biebersbenson) September 13, 2013
21. Albania
22. Greece
Why do Greek people have to tell EVERYONE that they're Greek!?!?!!?!?!?
— Johnny (@MendaciousMo) March 9, 2015
23. Ukraine
Why do ukranian girls like dressing like ariana Grande for Halloween
— Manas Mishra (@x_El_Capitan_x) December 3, 2014
24. Ireland
My question remains why do Irish people not own proper rain gear ???
— Taylor-Amy Kelleher (@Xxtaylor_kxX) November 13, 2014
25. Croatia
26. Czech Republic
why do czech girls always dance about 20bpm slower than the tune?
— Z-Kat (@zeibura) January 29, 2011
27. Hungary
why do Hungarians put cheese in all of their desserts and chocolate bars I just dgi
— Elysia ☾ (@mercilyss) May 24, 2014
