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Is it possible for everybody to be rich?

Stardom22

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Like the reports say that majority of the people in the world are poor. They have come with that report basing in mind to the higher numbers of people living below the poverty line. So can everyone struggle with life and become rich in the world?
 
Like the reports say that majority of the people in the world are poor. They have come with that report basing in mind to the higher numbers of people living below the poverty line. So can everyone struggle with life and become rich in the world?
I believe that, to be realistic today, we should act so that no one lives below the poverty line. The idea that everyone can become rich is in my opinion a pure utopia.
 
That's right, basically anyone can be rich, but it often depends on many factors, such as mindset, discipline, seriousness in work, skills, frugal living, etc. Unfortunately, not everyone is able to do so because their bad habits keep them poor.
 
I don't think it's possible because wealth is fundamentally relative. If everyone suddenly had millions, the cost of a loaf of bread would just skyrocket to match that new "normal." You'll always have a baseline for poverty regardless of how much total cash is in the system.
 
I don't think it's possible because wealth is fundamentally relative. If everyone suddenly had millions, the cost of a loaf of bread would just skyrocket to match that new "normal." You'll always have a baseline for poverty regardless of how much total cash is in the system.
That's a very right view on the poor and the rich people so to speak. There shall always be a boundary between the poor and the rich for the economy to be sustainably
 
Realistically, I do not think everybody can be rich. Each individual has his/her own character. Some are smarter, some work hard and some are lazy. This difference makes the ability of each individual to make money in a different way. Those who work hard and smart and has some luck can be richer.
 
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