Poor people and rich people view the economy differently. Some rich people may think that Oh, our country's economy isn't bad. We are living very comfortably. But then a question started nagging at me.

Is it possible that the rich don't realize how bad their country's economy is? If you want to understand the economy, you have to look at the bigger picture. But if the rich are only looking at themselves and the other rich people around them, it is easy to live in a bubble and not see how most of the citizens in their country are poor. I actually found an article from a few days ago discussing about "Money dysmorphia" by the New York Times. Basically, what was written was that due to how social media is used nowadays.... People may feel poorer than they actually are. In short, they do not realize how rich they are because they think there is always someone richer than them.

The article tackled more about societal pressure and this being the cause of anxiety and depression among youngsters but for me, I think it still applies even with middle aged people. Sometimes you will meet a man, well along his 30s or 40s, and will say something so dense and out of touch. Can you really discuss economy with someone who is extremely rich? Will their perception of the economy be objective or twisted?

Here's the article if anyone wants to read.