My predictions for the next 25 years

My predictions for the next 25 years (unless a major war takes place, a significant currency collapses, or a catastrophe occurs):

1) Poverty will decrease. Poor will become less poor.

2) Wealth inequality will increase. The floor used to categorise someone as 'rich' will raise.

3) The proportion of new-rich will increase while that of old-rich will decrease in the 'rich' category.

4) Higher possibility of upward mobility. More fairness in society to achieve upward mobility.

5) Majority of people who are not rich will favour socialism.

6) Beautiful neighbourhoods with clean air and clean water will be more expensive.

7) Food shortage will not occur because of advancements in agritech and foodtech. But high-quality food will be more expensive.

8) Social unrest will increase. Class wars will escalate. Fights for resources will increase.

9) A massive increase in the number of people who are skilled enough to do most of the jobs. So, more competition to secure jobs.

10) Very-high-salary jobs might not increase in number. Hence, more attempts by the best to plunge into entrepreneurship.

11) Some of the rich might come together to negotiate with governments to create small autonomous areas for their exclusive living, with their own local laws and regulations.

Celebrate entrepreneurs who create decent-paying jobs

As the population increases in a society, the density of decent-paying jobs decreases. This results in a lower quality of life for a huge number of people. Social unrest follows.This can be observed in many high-density societies including India.

In these challenging times, these societies should celebrate entrepreneurs who create decent-paying jobs.

Future of residential luxury real estate

The rich are increasingly preferring to live in spread-out neighborhoods as this pandemic continues. Condominiums in ultra-luxury high-rises will shed a good part of their appeal for a long time.

Being cautious during the coronavirus pandemic

As the founder of an early-stage startup, I am being very cautious to ensure that I don't get infected with covid-19. Because, what's at stake is the trajectory of startup, employees' careers, money pumped in by shareholders and value provided to customers.

UBI, poverty and population control

Universal Basic Income (UBI) is not sustainable in high population nations that are not rich. For example, in India, Bangladesh, Pakistan and many African countries. Population Control norms such as heavily disincentivising a family from having more than two children are the only long-term, minimal requirements for UBI to become an implementable idea in such nations.

I find it foolish when some people speak about implementing UBI in countries like India, without discussing population control.

Morever, short-term and medium-term increase in poverty due to the prolonged corona virus pandemic is a certainty. In this context too, population control measures, such as heavily disincentivising more than two children per family, is now more relevant in high-population nations that are not rich.

Who will bear the brunt of this global pandemic?

The biggest sufferers of this global pandemic are poor people who are elderly. The second biggest sufferers are poor people who are young. The gains made in poverty alleviation in the last few years will be reversed. Income inequality will increase in a few places and might fall in a few other areas, and it's not an important topic to discuss compared to poverty alleviation.

The poor and middle-class people will take calculated risks towards work, and many of them will pay the price by getting themselves infected with the virus. Almost all Governments (except rich countries and the US, which has US Dollar, the world reserve currency) have minimal room to address the dire needs of the majority of the citizens. The information about the virus that we know is limited, and we can safely say that the economic recovery will take at least a year.

Best face mask to use to prevent corona virus

The best choice I have noticed consistently has been N95. The second-best choice has been 'Surgical mask' for Corona virus.

Someone told me that N100 mask is better than N95 mask. Please do your research before deciding which type to purchase.

I have attached here three images that give comparison of different face masks. The origin of these two images is unknown.

(Source: Unknown)

(Source: Unknown)

(Source: CDC)

Cut the face mask after you use it, and then dispose it. This will prevent unscrupulous folks from repacking the used masks and selling them.

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