Like I said again, I didn’t define my “data” on what is considered rich. You came in with the assumption that someone rich is someone who is a millionaire. You don’t need to be a millionaire (usd) to be “rich” in China. Even if you have 400k usd, you would be considered rich. In a tier 2 city, you can buy like 4-6 apartments with cash and rent that out. Your standard of living is much lower in China compared to USA. If you have a million dollars in america, I wouldn’t even consider that rich because everything is much more expensive.

Code available at: https://www.kwanlin.com/gallery/life-expectancy-across-the-world/

Data sourced from Worldometer, plot prepared in R with ggplot2

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The original post: https://www.reddit.com/r/dataisbeautiful/comments/11cqnxe/oc_life_expectancy_across_the_world_by_gender/

You buy the shares, you get a cut of the steady flow of revenue. To maintain the productive capacity the share price retains value and gives returns, so you have an asset you can monetise for its underlying value by selling or maintain a revenue stream from it.

This is how most companies operate. A few like Apple have insane returns, but they have an insane share price. Most of the investor value is locked into share price.

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I never defined the parameters for being rich to be a millionaire. I meant it as rich enough to buy Starbucks or whatever American product that is marked up very high. Obviously if they can’t afford to buy it, companies wouldn’t be entering the market and selling it at that price. Sir, this post is about coffee. What else would I be talking about? I replied to the person regarding how it’s difficult to imagine Chinese people buying highly marked up American products

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I'd like to see both median and mean for exactly that reason. My bias is that most of the compensation increase has gone to the top, and it'd be nice to see that bias tested. Top has definitely had larger gains than the middle and bottom, but the top is also a small fraction of the total.

Ummm… you don’t need to be a millionaire to buy a cup of coffee…. Even in the usa, people who are buying coffee from Starbucks aren’t rich. You have those in the middle class living paycheck to paycheck buying it. So definitely hundreds of million of people can buy that cup of coffee which is already a lot of people

So there's more train rails(meaning a higher chance of derailment) in more populated regions? Sounds like a recipe for disaster

Doesn't this favor larger regions?

Whats the incentive for companies like this to exist in todays capitalist world?

Thats a very low return of investment compared to other safe investments.

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That’s an interesting way to present the data.

First thing popped into my head is how railways have slope limit both uphill and downhill. To traverse a slope will require way more rails to loop and/or zigzags. So rails in mountainous region will have significantly more miles to cover the same distance between two points than in a flat region. I wonder if there’s enough data to change the measure from plain miles to actual distance covered. That would make an interesting comparison.

Barber… actually licensed barbers in my state tend to do just fine. I wouldn’t call them “low income”

Ah yes, you're right. I got carried away explaining the context that I forgot to mention what we're actually seeing.

Basically you have this line that's counting non-negative integers, starting from 0, and every time it encounters a number from this problem (let's say 225) it makes a 90*n degree turn (in the case of 225, where n = 2, it'd be a 180 degree turn).

This doesn't hold any inherent meaning, it just creates a pretty visual. You are right that I entirely forgot to explain that part though.

Edit: the start is at the purple zone in the bottom right corner

So what is actually visualized here? You have described a number theory problem and presented a colorful visual but it's not immediately clear how they are related.

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You could’ve used either just millions or, if that would make the numbers unclear, use billions but to the second decimal.

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Yeah...so get them to demonstrate their basic skills in a test and/or Zoom meeting. Anything that requires expensive equipment can be done at a testing center and could be one level up from the basic license.

But at the end of the day, if you're only clipping hair or only doing nails or only braiding, you just don't need an expensive time-consuming license to start working. You don't need more than a deep-cycle battery and inverter for your equipment.

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I was thinking of developing non-western countries for the most part. Having lived in SE Asia, that's where my head is, but yes you could apply the same lessons very broadly (e.g. if you live in Angola by choice then don't live in the same modern apartments where all the oil and gas expats live).

Let’s start selling the ones we make at home to drive down the cost!

I wish they made good coffee at least (subjective opinion)