All problems of Italy summarised in one chart 😔
20% of GDP comes from rentiers instead of work and value creation.
It's honestly insane!
Other western countries are not far off.
US's inheritance flow is at over 10% of GDP.
Ireland seems to be an exception, I guess due to the massive influx of corporate tax from Big Tech that inflates the country's GDP.
At the end of the day,
why working your ass off when you can have an excellent quality of life for free?
Until it lasts...
Good luck to rentiers in the age of AI.
