Thinking about the below, the US might be the first rich Third World country.
Our infrastructure is failing, our social programs that make society itself prosper are being dismantled, and we have a higher GINI coefficient than even some of the former standard-bearers of inequality.
We have a lot of wealth, but the average person lives a precarious life where one mistake, one missed paycheck or one arrest could destroy them forever
There arenโt a lot of people starving, but contrary to popular belief in most Third World countries that is also true.
I donโt even like the term โThird World.โ Iโve lived in the so-called โThird Worldโ and itโs all just people trying to get along, like anywhere else.
That said, itโs a useful term still.
Yes, I do think the US is the first rich Third World country. Things are only going to get worse from here, too.