#Taiwan, a developed country

Inequality of incomes and personal wealth remains high, as it does in most #capitalist economies. The highest-earning 20% get over six times the income of lowest earning 20%. The top 1% of wealth holders have 25% of all #wealth and the top 1% of income holders get 20% of all income.

Huge #property speculation has led to home prices jumping 50% in the last five years and accelerating, making it impossible for young Taiwanese to find decent accommodation.

The threat of an ‘invasion by China’ is probably the least of the worries of Taiwanese voters, despite the media barrage from the West and from Taiwan’s politicians.

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