Across The Aisle: The tragedy of the missing middle, writes P Chidambaram
Given that the bottom 20 per cent of any developing country must be assumed to be poor, that leaves 7 per cent which may be called the middle class.
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Given that the bottom 20 per cent of any developing country must be assumed to be poor, that leaves 7 per cent which may be called the middle class.
All this is bad news for Mr Mark Zuckerberg, the owner of Facebook, Instagram and WhatsApp, and among the richest persons in the world.