A Chinese newspaper gathered data from studies done around the world, about wealth, and the people who have it, and found that many common myths about having lots of money are false.
I always heard that “money doesn’t buy happiness”, turns out that’s a lie. One study, by Justin Wolfers and Betsey Stevenson, concluded:
1) Rich people are happier than poor people.
2) Richer countries are happier than poorer countries.
3) As countries get richer, they tend to get happier.
However, Psychologist David Myers says the degree of happiness depends on the relative disparity between the rich and the poor. Apparently the more impoverished a country is, the more happier the rich bastards become (is that why Wall Street is trying to take down main street U.S.A.?).
Also, University of Michigan researcher Ronald Inglehart discovered that once a person becomes wealthy, it takes even more and more money to keep them happy, like a drug addict (again, is that why Wall Street is trying to take down main street U.S.A.?).
What about the myth of suicides and rich people losing their money? Many people think of the Crash of ’29, when supposedly dozens of people jumped to their deaths, from their high rise offices, after losing all their money in the stock markets.
While some rich people do kill themselves, people living in poverty are still more likely to end it all. Several studies have been done, including by the UN World Health Organization, and they conclude that the majority of suicides involve people living in rural (poor) areas!
The Global Social Crisis: Report on the World Social Situation 2011
Every Thirty Minutes: Farmer Suicides, Human Rights, and the Agrarian Crisis in India
Poverty, Mental Illness and Suicide Linked