I see a lot of musing and wondering here about the cause of poverty.
One thing that's missing that I have seen a fair bit is crime and scams. People who are victims of crime can get dumped into the poverty trap through no fault of their own. For a while I was living in my car because my signature was forged by and an employer decided to simply opt out of payment. I took the employer to arbitration and won but that took 2.5 years - that's obviously a structural problem when eviction happens in 30 days.
One thing that's missing that I have seen a fair bit is crime and scams. People who are victims of crime can get dumped into the poverty trap through no fault of their own. For a while I was living in my car because my signature was forged by and an employer decided to simply opt out of payment. I took the employer to arbitration and won but that took 2.5 years - that's obviously a structural problem when eviction happens in 30 days.