8PVzDjDw7y

A few years ago, researchers @NJCummins @GregoryClarkUCD tracked how the descendants of rich people who died between 1858-1887 got on.

Britain has since gotten more equal. But 5 generations later, those families who were rich in Victorian Britain were still rich in the 2000s!

It's therefore not surprising that the link between your parents' income and yours is strong in Britain, at least compared with other countries

In the Nordic countries, where wealth is distributed more evenly, it's harder to predict what you'll earn by looking at your parents

British families have always been good at passing down wealth.

But today, it matters more, even if millennials won't inherit until they're 61.

Young people are much less wealthy than their parents were at the same age..

How did this happen? Three things stand out..

💰 Final salary pension schemes - many of which are now closed - allowed baby boomers to accumulate huge sums of wealth

📈 Stock market performance since the 1980s

🏡 The third is property. Baby boomers bought much earlier than Millennials did.

This meant they were able to benefit from house price growth for longer…

… and there was *a lot* of house price growth since baby boomers have bought their homes.

British homes have soared in price more than any other G7 nation, thanks partly to tight planning rules

For property purchases in Greater London, the average first-time buyer deposit is now a whopping £125,000

Most people who do buy in the capital, therefore, are turning to their wealthier parents...

The bank of Mum and Dad lends
£7.4bn a year to property purchases, making it the tenth-largest lender in Britain.

In fact, we are very unusual in our gift-giving: 20% of 🇬🇧 under-35s have received a substantial gift, vs 2% of those in 🇺🇸

The trouble is, this isn't really evening out inter-generational inequality.

Research from @ThelFS shows that people on higher incomes are much more likely to receive cash from their family

Actually, as Lord Willets @resfoundation says, inheritance is much more egalitarian than gift giving, namely because home ownership is so high among pensioners…

More on what this means in tomorrow's Sunday Times

https://t.co/8PVzDjDw7y

List of companies with more than 50% Market Share:

1) Maruti Suzuki (passenger cars)
2) APL Apollo (structural & pre galvanized tubes)
3) CDSL (investors accounts)
4) Interglobe Aviation (air traffic passengers)
5) GMM Pfaudler (glass lined equipment)

6) Asian Paints (decorative paints)
7) Colgate (oral care)
8) Symphony (coolers)
9) PGHH (female care & vaporub)
10) La Opala Rg (opalware)
11) HLE Glasscoat (filtration & drying equipment)
12) Delta Corp (online poker games)
13) Bajaj Auto (3W segment)
14) Vinati Organics (IBB)

15) OCCL (insoluble sulphur)
16) LMW (textile machinery)
17) Bajaj Consumer (almond hair oil)
18) Indiamart Intermesh (online B2B Classified space)
19) Vst Tillers (power tillers)
20) Sanghvi Movers (overall domestic crane hiring market)
21) Emami (antiseptic & male grooming)

List of companies with more than 60% Market Share:

1) Concor (domestic container cargo transport)
2) Exide (lead batteries)
3) Naukri (Indian job market space)
4) Praj (ethanol plant installing)
5) ACE (mobile & tower cranes)
6) Pidilite (adhesives)
7) Jamna Auto (leaf spring)

8) CAMS (RTA within mutual fund industry)
9) Time Technoplast (polymer based industrial packaging)

$sriram \U0001f1ee\U0001f1f3$

sriram 🇮🇳...
@SriramKannan77

Saptapadi

The most essential rite (Sanskrit: rītī) of a Hindu marriage ceremony is Saptapadi (English: seven steps, saptapadī). Saptapadi is a Sanskrit term that means "seven steps." The wedded couple walks seven steps after tying the Mangalsutra, which is known as Saptapadi.

The couple legally becomes husband and wife after the seventh step.
Hindu wedding rituals: During Saath Phere, the bride and groom exchange their marital vows while circumambulating (walking around) the sacred fire seven times.

This is because the bride and groom exchange marriage vows and hope for a happy married life together.

1. The first marriage vow, out of seven, is a petition to the Lord for nutrition and nourishment for the Hindu bride and groom.

2. Hindu Bride and Groom: The second marriage promise is for strength in sickness, health, good times, and terrible times.

3. For the Hindu Bride and Groom - The third marriage promise is for the Hindu bride and groom's prosperity.

4. For Hindu Bride and Groom - The fourth pledge is to stand by their families in good times and bad.

Daoyu
@Daoyu15

@franciscodeasis https://t.co/OuQaBRFPu7
Unfortunately the "This work includes the identification of viral sequences in bat samples, and has resulted in the isolation of three bat SARS-related coronaviruses that are now used as reagents to test therapeutics and vaccines." were BEFORE the

chimeric infectious clone grants were there.https://t.co/DAArwFkz6v is in 2017, Rs4231.
https://t.co/UgXygDjYbW is in 2016, RsSHC014 and RsWIV16.
https://t.co/krO69CsJ94 is in 2013, RsWIV1. notice that this is before the beginning of the project

starting in 2016. Also remember that they told about only 3 isolates/live viruses. RsSHC014 is a live infectious clone that is just as alive as those other "Isolates".

P.D. somehow is able to use funds that he have yet recieved yet, and send results and sequences from late 2019 back in time into 2015,2013 and 2016!

https://t.co/4wC7k1Lh54 Ref 3: Why ALL your pangolin samples were PCR negative? to avoid deep sequencing and accidentally reveal Paguma Larvata and Oryctolagus Cuniculus?