Is India rich or poor? Why do beggars on the street have gold earrings on their ears?

There is a big gap between the rich and the poor in India, so there are many beggars in India. There is a reason why Indian beggars have gold earrings on their ears. Of course, gold is relatively stable. For poor real estate in India, it is more reliable to exchange real estate for gold and silver.

1, this is their only choice, otherwise the hard-earned money will become a water ticket.

Not all people in India are crazy about gold, only gold is stable. Now beggars wear gold ornaments, because India's banking industry is underdeveloped, there are not so many wealth management products, and the real estate market is underdeveloped. They have no choice but to buy gold to store their wealth.

All people in India believe in religion, and gold is very auspicious, so both the poor and the rich should bring gold.

India's gold is equivalent to our country's jade, which can ward off evil spirits. India is a country where almost everyone is religious, and 80% of Indians believe in Hinduism. In the traditional teachings of Hinduism, gold is not only wealth, but also a symbol of luck and prosperity, which is very auspicious. People in China like jade, because in the traditional concept, jade can support people and prolong life. Indians wear gold just as China wears jade.

Indians love face, even beggars should bring gold.

Face-saving Indians regard gold as face. Without gold, they feel less when they go out. So everyone is rich in gold and jade, especially for a man, how much gold jewelry his wife has determines his position in social occasions.

Of course, India's economy has developed in recent years, but the development is uneven, the gap between the rich and the poor is getting bigger and bigger, and social contradictions are more common. So many people change their property into gold, which is more stable and avoids property depreciation.