From rags to riches in the west (for some) may have been true once but times have changed, in Europe and America most people live from pay cheque to pay cheque, rents have become almost unaffordable let alone buying a house. The amount of wealth has already been carved up and the greater part belongs to very few, the majority can scramble for the left over crumbs. This is why politics is becoming so extreme, people are starting to vote for extreme left or extreme right, any demagogue who will promise to clear away the swamp seems better than the status quo, there is no room for discourse any more. Politically Thailand's constraints are more open, there is no shame and so no need for the grey Eminence in the shadows who really control. Wealth disparity in Thailand is no different except that the people in general seem happier than those in the west. As for debt, that is usually a choice, although in America especially, many are having to use their credit cards at 20% interest just for basics whereas in Thailand it is for commodities, like a motorbike or a smart phone, the basics are mostly taken care of. Wealth disparity in the whole world is huge, it doesn't matter where one lives. History has shown that when it gets too great the guillotine gets erected or dictatorships in the guise of communism sweeps through the land compounding the misery. We live in interesting times.