Real headline: Australia has the highest median wealth. The US has the most total, Qatar has the highest GDP per citizen capita, and Switzerland has the highest mean wealth. Useful headline:...
Real headline: Australia has the highest median wealth.
The US has the most total, Qatar has the highest GDP per citizen capita, and Switzerland has the highest mean wealth.
Useful headline: Australia has the least poor people. Our class disparity is very good. Turning to shit lately though, give it time.
The measure of wealth used by the OECD is ‘mean net wealth per household’. This is the value of all of the assets in a country, minus all debts. Assets can be physical, such as buildings and machinery, financial, such as shares and bonds, or intangible, such as intellectual property rights.
You could argue the size of your family, or the level or fulfilment in life, happiness, other non material things. It's kind of wishy-washy though. There is a saying in Serbo-Croat ~ kids are the...
You could argue the size of your family, or the level or fulfilment in life, happiness, other non material things. It's kind of wishy-washy though.
There is a saying in Serbo-Croat ~ kids are the most important kind of gold/wealth.
They convert all currencies to the same base value so they can compare. The point is that Australia's wealth is more evenly distributed among its population than the USA's wealth. Even though the...
They convert all currencies to the same base value so they can compare.
The point is that Australia's wealth is more evenly distributed among its population than the USA's wealth. Even though the USA has more rich people, the wealth is concentrated among only a small number of people. They also have a lot of poor people. So, when you average the total wealth of the USA across the total population of the USA, they don't have a high median wealth per person.
Real headline: Australia has the highest median wealth.
The US has the most total, Qatar has the highest GDP per citizen capita, and Switzerland has the highest mean wealth.
Useful headline: Australia has the least poor people. Our class disparity is very good. Turning to shit lately though, give it time.
It's almost like a higher minimum wage is more beneficial to the lower class or something.
How is wealth defined? The value of everything you own?
According to this article posted here later by @patience_limited...
I assume so. What else would it be?
You could argue the size of your family, or the level or fulfilment in life, happiness, other non material things. It's kind of wishy-washy though.
There is a saying in Serbo-Croat ~ kids are the most important kind of gold/wealth.
That'd be a pretty pointless argument...
They convert all currencies to the same base value so they can compare.
The point is that Australia's wealth is more evenly distributed among its population than the USA's wealth. Even though the USA has more rich people, the wealth is concentrated among only a small number of people. They also have a lot of poor people. So, when you average the total wealth of the USA across the total population of the USA, they don't have a high median wealth per person.
The reason you can't apply a "joke" label to your own comment is to discourage people from posting jokes.