Yeah, I looked up some random articles and it looks like for the US it takes $5-10+ million to be in the top 1% of net worth, while globally I saw numbers under one million.
And according to one article that’s a bit old, $100K net worth puts you in the top 10% globally, and just $5,000 puts you in the top half.
That money only really makes wealthy Americans better off in living standards though, someone making 35k in France or 40k in Germany has a vastly better life than someone making 80k in a mid-high cost of living area in the USA.
On paper only. Two parents working a combined 90 hours a week to own a tiny piece of socially isolated car dependent urban sprawl is dystopian as fuck.
Europeans are much poorer individually by American metrics, but that is because they sacrifice individual wealth for collective wealth. They have great cities that they fight to make better for everyone.
Indeed. I have said a few times on here, usually in response to some rugged individualism argument, that anybody with the ability to read my words you are currently reading is among the luckiest humans to ever have lived. And even pretty high up there among the current living population.
Some people are so addicted to complaining that they have no perspective, at all.
The global 1% have much less money than the country’s 1%
Yeah, I looked up some random articles and it looks like for the US it takes $5-10+ million to be in the top 1% of net worth, while globally I saw numbers under one million.
And according to one article that’s a bit old, $100K net worth puts you in the top 10% globally, and just $5,000 puts you in the top half.
That money only really makes wealthy Americans better off in living standards though, someone making 35k in France or 40k in Germany has a vastly better life than someone making 80k in a mid-high cost of living area in the USA.
Yep. US Americans often have no idea how rich they are
On paper only. Two parents working a combined 90 hours a week to own a tiny piece of socially isolated car dependent urban sprawl is dystopian as fuck.
Europeans are much poorer individually by American metrics, but that is because they sacrifice individual wealth for collective wealth. They have great cities that they fight to make better for everyone.
Indeed. I have said a few times on here, usually in response to some rugged individualism argument, that anybody with the ability to read my words you are currently reading is among the luckiest humans to ever have lived. And even pretty high up there among the current living population.
Some people are so addicted to complaining that they have no perspective, at all.