• Frank [he/him, he/him]
    ·
    2 years ago

    and only about 10% of the wealth of the median Belgian ($256,336).

    Wow genocide really pays well holy shit.

  • Barabas [he/him]
    ·
    2 years ago

    Have to assume this counts both Russia and Turkey as Europe, the UEFA way. The only large (population wise) countries other than them under the Chinese median are Ukraine, Romania and Poland.

  • LiberalSocialist [any,they/them]
    ·
    2 years ago

    China's average wealth, however, was still less than a third of the wealth of the median American ($93,271)

    Who the fuck...this has to count shit like your house, car etc right? Stuff you can't live without but are super expensive so you have to pay? Cuz there's no way the median American has like $90k lying around.

    • infuziSporg [e/em/eir]
      ·
      2 years ago

      Yes, this would have to be net worth per household, of which over 60% own home equity in America.

    • CheGueBeara [he/him]
      ·
      2 years ago

      Yes that counts all your "assets" with various estimates. All the crap you own. A number that high is definitely mostly about homeownership, though, which is roughly half the population. A homeowner with about $90k in assets is someone with a pile of junk and a car and a few years paying into the house and some savings. Or is someone with more years paying for the house but they're actually in debt so far as their liquid assets are concerned. Basically it's going to be dominated by newish homeowners.

    • zifnab25 [he/him, any]
      ·
      2 years ago

      I wonder how they count debt. Like, if you get a $30k car on a 7-year note, does that mean you have $30k in wealth? And does the bank that owns your note also get counted as having $30k in wealth?

      :-p So much of the American financial system is funky like that.