The United States is the wealthiest country in the world, but your average person wouldn’t know that: median wealth in America is less than 1/3 of that in countries with lower inequality

It’s A “0.6%” World: Who Owns What Of The $223 Trillion In Global Wealth:

Interestingly, the ranking by median wealth is slightly different, favoring countries with lower levels of wealth inequality. As was the case last year, Australia (USD 195,000) tops the table by a considerable margin, with Japan, Italy, Belgium, and the UK in the band from USD 110,000 to 140,000, and Singapore and Switzerland with values around USD 90,000. The USA lags far behind with median wealth of just USD 55,000.

Pathetic. This is the result of having inequality comparable with Uruguay and the Phillippines. I mean really – here’s some countries we’re worse than: Iran, Nigeria, and Uganda. China has greater income equality than the United States!

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