Brit here. I wouldn't read "... but excludes debt" as meaning "... but subtracts debt from people's wealth when doing statistics", no. I'd guess I'm about as su

Brit here. I wouldn't read "... but excludes debt" as meaning "... but subtracts debt from people's wealth when doing statistics", no. I'd guess I'm about as surprised to see it being used that way as an otherwise-similar non-Brit.