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That article actually says that the top 1% have 50% of the net wealth. But "net wealth" is a really weird statistic. The top 20% of the world has somewhere ar
by cperciva 10y ago
That article actually says that the top 1% have 50% of the net wealth.
But "net wealth" is a really weird statistic. The top 20% of the world has somewhere around 125% of the world's net wealth, because many people are in debt.