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America isn't rich?

• sonnyblarney 8y ago
  Norwegians are per capita significantly richer than Americans. GDP per capita is a lot higher, and they have a sovereign wealth fund that owns almost 2% of all public stocks in the entire world. So 'America is rich' and Americans on average have quite a lot of cash, but overall, not so much as they will flip to electric at a $40K price tag. The Norwegians will flip to 100% electric soon. Also for social/political reasons as well though. Kuwaitis are rich but they're not going electric anytime soon.