4 ms·
Well people here keep ranting about 1 percenters without ever realizing that >$100K earners are among one percenters in the world.
by geodel 8y ago
Well people here keep ranting about 1 percenters without ever realizing that >$100K earners are among one percenters in the world.
- georgespencer 8y agoYou're right that a few people do, although I think most people realise how deeply fortunate we all are to have won to at least some extent a genetic and [entirely separate] geographic lottery.
- mamon 8y agoActually, the threshold to be in top 1% income bracket worldwide is $32,400 https://www.investopedia.com/articles/personal-finance/050615/are-you-top-one-percent-world.asp https://www.investopedia.com/articles/personal-finance/05061...
- zjaffee 8y agoThis number is both old and in nominal terms. A person making 50k USD in China is likely richer than a person in the US making 100k USD in the US. http://pubdocs.worldbank.org/en/771271476908686029/Segal.pdf http://pubdocs.worldbank.org/en/771271476908686029/Segal.pdf suggests that the number to be in the global 1% is around $50,000 PPP per person in a given household.
- mensetmanusman 8y agoExcept that the Chinese person is a prisoner in their own country, and the American could move to China to have a higher quality of life outside of the polluted cities.