3 ms·
>The bottom 50% in America is likely the top 20% somewhere else (I'm making all of this up, of course). Then the bottom 50% of that 20% is likely the top 1% som
by pytester 7y ago
>The bottom 50% in America is likely the top 20% somewhere else (I'm making all of this up, of course). Then the bottom 50% of that 20% is likely the top 1% somewhere else. And on and on it goes.
This is if you don't take into account purchasing power parity and the relative expense of things like education, medical care and housing.
Being homeless in San Francisco isn't going to be as fun than being, say, lower middle class in Uruguay even if your nominal income is higher.