3 ms·
> In the US four in ten people can’t come up with $400. I'm pretty sure this is due to some really poor surveys, not the actual state of things. There's a numb
by DuskStar 7y ago
> In the US four in ten people can’t come up with $400.
I'm pretty sure this is due to some really poor surveys, not the actual state of things. There's a number of debunkings, too. [0]
> America might have the greatest level wealth inequality in the world.
According to Wikipedia, the gini wealth coefficient list (as of 2000) goes Namibia, Zimbabwe, Denmark, the world as a whole, Switzerland, and then the US. [1] Most people would not consider Denmark to be a particularly unequal country. For more recent numbers it seems that Russia, India, Thailand, Indonesia, Brazil and China all have a higher proportion of wealth in the hands of the 1% than the US does. [2] That's as of 2016, and I don't think the US was able to 'catch up' that much in the past 3 years.
0: https://www.bloomberg.com/opinion/articles/2019-06-04/the-400-emergency-expense-story-is-wrong https://www.bloomberg.com/opinion/articles/2019-06-04/the-40...
1: https://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth https://en.wikipedia.org/wiki/List_of_countries_by_distribut...
2: https://www.statista.com/chart/6908/the-worlds-most-unequal-countries/ https://www.statista.com/chart/6908/the-worlds-most-unequal-...