6 ms·
That data seems really suspicious as looking at salaries in Italy/Spain I find it hard to believe Germany is so much poorer (even in the mean, let alone the med
by alexgmcm 6y ago
That data seems really suspicious as looking at salaries in Italy/Spain I find it hard to believe Germany is so much poorer (even in the mean, let alone the median).
Although I checked the data here:
https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
and it agrees more or less with that graph.
That's so weird and totally non-intuitive. I wonder what the cause is?
EDIT: It seems income inequality isn't so bad, but wealth inequality is. https://en.wikipedia.org/wiki/List_of_countries_by_income_equality https://en.wikipedia.org/wiki/List_of_countries_by_income_eq...
I guess this is due to low rates of home ownership in Germany causing wealth to be concentrated among relatively few landlords?