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High GDP per capita != rich. How about financial wealth per adult? https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult https://en.wikipedia.org/
by okl 6y ago
High GDP per capita != rich. How about financial wealth per adult? https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
- sandworm101 6y agoSuch as median wealth per adult? USA is #22, behind the likes of Spain, Italy, Japan, Canada and Australia. Nobody debates that the US has an elite pool of the super-rich. They do run the show, but that doesn't make the country as a whole very wealthy.
- tarboreus 6y agoIt's the richest country in the world by GDP. Possibly also by wealth, though we're in hock, our fixed assets are worth ridiculous amounts. The wealth is extremely poorly spread out, however. So it depends on how you want to slice it.
- sandworm101 6y agoLargest yes, but "richest" suggests some sort of per-person metric. A hypothetical country with ten billion people could have a very large GDP or asset pool while still being very poor.