3 ms·
This isn't (quite) true. On a continent,-wide level it is, and US incomes are significantly higher. But US wealth levels are below most of Western Europe, incl
by dukeyukey 5y ago
This isn't (quite) true.
On a continent,-wide level it is, and US incomes are significantly higher. But US wealth levels are below most of Western Europe, including France, the UK, Ireland, even Italy and Spain. Plus Canada/Australia/New Zealand for good measure.
https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_...
That said, I thoroughly disagree with the characterisation of the US as "a third world country with a Gucci belt".