DebateGate
General Category => 3DHS => Topic started by: Plane on December 19, 2006, 12:06:23 AM
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http://articles.moneycentral.msn.com/News/StudyRevealsOverwhelmingWealthGap.aspx
But let's not feel too bad about ourselves, even if we do have a negative savings rate. The average wealth in the United States is $144,000 per person. In Japan, it's $181,000. Overall, wealth is mostly concentrated in North America, Europe and high-income Asia-Pacific countries. People in these countries collectively hold almost 90% of total world wealth.
Meanwhile, "many people in high-income countries have negative net worth and -- somewhat paradoxically -- are among the poorest people in the world in terms of household wealth."
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There was a while there when I was richer than Donald Trump , because I had a lessor debt.
Of course by these measures that time was when Donald Trump was the poorest man on earth because he had the biggest debt of all.