☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Economics@lemmygrad.mlEnglish · 8 days agoThe bottom 50% in China has double the average net worth of the bottom 50% in the US. This is despite China having 1/3rd of the GDP per capita (adjusted for purchasing power) of the US.lemmygrad.mlimagemessage-square18linkfedilinkarrow-up183arrow-down11file-text
arrow-up182arrow-down1imageThe bottom 50% in China has double the average net worth of the bottom 50% in the US. This is despite China having 1/3rd of the GDP per capita (adjusted for purchasing power) of the US.lemmygrad.ml☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Economics@lemmygrad.mlEnglish · 8 days agomessage-square18linkfedilinkfile-text
https://wid.world/share/#0/countriestimeseries/ahweal_p0p50_z/US;CN/2019/eu/k/p/yearly/a/false/-4297.1145/8000/curve/false
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up24·8 days agoI disagree because American dependency on debt is precisely what makes Americans so vulnerable during economic crises.
I disagree because American dependency on debt is precisely what makes Americans so vulnerable during economic crises.