US takes 'richest nation on earth' crown from Switzerland
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Re: US takes 'richest nation on earth' crown from Switzerland
#2I suspect using the median net assets instead of the average would lead to vastly different results.
Re: US takes 'richest nation on earth' crown from Switzerland
#3Couldn’t find any content here. Just a full page of ads.
Re: US takes 'richest nation on earth' crown from Switzerland
#4I suspect using the median net assets instead of the average would lead to vastly different results.
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Re: US takes 'richest nation on earth' crown from Switzerland
#5TIL Switzerland is the richest nation on earth. If I was going to guess, I probably would've guessed Saudi Arabia or Luxembourg.
Re: US takes 'richest nation on earth' crown from Switzerland
#6TIL Switzerland is the richest nation on earth. If I was going to guess, I probably would've guessed Saudi Arabia or Luxembourg.
Did you mean the US is?
Re: US takes 'richest nation on earth' crown from Switzerland
#7Are they including the billionaires in their statistics, and dividing the total sum by the population!?
Re: US takes 'richest nation on earth' crown from Switzerland
#8I suspect using the median net assets instead of the average would lead to vastly different results.
Actually the 20% poorest in the US has it better than the average EU middle class. Ref: https://www.google.com/amp/s/fee.org/articles/the-poorest-20...
Re: US takes 'richest nation on earth' crown from Switzerland
#9I suspect using the median net assets instead of the average would lead to vastly different results.
You don't need to suspect. Unlike this news, Global Wealth Report itself is a serious undertaking so it computes both median and average ranking. USA is #1 in average and #13 in median. Switzerland is #2 in average and #1 in median.
Re: US takes 'richest nation on earth' crown from Switzerland
#10Are they including the billionaires in their statistics, and dividing the total sum by the population!?
Yes.