There is a mis-conception that American's are wealthy, you're not.

[magnetaress]

Rich ppl probably spend more in China overall than America.

China getting some big RnD and cool investments. Nothing can stop that.

[Jimjam]

Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]

Australia/GDP per capita
57,373.69 USD (2018)

United States/GDP per capita
62,794.59 USD (2018)

China/GDP per capita
9,770.85 USD (2018)

The point of the thread was to look at the wealth of the typical American, GDP/cap fails to do this as wealth is not evenly distributed. If you have a country where one person makes 7 billion and 6 other people make nothing the GDP/c would suggest the average person is a billionaire.

This is one of the reasons why the op looked at median wealth (the middle value), not gdp. It also helps to account for taxes, living costs and the ability to save too.

I’d love to see the mode wealth (most common value). This would be more informative about the typical person than GDP/c, income, mean wealth or median wealth.

[Cassawary]

Originally Posted by Jimjam [You must be logged in to view images. Log in or Register.]

The point of the thread was to look at the wealth of the typical American, GDP/cap fails to do this as wealth is not evenly distributed. If you have a country where one person makes 7 billion and 6 other people make nothing the GDP/c would suggest the average person is a billionaire.

This is one of the reasons why the op looked at median wealth (the middle value), not gdp. It also helps to account for taxes, living costs and the ability to save too.

I’d love to see the mode wealth (most common value). This would be more informative about the typical person than GDP/c, income, mean wealth or median wealth.

That's fair but China yammering is one of my triggers. [You must be logged in to view images. Log in or Register.]

[Thulian]

Originally Posted by Fame [You must be logged in to view images. Log in or Register.]

Chortled at dkp economy translation

All he knows is video games, he still has no job ( Going on years ) he is as much of an architect as george costanza

Also lol @ australia country is a big joke and everyone is dirt poor except .5%

[imperiouskitten]

Originally Posted by Fame [You must be logged in to view images. Log in or Register.]

Chortled at dkp economy translation

good post lol

[White_knight]

Originally Posted by Thulian [You must be logged in to view images. Log in or Register.]

All he knows is video games, he still has no job ( Going on years ) he is as much of an architect as george costanza

Also lol @ australia country is a big joke and everyone is dirt poor except .5%

Oh that's who this poster is.

How's the tomato's going? Still living at grandma's?

P.s. how do keep getting banned every 15 mins?

*Sips 5$ take away coffee*

[White_knight]

Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]

That's fair but China yammering is one of my triggers. [You must be logged in to view images. Log in or Register.]

I hate China yammering too, but faced the facts long ago as shit as it is they will be #1 economy soon.

Doesn't mean they are wealthy, lotta dirt poor people in China.

[BarnabusCollins]

Still living at grandma's? lmao

[Thulian]

Did you guys see the CEO of clorox on the news yesterday very cleverly not admitting textiles are STILL coming from china thats why there is a shortage?

Americans want everything american made but dont want to do any real work or want to be paid a retarded amount for it.

[imperiouskitten]

Originally Posted by Thulian [You must be logged in to view images. Log in or Register.]

Did you guys see the CEO of clorox on the news yesterday very cleverly not admitting textiles are STILL coming from china thats why there is a shortage?

Americans want everything american made but dont want to do any real work or want to be paid a retarded amount for it.

we honestly shouldn't have to work. our fathers conquered the Earth. we should sit like effendi and eat.