Comment by broptimist
10 hours ago
This is untrue. https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
Median wealth per adult has the USA at #28, below Italy, Spain, Slovenia, and Portugal.
10 hours ago
This is untrue. https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
Median wealth per adult has the USA at #28, below Italy, Spain, Slovenia, and Portugal.
Income is the relevant metric. Most poor people (worldwide) have negligible savings.
USA 25th percentile 28k to 30k EU-27 50th percentile 24k to 26k.
This comment contradicts your earlier comment though, where you mentioned “poor people have”, a clear reference to wealth rather than earnings.
In the US people don't say "has money" as meaning net worth, they are generally talking about spendable money ie a paycheck unless you're talking about someone super rich who "has money" or "comes from money."
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> a clear reference to wealth rather than earnings.
No, sorry, it isn't. People commonly use the phrase "has money" to refer to income in American English.
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This is moving the goalposts. You said "have more money than."
Yes. Spendable money. Income. The common meaning of the phrase among non-rich people.