Contributing editor at Arena Magazine
San Clemente, CA
Based in United States
- Tweets 9,756
- Following 391
- Followers 1,711
- Likes 26,992
The median U.S. white/Asian net worth is comparable (2/3 of population and comparable demographics to Australia). And only 40-50% of US net worth is housing versus 70% for Australia. The higher net worth is mostly the world’s biggest housing bubble.
The wealth in the U.S. is in the suburbs where most people live, not the city centers like most countries (which is where poor & homeless people are in the U.S.). Go to any suburban area, where most tourists never go, and you will see where the wealth is at. The homeless you see are drug addicts, not people who are down on their luck.
2
14
1,103
IDK why Ford or Canadians in general got the idea they could cut the U.S. off from electricity. The U.S. imports less than 1% of its electricity from Canada and it can be easily replaced from other parts of the grid and Canada imports a ton of electricity from the U.S. when hydro resources run low.
11
Housing wealth comprises ~60% of net worth in many European countries compared to ~40% for the median white/Asian American, who are very wealthy in comparison to other developed nations. Non-Asian minorities have a similar % to countries like Italy, Germany, and the Netherlands.
What makes the U.S. unique is so many people have much of their net worth in equities due to 401Ks.
13
1,281
Also, what happens when the city grocery stores lose a lot of money that they don’t have the tax revenue to pay for because they are operating at a loss. Or when they drive private grocers out of business while at the same time being unable to keep up with demand and running out of staples. This will lead to food shortages.
13
No, it doesn’t. The knife murder rate is essentially identical, but knife crime incidents are far more common in London than in NYC. And per FBI data, black males (6-7% of US population) commit ~60% of murders. Again, avoid certain populations in the U.S. and you will be fine. But in London, knife crime affects a wide range of people.
22
The British median is highly inflated due to factoring in the future value of pensions. And the U.S. number is impacted by the very low black and Hispanic numbers.
The median White/Asian American is wealthier than anyone except for a tax haven that doesn’t count half its workforce and two fellow Anglo settler colonies that have the most inflated home values in the world.
5
11
1,066
It’s true. Soccer is extremely boring and only popular because it is a simple game poor people can play.
youtu.be/AnTLI-cAMzo?is=vSJm…
1
133
92% of Americans have insurance and most who don’t qualify for free/discounted coverage.
The U.S. doesn’t ration care and has higher quality services, minimal wait times, and higher paid healthcare workers.
And the infant mortality rate is due to counting extremely premature live births plus an abysmal black infant mortality rate.
1
2
36
You also need to factor in racial differences. The U.S. white/Asian population (2/3 of population) have amongst the highest median wealth figures in the world with only a tiny tax haven that doesn’t count half its workforce & 2 countries with the most inflated housing costs close.
322
The U.S. white/Asian population (2/3 of U.S.) are essentially the richest people in history with only a tiny tax haven that doesn’t count half its workforce and two fellow Anglo settler countries with the most inflated housing costs in the G-20 ranked higher at the median level. And 18% of U.S. households are millionaires, so it is far from a few oligarchs.
4
1
17
805
