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re: Wealth-to-GDP Ratios in the U.S. Since 1945
Posted on 6/23/12 at 1:05 am to Doc Fenton
Posted on 6/23/12 at 1:05 am to Doc Fenton
quote:
(A) inflation has to erode the amount of services that can be bought,
This is already the case from my perspective. Other tha home values which are recovering, everything else seems to be more expensive.
Posted on 6/23/12 at 3:05 pm to davesdawgs
For (A) I sort of had 1970s style inflation in mind.
Anyhoo, I stumbled across this--extremely dubious-- national wealth list on Wikipedia, and according to it ... we poor.
Per Capita Wealth by Country
Switzerland -- $648,200
Australia -- $381,277
Japan -- $275,377
France -- $259,886
Germany -- $220,474
Singapore -- $195,490
United States -- $184,000
Taiwan -- $183,794
United Kingdom -- $182,825
Canada -- $173,913
South Korea -- $127,263
Russia -- $38,709
Anyhoo, I stumbled across this--extremely dubious-- national wealth list on Wikipedia, and according to it ... we poor.
Per Capita Wealth by Country
Switzerland -- $648,200
Australia -- $381,277
Japan -- $275,377
France -- $259,886
Germany -- $220,474
Singapore -- $195,490
United States -- $184,000
Taiwan -- $183,794
United Kingdom -- $182,825
Canada -- $173,913
South Korea -- $127,263
Russia -- $38,709
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