List of countries by wealth per adult

Discussion in 'Economics' started by Trader R, Oct 25, 2019.

  1. Trader R

    Trader R

  2. dealmaker

    dealmaker

  3. d08

    d08

    Why do you think they're incredible?
     
  4. dealmaker

    dealmaker

    Yes I do; as per wiki Greece has higher median wealth than UAE, Netherlands and Germany. Having recently been to Cyprus I have not seen any industry other than tourism and money laundering for Russian ( yes there is very small agricultural sector) and Eastern European elite...
     
    Last edited: Oct 27, 2019
  5. Sig

    Sig

    Apropos of ?

    BTW, the manner in which that is sorted, by median versus mean wealth, makes it more a measure of income equality than what one would immediately think it's showing, total wealth divided by total adults. Hence Greece above Germany, even though it's less than half the mean wealth.
     
    d08 likes this.
  6. dealmaker

    dealmaker

    What makes Greek numbers suspect in my view is the brain drain even if those numbers do not show mean wealth....

    https://www.elitetrader.com/et/threads/greeces-brain-drain.334657/