America is not the richest country in the world. America has the highest number of billionaires and elite class. amirite?

It's literally the richest country in the world by any possible metric though.

by Anonymous 6 months ago

those statistics are all per capita based. Easy to maintain a high income when monaco's population is 36,297 as of 2023 and they ship in their workers from across the border daily. same with billionaires per capita, usa has 300 million people.

by Aware-Television 6 months ago

So what? Did that add up anything to your bank account? We get rallied up when stocks go up and down but this is not our game. Average American is struggling to get by? Talking about the narrative and its tentacles and how skewed the conversation is when we don't hold any of the cards. Albeit once every 4 years we get some attention

by Hour_Marionberry 6 months ago

Oh I see. "I'm poor, so is everyone else"

by Lorenadonnelly 6 months ago

And here come a parade of people that will throw out figures about people and not countries. The claim is not "Americans are the richest people", which is a very different proposition.

by medhurstdarian 6 months ago

Except the life expectancy….. it all depends how you define "rich"

by Watersaubrey 6 months ago

Yeah if you ignore its definition and make one up

by Anonymous 6 months ago

Yes but have you considered that Norway has the highest happiness AND wealth per small, homogeneous monarchist ethno-states with a sovereign wealth fund due to North Sea oil exploration & production?

by kennedihilpert 6 months ago

I think people just don't understand the sheer variety of how people live in the US. If someone went to the absolute poorest areas and nowhere else, they'd likely think they were in a developing country.

by Mountain-Trash 6 months ago

By recent metrics, it has one less.

by Anonymous 6 months ago

"richest" should be median (so no billionaires) income per person adjusted for taxes and cost of living. We find that Luxembourg is the "richest", then followed by Norway and then very closely the US. Simce luxembourg is so small we can ignore it. Leaving Norway a fairly small oil rich nation. Now there are things to account for however the median income per person in such a large country as the US is remarkable. That is, unless you're seriously or chronically sick lmao gl americans (laughing in universal healthcare)

by Anonymous 6 months ago

I remember reading that the UK has higher median net worth than the US, but the reason for that was that average age in America was several years younger, and that come retirement they were richer. It's one of them where all metrics have issues

by Huelsbraxton 6 months ago

In terms of dollars, yes America is still the richest. (GDP nominal) In terms of how far those dollars stretch China takes the win. (PPP)

by tyshawn65 6 months ago

tf u talking about

by Anonymous 6 months ago

The first part of your sentence was true but the second is grossly inaccurate. The U.S. dollar is still world's currency by a wide margin and our dollars take us virtually anywhere very far.

by Anonymous 6 months ago

I was talking about China's economy having more value when considering the parity, not about the actual US dollar

by tyshawn65 6 months ago

That's not what they're referencing. They're describing the purchasing power, as in how much you can get with the average person's salary, not how powerful their currency is.

by Status-Sample-104 6 months ago

I think you completely misunderstood what he said

by Anonymous 6 months ago

If it makes you feel better no one particularly believes what the US says about itself either. It's almost as trustworthy as China

by Financial_Watch 6 months ago

Yes, I wanted to talk about the narrative rather we keep telling ourselves every time we complain about not having one payer healthcare or being drowned in any kind of debt

by Hour_Marionberry 6 months ago

I was challenging more of the narrative rather than the actual facts as my fellow Americans always start a wondering argument with that phrase

by Hour_Marionberry 6 months ago

Umm... GDP my brother in christ.

by yspencer 6 months ago

GDP doesn't make you rich. Just means you have high income. Let's talk about US debt

by Financial_Watch 6 months ago

Only North America is and I have no idea about South America since it's not run by Biden.

by LibrarianOrdinary 6 months ago

Could we please not play the game where we pretend to be confused about what "American" means.

by Intelligent-Tax 6 months ago

America is not the richest country in the world Yes. It is. Worth changing our own narrative Ok. To what? "when the elites or ruling class will allow or succeed to our demands, at what point?" What?

by Anonymous 6 months ago

Talking about the class divide and the working class demand to exist. That conversation is what I meant

by Hour_Marionberry 6 months ago