It might be true that European have higher median net worth but Americans have higher disposable income (after adjusting for price differences between countries, government cash transfers and taxes) than most countries. It’s important to note that net worth is dependent not only on how much you earn but also how much you save and invest and how much you borrow. None of this is to say that inequality and net worth don’t matter but Americans could learn to plan out their finances a little more

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If you’ve ever been to Europe for a meaningful span of time outside of the tourist bubble you’d know that the degree of consumption and material goods available to a European citizen is far below that of Americans. Not sure what metric this is using

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