this post was submitted on 15 Aug 2024
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1-I believe it, but I still want to see some sources
2-GDP (while NOT worthless) can only tell us so much and can easily be misconstrued into "all wealth ever" by those who don't understand it
3-What about off-shore tax havens? I don't have any data on hand, but I feel like a decent chunk of that 50% rests in accounts in places like Ireland, Singapore, or the Cayman Islands
4-Curious to see how California alone would affect this data
5-"Oh, people can come up with statistics to prove anything, Kent. 14% of people know that" --Homer Simpson