freeze dried long term and food

   / freeze dried long term and food #31  
Apparently, according to that site, it's a bit higher in the US:

"Not surprisingly, it takes a much higher income to crack the top 1% of wage earners in just the United States. You’d have to make $421,926 to make the cut, according to a 2018 report by the Economic Policy Institute."

yes. it is sometimes interesting to see how we all compare to the rest of the world. also, if you read that article further, while you have to make $421,926 per year to be a top 1% wage earner in the U.S., you only need $770,000 in assets to be a top 1% net worther in the world. That number is more than easily obtainable on average wages for a single person and double that for dual income average wage earners over the course of their working careers.

From the article:
"Americans rank extremely high in terms of household wages – fourth worldwide, according to the Organization for Economic Co-operation and Development (OECD) – but not as high when it comes to median wealth. In fact, the Credit Suisse Global Wealth Databook ranks the U.S. just 25th by this measure.
"
 
   / freeze dried long term and food #32  
^^^
That just goes to show how little overall monetary value matters. You can buy an entire village in another country for what an apartment might cost in a big city. Taxes and cost of living also affect overall value. Health care is another... there's a retired forester/ former peace corps worker downstate who goes to Ecuador every year and builds a hospital; not major operating facilities, he buys basic supplies like bandages. He said $100 goes a long ways.
His daughter died when she was young, and that's his way of honoring her memory.
 

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