[BizarroLand]

You're talking about the lottery winners, comparing the wealth and opportunities of the top 50,000 Americans to the average joes of the world and overlooking the reality of the other 369,950,000 Americans who have roughly the same quality of life that the people in your country do.

I'm from Pine Ridge Indian Reservation, the poorest location in America. I have memories of my uncles sleeping in the snow, 14 people stuffed into a 2 bedroom home, dirty streets and boredom being the norm, no jobs and what little money was to be had spent across state lines in White Clay for cheap liquor.

There are far more of people like us than there are the people living the lifestyles of the rich and the famous. Don't stab your brother in the back in hopes of being one of them.

[ahmeneeroe-v2]

This comment is as out of touch with middle class Americans as those "top 50k" are with the middle class.

There is a huge gulf between the poorest 10% and the top 50%.

[BizarroLand]

Half of the American population are contained in the bottom 10% of wealth in America.

Every other American is in the bottom 10%, and 1 in ~7,500 are in the top 10%.

If I were a gambling man I wouldn't take those odds.

[ahmeneeroe-v2]

1 in 10 Americans are in the top 10%.

1 in 10 Americans are in the bottom 10%.

[atmavatar]

I'm pretty sure GP was talking more about which groups own which percentage of wealth in America

i.e., the bottom 50% of Americans population-wise own 10% of the overall wealth, while the top 7,500 people (0.002% population-wise) own 10% of the overall wealth.

That said, those numbers are actually overly optimistic. The wealth chart offered up by the federal reserve show the bottom 50% population-wise only own 2.5% of the wealth. Particularly alarming (though not surprising) is how much that share has shrunk in the last 20 years.

See: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...

[ahmeneeroe-v2]

Oh that makes much more sense, thanks for clarifying.

Still, a quick google search says Europe's bottom 50% own only 1.2% of the wealth there.

[bestouff]

Maybe. But they have free healthcare and a better living.