[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.