this post was submitted on 27 Oct 2023
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Interesting Global News

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What is global news?

Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.


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[–] [email protected] 60 points 11 months ago (1 children)

The median is 192,700. Billionaires have so much wealth they skew the average by over 800, 000.

[–] [email protected] 8 points 11 months ago

Was gonna ask that question. Thanks.

[–] [email protected] 15 points 11 months ago (2 children)

That is really interesting to me. So they add up all the household wealth and divide it by the number of households and the result is a million per household. We would all be millionaires if it were spread out evenly.

[–] [email protected] 5 points 11 months ago (1 children)

They should include median for context, since the ultra wealthy really skew the numbers.

[–] [email protected] 5 points 11 months ago (1 children)

Like, one of the first sentences includes the median....it's $192k.

[–] [email protected] 4 points 11 months ago

I meant in the headline, but should have said it out old.

[–] [email protected] -4 points 11 months ago* (last edited 11 months ago) (1 children)

You may want to have a word with Ellen Monk about your share in their bank account. Pronouns withheld to not assume their gender.

[–] [email protected] 1 points 11 months ago

We could always print a fuckton of dollars and hand them out to people evenly. Then we wouldn't need to touch his accounts. Prices would skyrocket but you could just invent a new, larger unit of currency equal to x number of dollars

[–] [email protected] 11 points 11 months ago

And yet the average household can’t afford a major health crisis, or a house, or to retire.

[–] [email protected] 7 points 11 months ago

Now what's the median

[–] [email protected] 6 points 11 months ago

So if we eat the rich we could all be millionaires. bridget-smug

[–] [email protected] 5 points 11 months ago (1 children)

This is misleading clickbait.

[–] [email protected] 2 points 11 months ago

Well, they are statically correct. The average stand around a million. If we take a look at the quartiles, the median stands around 192,700, as a comment above said.

[–] [email protected] 5 points 11 months ago* (last edited 11 months ago) (2 children)

Meaningless. Whats the median

[–] [email protected] 3 points 11 months ago

Literally one of the first things in the article.....$192k.

[–] [email protected] 1 points 11 months ago

Not meaningless. Its a great indicator of wealth inequality

[–] [email protected] 4 points 11 months ago

LMFAO. Maybe today should just be my last day, because everything is just constantly worse and worse.

[–] [email protected] 3 points 11 months ago

And now that without the zop 0,1%