List of countries by wealth per adult
- Thread starter Trader R
- Start date
Do you believe the numbers on Greece and Cyprus?
Why do you think they're incredible?
Yes I do; as per wiki Greece has higher median wealth than UAE, Netherlands and Germany. Having recently been to Cyprus I have not seen any industry other than tourism and money laundering for Russian ( yes there is very small agricultural sector) and Eastern European elite...
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Apropos of ?
BTW, the manner in which that is sorted, by median versus mean wealth, makes it more a measure of income equality than what one would immediately think it's showing, total wealth divided by total adults. Hence Greece above Germany, even though it's less than half the mean wealth.
BTW, the manner in which that is sorted, by median versus mean wealth, makes it more a measure of income equality than what one would immediately think it's showing, total wealth divided by total adults. Hence Greece above Germany, even though it's less than half the mean wealth.
What makes Greek numbers suspect in my view is the brain drain even if those numbers do not show mean wealth....
https://www.elitetrader.com/et/threads/greeces-brain-drain.334657/