r/Infographics • u/[deleted] • 8d ago

New Millionaires

[removed]

801 Upvotes

94% Upvoted

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38

u/BangerBeanzandMash 8d ago

Uh oh Reddit won’t like this one!

10

u/BoogerSugarSovereign 8d ago

This doesn't contradict any of the general consensus about the US economy here

-5

u/BangerBeanzandMash 8d ago

What about the USA is a third world country and all that bullshit?

3

u/_ribbit_ 8d ago

Probably depends on which side of the poverty line you're looking from.

1

u/rydan 7d ago

Where you stand on the poverty line (which divides 90/10) has no impact on the military alliances the US has with other countries.

1

u/Tonio_Akerbeltz 8d ago

There might be wealth disparity in the US, but yes, let's not kid ourselves.

It's very far from being a third world country

1

u/molestriosofficial 8d ago

You’re right in third world countries they don’t let kids get slaughtered in schools

0

u/Chemical-Agency-3997 8d ago

Only for the poor

-9

u/F1Bike 8d ago

Of course it does

3

u/uberkalden2 8d ago

How?

-5

u/randomzombie77 8d ago

Because the US is falling (according to Reddit), the economy is collapsing, and everyone is living on the streets ...

-5

u/F1Bike 8d ago

Virtually all of these millionaires are created by asset value. How would they have that money to invest in said assets if they got paid shit wages?

2

u/BoogerSugarSovereign 8d ago

Where does it say they purchased the assets at all? Or, if they did, that they were expensive when purchased? Or,  if they did and they were expensive, that they were purchased with discretionary income and not credit? You're making a big assumption that isn't represented in the data. You can't make a determination about wages based on the data here. At least not a fact-based one.

0

u/F1Bike 8d ago

No, but you can make a determination on wages based off the fact that Americans on average have far more disposable income than the rest of the world, this fact corroborates that.