r/SipsTea • u/DelicateAurora • 7h ago

Lmao gottem Valid point

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u/BillySmooth 7h ago

Not to mention vastly higher median wealth per person (UBS Wealth Report) in major European economies. The Americans can't even get money right, their only "thing".

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u/dsk83 2h ago

It works right if you're a billionaire

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u/bulbousgrandpa 4h ago

That's largely a result of Europeans inheriting houses, I don't think that's really a useful metric.

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u/BillySmooth 4h ago

Is that what the report says? I think some might be surprised to hear that Americans, with some of the highest levels of property wealth in the world, don't pass on their properties to children. I suspect that might not be the case.

You may wish to give the report a little read.