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b_b · 3662 days ago · link · · parent · post: The World's 85 Richest People Are as Wealthy as the Poorest 3 Billion
Yes, inequality is a complicated enough issue without attention grabbing headlines that detract from the real numbers. Anyone who has a good middle class job, but who happens to be underwater on their mortgage may contribute a negative number to the "wealth of the poorest" people. That doesn't mean that person is worse off than the single mother who makes $15,000/year, but who doesn't have any serious debt liabilities.