It's hard to actually understands the current state of our economy and I doubt I do to any significant degree, but from what I gathered from your linked article, they're purely looking at net-worth.
This ignores inflation and rising housing costs etc.
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It's hard to actually understands the current state of our economy and I doubt I do to any significant degree, but from what I gathered from your linked article, they're purely looking at net-worth.
This ignores inflation and rising housing costs etc.
I guess I'm not understanding the difference between net-worth and wealth in economic terms here then. I assumed they were roughly equivalent.