Fraser Nelson, over at the Spectator, has a little post about how the UK, Britain (the native home for both of us), is actually poorer than all but one of the US States. Tucking in right behind Alabama and just above Mississippi. Despite the fact that he once fired me [...]
Poorer?
That’s weird because in terms of Median Wealth (you know, the thing that decides rich/poor) the US is 21st in the world, the UK is 11th. (Pdf link: https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2022.pdf)
GDP doesn’t mean shit by itself.