America is home to 4.23% of the world’s population and yet it nearly a fourth of the world’s GDP.
GDP can be confusing to some, so let us look at an easier-to-comprehend number. According to the UBS and Credit Suisse Global Wealth Report 2023, American households control over 30% of the world’s total household wealth.
That is 4% of the people owning 30% of the world’s wealth.
Within America, White America controls way more wealth than other significant minorities i.e. Blacks and Hispanics.
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