On: Why doesn't Britain make things any more? (2011)

[JanSt]

Welcome to HN! There are a lot of facts to find here.

Median wealth (USD) per adult:

#13 Spain 87,188

..

#15 Italy 79,239

..

#29 Germany 35,169

#30 Slovenia 34,043

https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...

[kipqi → JanSt]

https://en.wikipedia.org/wiki/Disposable_household_and_per_c...

[JanSt → kipqi]

Disposable income is not wealth

[kipqi → JanSt]

Wealth is useless. I bet Spaniards have more wealth because they own houses instead of renting. But that's some wealth they can't touch. What are they going to do, live under a bridge?

"poor" is simply a generic term, personally I think it's income what defines if you live a poor's life or a rich's life.

[JanSt → kipqi]

Not having to pay rent seems to be far from useless. Substract that rent from the disposable income and recheck the numbers.

Wealth is worth much more than income.