Sep 9, 2014

wealth redistribution

Just playing Devil's advocate. If all wealth was redistributed in the U.S. what would it look like.

Total estimated wealth in the U.S. ~ $17.5 trillion.
Population ~ 300m.

Average payout - $58k.

So in a family of four if your net worth is over $200k (e.g., you own a house) you are going to be losing wealth on redistribution.

Worldwide it's even worse.

Worldwide wealth is estimated at $241 trillion. Divide by 7 billion and you get $35k.

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