According to Oxfam, you too have more wealth than hundreds of millions of people. They're counting net worth, and lots of people are in debt.
If you use a metric which is more in line with subjective wealth -- say, assets or sustainable annual consumption -- then the it doesn't seem anywhere near as crazy.
Basically, Oxfam is exploiting a bug in how people misunderstand wealth.
If you use a metric which is more in line with subjective wealth -- say, assets or sustainable annual consumption -- then the it doesn't seem anywhere near as crazy.
Basically, Oxfam is exploiting a bug in how people misunderstand wealth.