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Economics Discuss 25 Richest Countries in the World at the Political Forums; Interesting..... Very interesting if you're counting. 25 Richest Countries in the World The world's richest countries - Income inequality has ...

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Old 03-04-2018, 02:12 PM
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Default 25 Richest Countries in the World

Interesting..... Very interesting if you're counting.



25 Richest Countries in the World


The world's richest countries -

Income inequality has become a hot button political issue in the United States over the last several years. Unequal distribution of wealth is not an issue unique to the United States, however.

Related: Billionaires' wealth hits £4.6 TRILLION - but the super-rich fear the poor will 'strike back'

North America is home to fewer than 5% of the global population -- yet the continent’s combined gross domestic product accounts for over one-quarter of global economic activity. Meanwhile, South Asia is home to nearly one-quarter of the world’s population, yet the region's economic output accounts for less than 4% of global GDP.

While GDP is a practical way to measure the size of a given country or region’s economy, it does not accurately reflect the overall wealth of a population. Unlike GDP, gross national income, or GNI, accounts for all economic activity within a country’s borders in addition to wealth generated by nationally-owned entities operating abroad. Adjusted to the population and converted to U.S. dollars, GNI per capita is an accurate approximation of the average income of residents of a given country.

Using data from the World Bank, 24/7 Wall St. reviewed GNI per capita in over 170 nations to identify the 25 richest countries in the world. Worldwide GNI is about $10,300 /£7,700 per person. In the world’s 25 wealthiest nations, GNI per capita is far higher, ranging from $27,600 to over $82,300 (£20,625 - £61,500).

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https://www.msn.com/en-gb/money/mone...BGpchh#image=1
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Old 03-04-2018, 11:23 PM
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Default Re: 25 Richest Countries in the World

Tax the rich because the poor have no money to pay taxes
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Old 03-05-2018, 07:35 AM
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Default Re: 25 Richest Countries in the World

Is this an indication that North Americans are the most selfish and greedy? Or that they are the most industrious?

The American,/Western style economies do not accumulate the wealth of others. They create new wealth thru industy.
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Old 06-10-2018, 05:56 PM
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Default Re: 25 Richest Countries in the World

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Originally Posted by FrancSevin View Post
Is this an indication that North Americans are the most selfish and greedy? Or that they are the most industrious?

The American,/Western style economies do not accumulate the wealth of others. They create new wealth thru industy.
We have been: But I have to wonder at times about the foundation - and a saturation point.
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Old 06-10-2018, 08:24 PM
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Default Re: 25 Richest Countries in the World

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Originally Posted by mlurp View Post
Interesting..... Very interesting if you're counting.



25 Richest Countries in the World


The world's richest countries -

Income inequality has become a hot button political issue in the United States over the last several years. Unequal distribution of wealth is not an issue unique to the United States, however.

Related: Billionaires' wealth hits £4.6 TRILLION - but the super-rich fear the poor will 'strike back'

North America is home to fewer than 5% of the global population -- yet the continent’s combined gross domestic product accounts for over one-quarter of global economic activity. Meanwhile, South Asia is home to nearly one-quarter of the world’s population, yet the region's economic output accounts for less than 4% of global GDP.

While GDP is a practical way to measure the size of a given country or region’s economy, it does not accurately reflect the overall wealth of a population. Unlike GDP, gross national income, or GNI, accounts for all economic activity within a country’s borders in addition to wealth generated by nationally-owned entities operating abroad. Adjusted to the population and converted to U.S. dollars, GNI per capita is an accurate approximation of the average income of residents of a given country.

Using data from the World Bank, 24/7 Wall St. reviewed GNI per capita in over 170 nations to identify the 25 richest countries in the world. Worldwide GNI is about $10,300 /£7,700 per person. In the world’s 25 wealthiest nations, GNI per capita is far higher, ranging from $27,600 to over $82,300 (£20,625 - £61,500).

........................... VIEW The Images at

https://www.msn.com/en-gb/money/mone...BGpchh#image=1
These are the richest countries in the world per capita.
United Arab Emirates ($68,250) ...
Kuwait ($69,670) ...
Norway ($70,590) ...
Ireland ($72,630) ...
Brunei ($76,740) ...
Singapore ($90,530) ...
Luxembourg ($109,190) ...
Qatar ($124,930) The small Middle Eastern country often ranks as one of the richest countries in the world per capita.
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Old 06-10-2018, 08:26 PM
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Default Re: 25 Richest Countries in the World

Quote:
Originally Posted by FrancSevin View Post
Is this an indication that North Americans are the most selfish and greedy? Or that they are the most industrious?

The American,/Western style economies do not accumulate the wealth of others. They create new wealth thru industy.
that benefits themselves ; much like the chinese and russian oligarchs
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