[OC] Where the wealth is concentrated in the world.

Ok imagine

One family having a few dollars in a low cost of living environment or

Student 1000s in debt with 1000s in rent and 1000s in bills monthly (high cost of living).

1000$ loan goes farther in the poorer household, but as is, their both similarly fucked even if the first world student is making 1500 a month and the third world parents combined bring home >500$. Except the student is actually still worse off dispite your argument.

Their both >10k wealth, and dispite one making 3-10x their wage he's worse off because the cost of living is also 5x or more so he's in debt

Cost of living is something you just completely ignored? You can't compare a rich country to a poor one just by saying, "well because he's in debt this chart is saying he's financially worse off? That's not right." Well technically, he is, because he's still gaining debt and it's not being paid off faster than the interest... He'll be in debt for decades.... If that third world family doesn't take out any massive payments they could live without debt their whole lives.

20$> -2000$ , doesn't matter what country their from, cost of living isn't fixed globally. loans also aren't an argument for debt being irrelevent, loans add to debt, that's not how you pat it off.

The chart being global makes a lot of poorer countries bolster the >10k but it doesn't means capitalism isn't broken or that being on debt is good/better than being in a third world country?

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