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| 12:12 PM | ||
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Australians the world's wealthiest people | |
| Anonymous Coward User ID: 4412659  Australia11/01/2011 07:38 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4331659 Australia11/01/2011 07:44 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4414999 Australia11/01/2011 07:45 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 830513 Australia11/01/2011 07:48 AM Report Abusive Post Report Copyright Violation | |
| Quanta User ID: 4412594 Australia11/01/2011 07:49 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4331659 Australia11/01/2011 07:50 AM Report Abusive Post Report Copyright Violation | |
Doubtless
 User ID: 4415312 Australia11/01/2011 07:52 AM Report Abusive Post Report Copyright Violation | I find that hard to believe. I know a shitload of people who are struggling. Then again this is from the MSM. SO it's probably bullshit. Quoting: Anonymous Coward 4331659 Compare the actual amount of people struggling here to the rest of the world, and we really are the wealthiest. GLP = Whirlwind of stupid. :IslamLol: |
| Anonymous Coward User ID: 4395499 Australia11/01/2011 07:52 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 4412659 Australia11/01/2011 07:52 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 4412659 Australia11/01/2011 07:54 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4351419 Australia11/01/2011 07:54 AM Report Abusive Post Report Copyright Violation | Despite the doom and gloom, there are reasons to be cheerful. As measured by median wealth levels, Australians are the wealthiest people in the world, says the Credit Suisse Global Wealth Report 2011, which measured the wealth of the world's 4.5 billion adults. Quoting: Aunty Flo It found Australia's median wealth, the mid-point between the wealthiest adult and poorest, was $US222,000 ($213,800), the highest in the world. Average wealth was $US397,000, the world's second-highest after Switzerland with $US540,000. Advertisement: Story continues below It is the median figure that is more meaningful because it says more about how a country's middle class is doing. Wealth in Australia is more evenly distributed than in other countries, particularly compared to the US, which has median wealth of about $US53,000. As Credit Suisse measured wealth in US dollars, the strength of the Aussie dollar has helped push Australia up the rankings. But even after removing the currency affects, Australia's performance has been robust, particularly since 2000, the report says. The report also says Australian wealth is highly skewed towards real estate assets. Read more: [link to www.smh.com.au] [link to www.smh.com.au] listen Aunty let me give it to you straight mate [link to www.debtclock.com.au]  |
| Anonymous Coward (OP) User ID: 4412659 Australia11/01/2011 07:56 AM Report Abusive Post Report Copyright Violation | Despite the doom and gloom, there are reasons to be cheerful. As measured by median wealth levels, Australians are the wealthiest people in the world, says the Credit Suisse Global Wealth Report 2011, which measured the wealth of the world's 4.5 billion adults. Quoting: Aunty Flo It found Australia's median wealth, the mid-point between the wealthiest adult and poorest, was $US222,000 ($213,800), the highest in the world. Average wealth was $US397,000, the world's second-highest after Switzerland with $US540,000. Advertisement: Story continues below It is the median figure that is more meaningful because it says more about how a country's middle class is doing. Wealth in Australia is more evenly distributed than in other countries, particularly compared to the US, which has median wealth of about $US53,000. As Credit Suisse measured wealth in US dollars, the strength of the Aussie dollar has helped push Australia up the rankings. But even after removing the currency affects, Australia's performance has been robust, particularly since 2000, the report says. The report also says Australian wealth is highly skewed towards real estate assets. Read more: [link to www.smh.com.au] [link to www.smh.com.au] listen Aunty let me give it to you straight mate [link to www.debtclock.com.au] I wish I was only in that much debt. Thanks for the link. |
| Quanta User ID: 4412594 Australia11/01/2011 07:59 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1345673 Australia11/01/2011 08:00 AM Report Abusive Post Report Copyright Violation | I call BS, my gf is a government employee and got retrenched last week. Its already started, look whats happening across the board, just look at Quantas and the manafacturing industry. America and Euro are collapsing taking China with it. We are just down the line... about 8 -16 months away, only thing propping up our two speed economy is resource export to China. ..and with no more market in America and the Euro for China to manafacture for, guess whats going to happen to Australia. |
| Anonymous Coward (OP) User ID: 4412659 Australia11/01/2011 08:02 AM Report Abusive Post Report Copyright Violation | I call BS, my gf is a government employee and got retrenched last week. Its already started, look whats happening across the board, just look at Quantas and the manafacturing industry. Quoting: Anonymous Coward 1345673 America and Euro are collapsing taking China with it. We are just down the line... about 8 -16 months away, only thing propping up our two speed economy is resource export to China. ..and with no more market in America and the Euro for China to manafacture for, guess whats going to happen to Australia. Which government department? I bet it wasn't to do with money collecting. |
| Anonymous Coward User ID: 4351419 Australia11/01/2011 08:03 AM Report Abusive Post Report Copyright Violation | Despite the doom and gloom, there are reasons to be cheerful. As measured by median wealth levels, Australians are the wealthiest people in the world, says the Credit Suisse Global Wealth Report 2011, which measured the wealth of the world's 4.5 billion adults. Quoting: Aunty Flo It found Australia's median wealth, the mid-point between the wealthiest adult and poorest, was $US222,000 ($213,800), the highest in the world. Average wealth was $US397,000, the world's second-highest after Switzerland with $US540,000. Advertisement: Story continues below It is the median figure that is more meaningful because it says more about how a country's middle class is doing. Wealth in Australia is more evenly distributed than in other countries, particularly compared to the US, which has median wealth of about $US53,000. As Credit Suisse measured wealth in US dollars, the strength of the Aussie dollar has helped push Australia up the rankings. But even after removing the currency affects, Australia's performance has been robust, particularly since 2000, the report says. The report also says Australian wealth is highly skewed towards real estate assets. Read more: [link to www.smh.com.au] [link to www.smh.com.au] listen Aunty let me give it to you straight mate [link to www.debtclock.com.au] I wish I was only in that much debt. Thanks for the link. welcome please dont quote MSM around here unless you do some checking yourself [link to www.tradingeconomics.com] if you want to know where we stand not flash. this msm bs is to make you think alls well and spend up big dont be fooled mate |
| Anonymous Coward User ID: 4331659 Australia11/01/2011 08:07 AM Report Abusive Post Report Copyright Violation | Despite the doom and gloom, there are reasons to be cheerful. As measured by median wealth levels, Australians are the wealthiest people in the world, says the Credit Suisse Global Wealth Report 2011, which measured the wealth of the world's 4.5 billion adults. Quoting: Aunty Flo It found Australia's median wealth, the mid-point between the wealthiest adult and poorest, was $US222,000 ($213,800), the highest in the world. Average wealth was $US397,000, the world's second-highest after Switzerland with $US540,000. Advertisement: Story continues below It is the median figure that is more meaningful because it says more about how a country's middle class is doing. Wealth in Australia is more evenly distributed than in other countries, particularly compared to the US, which has median wealth of about $US53,000. As Credit Suisse measured wealth in US dollars, the strength of the Aussie dollar has helped push Australia up the rankings. But even after removing the currency affects, Australia's performance has been robust, particularly since 2000, the report says. The report also says Australian wealth is highly skewed towards real estate assets. Read more: [link to www.smh.com.au] [link to www.smh.com.au] listen Aunty let me give it to you straight mate [link to www.debtclock.com.au] I wish I was only in that much debt. Thanks for the link. welcome please dont quote MSM around here unless you do some checking yourself [link to www.tradingeconomics.com] if you want to know where we stand not flash. this msm bs is to make you think alls well and spend up big dont be fooled mate Couldn't have put it better. Typical Orwellian tactic. The bigger the lie the more people will believe. |
| Anonymous Coward (OP) User ID: 4412659 Australia11/01/2011 08:09 AM Report Abusive Post Report Copyright Violation | Despite the doom and gloom, there are reasons to be cheerful. As measured by median wealth levels, Australians are the wealthiest people in the world, says the Credit Suisse Global Wealth Report 2011, which measured the wealth of the world's 4.5 billion adults. Quoting: Aunty Flo It found Australia's median wealth, the mid-point between the wealthiest adult and poorest, was $US222,000 ($213,800), the highest in the world. Average wealth was $US397,000, the world's second-highest after Switzerland with $US540,000. Advertisement: Story continues below It is the median figure that is more meaningful because it says more about how a country's middle class is doing. Wealth in Australia is more evenly distributed than in other countries, particularly compared to the US, which has median wealth of about $US53,000. As Credit Suisse measured wealth in US dollars, the strength of the Aussie dollar has helped push Australia up the rankings. But even after removing the currency affects, Australia's performance has been robust, particularly since 2000, the report says. The report also says Australian wealth is highly skewed towards real estate assets. Read more: [link to www.smh.com.au] [link to www.smh.com.au] listen Aunty let me give it to you straight mate [link to www.debtclock.com.au] I wish I was only in that much debt. Thanks for the link. welcome please dont quote MSM around here unless you do some checking yourself [link to www.tradingeconomics.com] if you want to know where we stand not flash. this msm bs is to make you think alls well and spend up big dont be fooled mate Of course. It's a nice story to keep the slaves in line. I know many people who are on struggle street. It seems the noose is being tightened around us more and more and then feeding us this garbage through the media. And not only financially. |
| Anonymous Coward User ID: 830513 Australia11/01/2011 08:13 AM Report Abusive Post Report Copyright Violation | Our housing market kept it's value which has a lot to do with this figure. But I don't think this will be the case for very long. Quoting: Aunty Flo Any predictions on when this bubble will burst? To be honest ive been thinking of selling up, the market seems ridiculously over inflated especially here in Sydney |
| Anonymous Coward User ID: 4382576 Australia11/01/2011 08:16 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4351419 Australia11/01/2011 08:35 AM Report Abusive Post Report Copyright Violation | I have arranged the list by GDP to YoY. This is the country’s ability to service what it owes. Third Colum across. The list therefore is the order of the dominos will fall on paper. Now where do we sit on this list? [link to www.tradingeconomics.com] get ready  |
| Anonymous Coward User ID: 4351419 Australia11/01/2011 08:48 AM Report Abusive Post Report Copyright Violation | Let me put this another way Quoting: Anonymous Coward 4351419 I have arranged the list by GDP to YoY. This is the country’s ability to service what it owes. Third Colum across. The list therefore is the order of the dominos will fall on paper. Now where do we sit on this list? [link to www.tradingeconomics.com] get ready The page resets to default hit the YoY link at the top to set the order to ascending or descending like XL spreadsheet. Then you will see what I mean. [link to www.tradingeconomics.com] |
