How Rich are You on a Global Scale?

[DonFerrari]

zehh25 said:

DonFerrari said:

Yes... being poor in USA is better than being middle class in brazil, and being very poor in Brazil (let's face that who earn minimum wage in brazil even if poor on brazilian reality and very poor on US standards) is still better than most people in Zambia or Zimbabwe.

I wouldn't say its is better being poor in US than being middle class in Brazil, but maybe being a lower middle class here is indeed worse than being poor there. I think with our minimum wage it would be impossible to live in US to be honest, although it seems acceptable in any South American country (excluding Brazil, ironically, and maybe Chile). But I believe that increasing it too much would result in more unemployment and inflation in a short period, maybe in 15-20 years it will be in a better situation.

Minimum wage is a useless concept, but I won't enter in that. There are a lot of people in USA that would be considered poor in USA standard that would have basic sanitary, eletricity, a house and two cars while the middle class here can't (the one defined by the government by having per capita income of 200,00 to 500,00 dollars a month... over that it's upper class). As I said, people think they are poorer than they are.