Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Las Vegas Mixx

(310 posts)
7. The German "median" wealth may be skewed by impoverished former East-German states, etc.
Mon Nov 19, 2018, 12:58 PM
Nov 2018

The low German median wealth figure does stick out, but there are at least two factors that might be influential.

The former East Germany is still impoverished compared to the rest of Germany.

Note that this map reflects GDP "mean/average" and not "median/middle" and income (not wealth).

It may also be partly a statistical fluke since the "median" may have shifted enough downward from the relatively large new immigrant population and the holdover poverty from unification with East Germany.

It is just speculation but while the USA's extreme wealth inequality may be less visible in Germany, there may still be enough of an overall wealth gap between the top 50% and the bottom 50% to greatly influence where the median is placed.

Latest Discussions»General Discussion»American Exceptionalism? ...»Reply #7