Ikkon
Ikkon t1_j32yvrv wrote
Interesting how low the EU countries are.
American companies have 15 times larger market capitalization than German ones, despite America only having 4 times more people and 5.5 times the GDP of Germany.
Ikkon t1_iz47p5o wrote
Reply to Asians were the First People in Europe According to Recent Genetic Studies. by KottjornGoad
It doesn't seem too surprising, given that the main connection between Africa and Europe is the Middle East. So in case of any large scale migration homosapiens basically had to go through Asia to get to Europe
Ikkon t1_ixzxmbp wrote
Reply to comment by folstar in Charted: Income Distributions in 16 Different Countries by TheThinker12
When it comes to education in OECD, the US ranked 19th in students skills, ahead of France and Spain and just behind Norway. And the difference between the highest rated countries are tiny. America scored 495, Austria 491, France 494, Norway 497, the UK 503, and the best country is Estonia at 526. So American students perform at the same level as western European students. For comparison, Mexico scored 416 and South Africa 390.
When it comes to educational attainment, so population with at least upper-secondary education, America scored 8th, ahead of Finland, Switzerland and Germany and on par with Canada.
https://www.oecdbetterlifeindex.org/topics/education/
>Kind of funny to use the global scale instead of comparing to other OECD countries
Because when you state a country is a "third world country" you have to actually compare it to third world countries. By being well above global average the country cannot be a third world country. When it comes to life expectancy America is on par with Eastern EU, which is still one of the richest regions in the world.
Life expectancy in America is 78.9 years, the average for central Europe is 77.27 years, and the average for the entire EU is 80.5. Japan, the highest rated OECD member is at 84.4. World average is 72.75, and DR Congo, an actual third world country, is at 60.97. So America is above average on the global scale, average for the OECD, and significantly better than actual third world countries.
https://www.oecdbetterlifeindex.org/topics/health/
https://en.wikipedia.org/wiki/List_of_European_countries_by_life_expectancy
So no, I wouldn't call America a third world country. It is a very rich country with some issues.
Ikkon t1_ixz7u9a wrote
Reply to comment by Zagacity in Charted: Income Distributions in 16 Different Countries by TheThinker12
As far as education is concerned, America always ranks as one of the best countries in the world, both when rating public schools and higher education institutions. In case of the later, America is rated MUCH higher than any country other than the UK. America has the most prestigious universities in the world, even smaller American school rank higher than top universities in other countries. Life expectancy is one of the weaker aspects of America, but still, it ranks as above average on the global scale. And I don't understand the infrastructure aspect. Besides passenger rail, most of American infrastructure is great.
America as a whole ranges from being the best to being above average. Comparing it to a third world country in any way is simply incorrect
Ikkon t1_ixz4n7y wrote
Reply to comment by Bull_City in Charted: Income Distributions in 16 Different Countries by TheThinker12
I’m not sure if looking at wealth is that good of a way of judging prosperity of a country and wellbeing of its citizens.
When looking just at median wealth, people in Portugal are wealthier than people in Germany, and Germany and Greece are about equal. Sweden, Ireland and the US are all very low, and average person in Norway is poorer than people in the UK or France.
I think average wealth can get pretty distorted by things like house value, since places that rank as the wealthiest usually also have really overvalued housing market
Ikkon t1_ixypqmu wrote
I wonder if I’m reading this correctly.
American 40% is on the same level as British and Canadian 50%
While American 20% is lower than Canadian and British 20%
So does that mean that the top 60% of wealthiest Americans are richer than the top 50% of wealthiest people in Britain in Canada, while the bottom 20% poorest Americans are poorer than the bottom 20% of poorest British and Canadians?
Ikkon t1_j9xylne wrote
Reply to comment by w0rldtorn in [OC] Latin America is the 3rd most democratic region in the world, ahead of Asia and Africa. Here’s where its countries stand: by latinometrics
According to Wikipedia Turkey is classified as Western Europe, which drags the region way down. The difference between NA and WE is still tiny, 8.37 and 8.36 respectively.