It shows that in the USA "net worth relative to nominal GDP" is actually pretty stable. The US has the lowest multiple of all the countries under analysis. Indeed the graph shows the US being almost exactly at the historical average.
I'm not sure what this means, but I certainly found it surprising.
It shows that in the USA "net worth relative to nominal GDP" is actually pretty stable. The US has the lowest multiple of all the countries under analysis. Indeed the graph shows the US being almost exactly at the historical average.
I'm not sure what this means, but I certainly found it surprising.