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To: canuck_conservative

https://www.ubs.com/global/en/media/display-page-ndp/en-20230815-global-wealth-report-2023.html

“Russia added $600 billion of total wealth, the Swiss bank found in its annual Global Wealth Report, published Tuesday.

The number of Russian millionaires also rose by about 56,000 to 408,000 in 2022, while the number of ultra-high-net-worth individuals people worth over $50 million jumped by nearly 4,500.

But the US lost more wealth than any other country last year, shedding $5.9 trillion, while North America and Europe combined got $10.9 trillion poorer, UBS reported.

There were also 1 million fewer American millionaires by the end of 2022, although the US still accounted for over 50% of the world’s ultra-high-net-worth individuals, the bank said.“


79 posted on 08/20/2023 11:51:15 AM PDT by zek157
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To: zek157

and you actually believe Russian “statistics”?

Russia lies all the time ... you haven’t noticed that yet?

Moskva sank after being towed?? LOL sure


82 posted on 08/20/2023 11:56:10 AM PDT by canuck_conservative (there would be no more need for NATO, if Russia could just stop attacking its neighbors)
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To: zek157
Try reading the actual report. If you did you would know that the apparent gain in wealth in Russia resulted from shifts in the ruble to dollar exchange rate in 2022.

The subsequent shift in the ruble to dollar exchange rate since then has reversed the change noted in the report.

If you read the report you would also learn that the median person in the USA has almost 15 times as much wealth as a Russian.

92 posted on 08/20/2023 12:45:36 PM PDT by freeandfreezing
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