Mock the French all you want
 

They work less, they look great and now it turns out that the French – and citizens of six other countries - are richer than us, too.

http://lifeinc.todayshow.com/_news/2...nal-wealth-gap

They are also lazier , more entitled and there standard of living is in decline. Apart from that I ad mire what they have done with Health Care (not Health Care Insurance)

Their standard of living is just fine, and in fact, better than ours.

They work less hard, take care of their own (health), even send their kids to college, and STILL live better, and make more money.

Taking care of your own isn't just the right thing to do, it's a sound strategy for success, apparently.

The chart and the conclusion seems to be a bit misleading.

They are taking average wealth and comparing it with varying population levels and different currencies. (going against the dollar)
I need to take a closer look before saying anything.

Because America is slowly turning into trash.

I suspect much of the issue for the US in those rankings is due to our real estate market. Somewhere around 30% of mortgages in the country are for more than the house is now worth (in too many cases it is for way more). When the largest single "purchase" most people make becomes a large liability for many it will effect the average net worth for the population. It also doesn't help that all the countries that are "ahead" of us have older median population ages than the US does. For some countries it is as little as a year, others are up around five years. Older people tend to save more and have less debt.

I'd also agree with Paul that there is probably something else going on here. The article mentions the Swiss number increasing by 60% but misses both Australia and Norway jumping 300% in ten years. A compounded annual growth of 12% over 10 years indicates there are other factors affecting the numbers than just saving and paying off debt.

Either way the problem for the French isn't with personal finances, it is their government's finances. Government spending in France is more than half the country's total GDP, and they reach that level with deficit spending. That is not a sustainable model.

And attitude galore......Still mad about not being able to sustain an empire anymore

So they did what we should be doing and took care of business at home? :scared:

Thank you. I will continue to mock them.

Yeah, me too, come to think of it.

But the fuckers are kinda kicking our asses.