The upper middle class in the US, defined as everyone in the top half below the richest 20 percent, owns 11.9% of the wealth. Indonesia at 10.5% and Russia at 7.5% are worse off, but in all other nations the corresponding upper middle classes own 12 to 27%of the wealth.America’s bottom half compares even less favorably to the world: dead last, with just 1.3% of national wealth.
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