I think this means the opposite of what you think. The global 1% is people who make $35,000 / year.
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I think you are comparing cash earnings of ppl in dollar equivalents without taking into account non-cash earnings & PPP.
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All discussion of money does this. But given ability to directly transfer real dollars from one to another, seems reasonable.
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Which I think is exactly why "help the global middle class" *is* potentially opposed to "help the local middle class"
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