And where is your country in the '2016 Allianz Global Wealth Report'?

Damn hard to compete with Down and Out in Alabama and if you want to get really depressed Newsweek has the de-motivator story. It is waaaay below India in terms of poverty.

To see New Zealand so low on the wealth distribution chart was surprising to me, until I read this today in the FT:

“We have a rock star economy for those lucky enough to enjoy rock star wages,” says Jan Rutledge, manager at De Paul House, a charity in Auckland. “But New Zealand is a low wage economy and for those on the margins finding affordable housing is a challenge.”

Speaking of low wage, Germany springs to mind. It is comfortably wedged between Peru and Malaysia with Italy and Spain a good deal higher up. Count on Martin Schulz and his SPD to change all that in no time.

Allianz Pdf here.

H/T True Economics