Birdwatch Note Rating
2024-12-27 13:54:12 UTC - NOT_HELPFUL
Rated by Participant: CF948D683C269B016A57CA0BD60A20C0451C7AF639775E2C0C7E9CD4AB139013
Participant Details
Original Note:
It is not possible to compare GDP (a flow) to net worth (a stock) because they have different units ($/year vs. $). When measured as a percent of net worth, the 11 figures mentioned make up only about 1% of net worth in the United States. https://en.wikipedia.org/wiki/Stock_and_flow https://www.reuters.com/markets/us/us-household-wealth-hit-another-record-first-quarter-fed-data-shows-2024-06-07/
All Note Details