Why is five million RMB considered middle class globally, yet perceived as impoverished online?
Some economists point out that having 5 million cash places one in a relatively high economic level worldwide. At the current exchange rate, 5 million RMB is approximately equivalent to 77.44 million USD.
According to wealth information released by Credit Suisse, the number of people with assets exceeding one million USD accounts for only 0.7% of the world's total population (approximately 7.5 billion). The assets here include cash and other assets, and if only cash exceeding one million USD is counted, the number is even lower. Therefore, possessing nearly 77.44 million USD in cash qualifies one to enter the ranks of the wealthy.
Please pay attention to my brothers @佛文BTC @神话BTC @珍妮BTC
$BTC $ETH $BNB
{future}(BNBUSDT)
{future}(ETHUSDT)
{future}(BTCUSDT)