Reply to post: Re: Do you want to be held hostage by Microsoft?

German ministry hellbent on taking back control of 'digital sovereignty', cutting dependency on Microsoft

jmch Silver badge

Re: Do you want to be held hostage by Microsoft?

"many developed countries GDP "

One of my pet peeves is the use of GDP per capita as a rough proxy of how wealthy / advanced a country is. In most 'western' nations, GDP per capita has grown in the last few years to beyond pre-recession levels, while median income has effectively stagnated at 2007 levels. Taking inflation into account, median income is down.

Using 'mean' as an average just hides the fact that there is a tiny (and shrinking) class of ultra-rich people whose wealth increases rapidly as everyone else's stagnate. It's no longer a case of the 1% or the 0.1%, we're talking about 0.0001% here

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