How richer are Americans than Australians?

Answer 1

these days, the average Australian is richer than the average American, Sydney is now the 2nd richest city in the world in terms of personal wealth, out of the top 5 performing banks in the world, Australia has 3 of them whilst American banks have recently faced hardship and even bankruptcy, the American Government survives on 100% borrowed money which is beleived to take 3 life times to repay whilst the Australian Government is able to survive and continue to re-invest on revenue tax.