Bimmerpost for Android has just been updated to version 4.3.55 with a host of bug fixes. Try it out!
BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board
 
BPM
Post Reply
 
Thread Tools Search this Thread
      01-05-2011, 11:34 PM   #23
aut0sh0cker
meh
aut0sh0cker's Avatar
United_States
11
Rep
1,758
Posts

Drives: E92 335i, 997.2 C4S
Join Date: Jan 2008
Location: 91362

iTrader: (2)

Quote:
Originally Posted by Daemonblitz View Post
According to this, half the people in the world make under $850 USD... a year ...
Their equation is WRONG! Median worldwide salary is $1,700, the average, though, is $7,000. They just want you to donate.

Source here. (Incomes from 2007)

Last edited by aut0sh0cker; 01-05-2011 at 11:40 PM.
Appreciate 0
      01-05-2011, 11:48 PM   #24
Chewy734
Major General
United_States
298
Rep
6,801
Posts

Drives: 2006 BMW 330i ZPP, ZSP
Join Date: Dec 2008
Location: Minneapolis, MN

iTrader: (15)

^ good find aut0sh0cker. They do seem to quote $5000 as the average they used from another source. And their median is $850, which is also low compared to what you found.
__________________

Currently for sale: [17" Blizzak winter tires w/ wheels]
Appreciate 0
      01-05-2011, 11:49 PM   #25
JayKay335i
Banned
Egypt
-99
Rep
5,047
Posts

Drives: ///M323 DCT
Join Date: Apr 2009
Location: North Dakota; its best DUHHHHHH

iTrader: (1)

fucken thieves! I am not donating now because of their lies.
Appreciate 0
      01-05-2011, 11:51 PM   #26
BTM
Banned
United_States
173
Rep
10,316
Posts

Drives: A///MERICAN!!!
Join Date: Mar 2010
Location: A///MERICA!!!

iTrader: (11)

Garage List
Just saved 15% on my car insurance
Appreciate 0
      01-06-2011, 12:10 AM   #27
scottwww
Brigadier General
scottwww's Avatar
United_States
195
Rep
4,758
Posts

Drives: 07 BMW 335i Cpe, 05 Mazda RX8
Join Date: Dec 2006
Location: USA

iTrader: (0)

Send a message via MSN to scottwww
Quote:
Originally Posted by aut0sh0cker View Post
Their equation is WRONG! Median worldwide salary is $1,700, the average, though, is $7,000. They just want you to donate.

Source here. (Incomes from 2007)
Not fair. It depends on what you want to see in the statistics. Here is a hypothetical world. What is the average income, what is the median income by country, and what is the median income by population?

Once you factor in the numbers of the population in the country that are in the wealthiest quartile, or whatever it is you are examining, and doing this for each country, the numbers would become even more lopsided. Each statistic can be true and valid, but you need to know what you are sampling.
Attached Images
 
Appreciate 0
      01-06-2011, 12:17 AM   #28
JayKay335i
Banned
Egypt
-99
Rep
5,047
Posts

Drives: ///M323 DCT
Join Date: Apr 2009
Location: North Dakota; its best DUHHHHHH

iTrader: (1)

Quote:
Originally Posted by scottwww View Post
Not fair. It depends on what you want to see in the statistics. Here is a hypothetical world. What is the average income, what is the median income by country, and what is the median income by population?

Once you factor in the numbers of the population in the country that are in the wealthiest quartile, or whatever it is you are examining, and doing this for each country, the numbers would become even more lopsided. Each statistic can be true and valid, but you need to know what you are sampling.
I believe they are sampling bullshit
Appreciate 0
      01-06-2011, 12:20 AM   #29
BTM
Banned
United_States
173
Rep
10,316
Posts

Drives: A///MERICAN!!!
Join Date: Mar 2010
Location: A///MERICA!!!

iTrader: (11)

Garage List
Quote:
Originally Posted by scottwww View Post
Not fair. It depends on what you want to see in the statistics. Here is a hypothetical world. What is the average income, what is the median income by country, and what is the median income by population?

Once you factor in the numbers of the population in the country that are in the wealthiest quartile, or whatever it is you are examining, and doing this for each country, the numbers would become even more lopsided. Each statistic can be true and valid, but you need to know what you are sampling.
Not only this, but wealth is most accurately reported in terms of chain weighted GDP per capita...not in terms of income standardized for a BPD or USD...when comparing wealth on a global scale, individual income becomes less insignificant, considering some of the poorest people in the US are among the richest in the world from an aggregate income standard...
Appreciate 0
      01-06-2011, 12:31 AM   #30
scottwww
Brigadier General
scottwww's Avatar
United_States
195
Rep
4,758
Posts

Drives: 07 BMW 335i Cpe, 05 Mazda RX8
Join Date: Dec 2006
Location: USA

iTrader: (0)

Send a message via MSN to scottwww
There may also be a lot of things that cannot be calculated with accuracy and are just ignored. One of those things would be trade that doesn't involve currency. Maybe a factor could be sweat equity. Maybe a factor that is not in the statistics of some of these sources is unearned income like capital gains.
Appreciate 0
      01-06-2011, 05:37 AM   #31
E90jonno
STANCE YOUR RIDE!
E90jonno's Avatar
United Kingdom
18
Rep
422
Posts

Drives: E90
Join Date: Nov 2010
Location: Bournemouth

iTrader: (0)

Im richer than bill gates :S
Appreciate 0
      01-06-2011, 09:20 AM   #32
KingOfJericho
Major General
KingOfJericho's Avatar
United_States
838
Rep
6,157
Posts

Drives: Yes
Join Date: Aug 2007
Location: CT

iTrader: (1)

Garage List
2010 135i Coupe  [2.63]
0.23% at 29 and I think this measurement is inaccurate. You get the same value for everything above 200,000.
__________________
The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.

2014 Jeep Grand Cherokee Overland Hemi | 2010 S4 Sold | 2010 BMW 135i Retired | 2006 Lotus Exige Sold
Appreciate 0
      01-06-2011, 09:34 AM   #33
scottwww
Brigadier General
scottwww's Avatar
United_States
195
Rep
4,758
Posts

Drives: 07 BMW 335i Cpe, 05 Mazda RX8
Join Date: Dec 2006
Location: USA

iTrader: (0)

Send a message via MSN to scottwww
If you really wanted to try and quantify the wealth of people, you should consider their lifetime earnings, capital gains, inheritance, government provided services, use of infrastructure, under the table earnings, winnings, gifts received... and the list could go on.

I would also think it valuable to look at total income versus what it costs for subsistance. Then you would also want to consider what is subsistance? In the wealthiest nations, subsistance is very different from subsistance in the poorest.

I have been to very few of these places, so I can't speak from experiece, but I think we just don't know how good we have it. We are the brazen wealthy.
Appreciate 0
      01-06-2011, 10:04 AM   #34
bolinp78
G35 convertee
bolinp78's Avatar
-15
Rep
1,009
Posts

Drives: 2008 335i (AW)
Join Date: May 2008
Location: .

iTrader: (1)

What a stupid way to calculate how 'rich' someone is.
__________________
Appreciate 0
      01-06-2011, 11:45 AM   #35
e46e92love
Brigadier General
e46e92love's Avatar
United_States
-55
Rep
3,219
Posts

Drives: e92 ///M3; X3 (wife's)
Join Date: Nov 2007
Location: The East Side of Things

iTrader: (0)

Send a message via AIM to e46e92love
Quote:
Originally Posted by CollinsE90 View Post
Im hood rich


Cheers,
e46e92
__________________

"...it's not about the money and not about the brand of the car, it's about handling,performance and passion......And that, no other car has all together like an M3........when you talk about the most complete car the M is invincible." --Tony Kanaan.
Appreciate 0
      01-06-2011, 12:03 PM   #36
Maestro
Major
389
Rep
1,132
Posts

Drives: 2007 335i Sedan
Join Date: Nov 2006
Location: Philadelphia

iTrader: (0)

This should take in to consideration more than your pay, like net worth, since the problem in the US is most people net worth is negative, they owe more than they make.

Turbo tax each year shows you how you rank in the US against other people's tax return fillings so I know in the US I am not as high up as this one says for the world.

Last edited by Maestro; 01-06-2011 at 01:48 PM.
Appreciate 0
      01-06-2011, 12:47 PM   #37
Georgeair
Captain
20
Rep
772
Posts

Drives: '08 Melbourne E92 M3
Join Date: Apr 2009
Location: Madison, MS

iTrader: (2)

$15,000 puts me in the top 12%. Great survey......
__________________
Objects in mirror are slower than they appear.
Appreciate 0
      01-06-2011, 12:57 PM   #38
NYCGarbagePrince
Major
50
Rep
1,437
Posts

Drives: X6 50i
Join Date: Aug 2007
Location: NYC

iTrader: (0)

i love organic apples... much more than fruit trees in Honduras. How the hell am I supposed to eat fruit from a tree all the way in Honduras?
Appreciate 0
      01-06-2011, 02:03 PM   #39
texasmojo
Second Lieutenant
texasmojo's Avatar
United_States
7
Rep
223
Posts

Drives: 2008 128i automatic
Join Date: Aug 2010
Location: DFW Texas, USA

iTrader: (0)

0.91 for me.
__________________
Appreciate 0
      01-06-2011, 04:55 PM   #40
Feyd
Major
Feyd's Avatar
157
Rep
1,290
Posts

Drives: a DEEZZULL
Join Date: Aug 2007
Location: Chicago, IL

iTrader: (2)

Quote:
Originally Posted by NYCGarbagePrince View Post
i love organic apples... much more than fruit trees in Honduras. How the hell am I supposed to eat fruit from a tree all the way in Honduras?
LOL
Appreciate 0
      01-06-2011, 05:39 PM   #41
double_j
First Lieutenant
80
Rep
331
Posts

Drives: 2008 JB/B E90 M3
Join Date: Nov 2009
Location: Northeast USA

iTrader: (0)

It's easy to be rich when you compare yourself to someone making 50 cents a day.
Appreciate 0
      01-06-2011, 06:44 PM   #42
JayKay335i
Banned
Egypt
-99
Rep
5,047
Posts

Drives: ///M323 DCT
Join Date: Apr 2009
Location: North Dakota; its best DUHHHHHH

iTrader: (1)

I think I'm going to go donate to a place that fixes cleft palates. I would also like to blame world poverty on that website.
Appreciate 0
      01-06-2011, 10:39 PM   #43
Saintor
Banned
Saintor's Avatar
-140
Rep
2,455
Posts

Drives: E90
Join Date: Sep 2005
Location: MTL, Canada

iTrader: (1)

Quote:
Originally Posted by bolinp78 View Post
What a stupid way to calculate how 'rich' someone is.
x2

The real meaningful figure is Net Worth, which usually increases with age.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 08:32 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST