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It's not misleading, in fact it's how accounting/balance sheets work.

A new born baby with zero asset and zero liability has thus a net financial worth of 0, which is obviously more than someone indebted.





A headline like “new born baby has more wealth than bottom 1 million people cumulatively” is not a misleading tittle?

Not if you understand what "wealth" means, as per previous comment.

Your headline could be rephrased as "Someone who has a balance of 0 is wealthier than someone $100 overdraft" and you wouldn't blink.


Check the current headline

Unless the baby was born into more debt than those people, no. It’s a fact that the baby is wealthier than they are. A substantial portion of our population is in debt. This is a fact.

What are you even questioning here??




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