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Why Asians Are Richer Than Whites (Europeans) in America?

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Why are Asians often richer and more successful than white people in well-developed countries like the United States, Canada, the UK, and Australia, sometimes provoking jealousy? If you examine the list of top ethnic household incomes in the US, you'll find it dominated by Asian-Americans such as Indians, Chinese, Filipinos, Japanese, Koreans, and Pakistanis. Remarkably, despite being newer to these countries, many Asian communities surpass white families, whose ancestors have lived there for centuries. These Asian immigrants, often first or second generation, achieve such significant success that it can stir resentment among the local white population. While factors like strong work ethics, a focus on education, and family values contribute to their success, the real driver is the economic policies, laws, and constitutions of Western democratic countries. Typically, these Asian immigrants tend to be wealthier and more successful in the first few generations, then their socioeconomic status aligns more closely with the general population. What causes this pattern? Welfare programs in Western democratic countries play a significant role. Watch till the end to understand the full picture.
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#asianamerican #immigrants #american
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