The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center – 2009 data. The ratios were significantly better in 2005 (when white households were only ten times wealthier than black households) but the recent collapse of the mortgage market and house prices has affected blacks and hispanics much mroe than whites.

Apologies for the short post, but every now and then I come across something so stark that it’s just worth flagging up – I mean we have inequalities between ethnic groups in the UK – but this is is nothing compared to the bad old USA!