fatslob-:O said:
Using the purchasing power parity (PPP) metric is flawed ... A much more realistic way to measure wealth is to compare a country's nominal GDP and China still has quite a ways to go before it can match the US on that front ... Plus China has a high population to nominal GDP ratio so that further reduces the citizens income power ... |
There's this too. https://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index......which is representative of a host of reasons as to why quality of life in China is generally poor. Watch out Tunisia. Soon, China could be the 90th best country to live in. And this metric factors in GDP a fair amount. There is an arguably better system. I can't emember' it's name right now.
- "If you have the heart of a true winner, you can always get more pissed off than some other asshole."
