52fighters
Interests: Linux, Economics, Politics, & Religion.
- 48 Posts
- 303 Comments
1·3 days agoCheck out this chart. Tell me how migration numbers correlate with density.
You are going to have to explain why PPP isn’t appropriate for non-capitalist countries. Besides, what country isn’t capitalist in this analysis? A country calling itself communist does not make it so.
These are not my numbers. They come both from the IMF and the World Bank. Chinese GDP per capita PPP is only $29k. By the same measure, the US is $60k. You don’t have to believe it. Yes, China is cheap, but low prices produce low incomes to those selling their goods and services.
Sorry, I thought you were commenting on krooklochurm@lemmy.ca, who suggested to “have anyone who is following the lord leap off a cliff.”
Alabama = $53,061
Germany = 59,993
Sources:
https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
Even per capita with PPP, China is only $29k. By the same measure, the US is $60k.
That’s an odd measure. The population of the country being immigrated to doesn’t seem to have a lot to do with which country an immigrant will want to go to. Immigrants want to go to the place that’ll give them the best opportunity. By all measures, the US, Canada, and western Europe are the places people want to go. China isn’t.
Are you familiar with purchasing power parity? It is a measure that specifically takes into account local costs of rent, transportation, food, etc. Check it out --> https://en.wikipedia.org/wiki/Purchasing_power_parity
2·4 days agoHow did this person’s life work out? I would love to hear more about that story.
A generations’ percent of wealth always increases as they get older.
I think immigrant desire for relocation speaks volumes of where the greatest opportunity exists. The migration patterns vastly favor the US as being the place for the greater hope for the global poor, as evidenced by their footprints.
Even per capita with PPP, China is only $29k. By the same measure, the US is $60k.
Share of national wealth is not affluence. It is a measure that gets distorted when a country has a disproportionate number of billionaires relative to their own population and to other countries.
If you adjust for purchasing power, the median individual in China is only $29k. By the same measure, the US is $60k.
Even per capita with PPP, China is only $29k. By the same measure, the US is $60k.
You are mistaken, GDP of Germany is greater than Alabama, even moreso when you account for PPP.
Even per capita with PPP, China is only $29k. By the same measure, the US is $60k. Also, healthcare is not free in China for most people in most circumstances. If there was any country that had a terrible way of financing healthcare as the US, it would be China. Healthcare bankruptcy is common in China. Chinese healthcare would be a bargain for me, paying with a US income. It is absolutely unaffordable for someone living on Chinese wages.
Once they make it a habit of destroying ships in the Russian shadow fleet, availability of crews and insurance will dry up, further reducing Russian economic power, pushing Russia closer to the tipping point. Ukraine doesn’t need to destroy them all, just make it so most ships are unwilling to do Russia’s business.