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"The report shows that a person needs only $3,210 (£2,100) to be in the wealthiest 50% of world citizens. " Prices between country are adjusted to Power parity
by leoplct 11y ago
"The report shows that a person needs only $3,210 (£2,100) to be in the wealthiest 50% of world citizens. "
Prices between country are adjusted to Power parity purchases (PPP)
- hwstar 11y agoThis reasoning is flawed. It depends what your cost of living is in the region of the planet you call home. Yes, I suppose you could move to a lower cost of living region, but there are issues with that as well (Oppressive government, Lack of hospitals, Sanitation, no English speakers, etc.)