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my friend, 50 usd/day in current value is an unrealistic dream for poor of this world. that is high above world average, and if that happens, then high salaries
by saiya-jin 10y ago
my friend, 50 usd/day in current value is an unrealistic dream for poor of this world. that is high above world average, and if that happens, then high salaries will rise appropriately and those 50$ will have a value of maybe a cup of coffee.
I cannot see undeveloped parts of Africa, Asia and South America being much better-off in 50 years, just because time passes. They will all have super cheap phones, and their own version of poverty. Plus many places can actually spiral down due to continuous wars (ie middle east)