4 ms·
While that may be true, there are two problems with this: * Most of us don't want to move to most places which have such a low cost of living. Living in a beac
by pmjordan 19y ago
While that may be true, there are two problems with this:
* Most of us don't want to move to most places which have such a low cost of living. Living in a beach hut for the rest of my life is just not very attractive to me. I guess it depends on your definition of "comfortable" but I'd have to say that I wouldn't want to live in any of the developing countries I've visited. Besides, luxury goods will be imports anyway, and still have western prices.
* Will those places that currently have such a low cost of living stay like that for another 60 years? I really doubt it.