3 ms·
The Big Mac index is completely unrelated to savings in a country. You may not understand what these are telling people but that only makes them meaningless to
by lazyasciiart 7y ago
The Big Mac index is completely unrelated to savings in a country. You may not understand what these are telling people but that only makes them meaningless to you.
- AstralStorm 7y agoOh but it is. BigMacParity index can tell you if you can afford the holiday in your country but not in another. I bet most people in EU can actually afford a semi decent holidays in the country they earn in. Obviously not all. This is essentially a decent measure of "can you take x time of a break, spend a bit and not go bankrupt".