It's a wholly schizophrenic article. It is also completely ignorant of global financial markets and currency markets. It's basically a useless statistic that y

It's a wholly schizophrenic article. It is also completely ignorant of global financial markets and currency markets. It's basically a useless statistic that you can read the way you want - does a burger-flipper in McD in US make more burgers? does the price of healthy food have an impact? is USD valued excessively? does this value show the importance of American global military power? do Americans save too little? are the taxes too high elsewhere? I mean - this is a pointless statistic and poverty is relative to the local community. $1 will not buy you a burger in NYC, but will get you one somewhere else....