3 ms·
>but in another country you can walk or take public transport to the restaurant or tailor without the fear of being the victim of a crime That's unrelated to t
by duckingtest 12y ago
>but in another country you can walk or take public transport to the restaurant or tailor without the fear of being the victim of a crime
That's unrelated to the prices. 3 relatively poor countries are in fact much safer than the US [0], and all safer ones are poorer than US.
>PPP is good to measure if people have 'enough' to live on in a particular location but for comparison between countries it's pretty meaningless.
The overwhelming majority of living costs are local (especially food production), so PPP is a very good measurement. Prices of electronics and oil aren't that important for day-to-day living.
You seem to ignore the fact that, even in PPP, the average Chinese is really poor. It's just that their standard of living is $12k poor, not $7k poor.
[0] http://www.oecdbetterlifeindex.org/topics/safety/ http://www.oecdbetterlifeindex.org/topics/safety/