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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Economics@lemmygrad.mlEnglish · 8 days ago

The bottom 50% in China has double the average net worth of the bottom 50% in the US. This is despite China having 1/3rd of the GDP per capita (adjusted for purchasing power) of the US.

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The bottom 50% in China has double the average net worth of the bottom 50% in the US. This is despite China having 1/3rd of the GDP per capita (adjusted for purchasing power) of the US.

lemmygrad.ml

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Economics@lemmygrad.mlEnglish · 8 days ago
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https://wid.world/share/#0/countriestimeseries/ahweal_p0p50_z/US;CN/2019/eu/k/p/yearly/a/false/-4297.1145/8000/curve/false

  • Joncash2@lemmy.ml
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    8 days ago

    You don’t understand how awesome Chinese rural villages are now. City slickers are running for rural villages and the low cost of living with the advent of work from home jobs.

    https://www.abc.net.au/news/2024-10-07/china-youth-rural-to-urban-migration-rural-revitalisation/104364052

    Rural villages in China aren’t the ghettos and redneck worlds of USA where poverty is devastating. China makes sure those people live well inspite of their poverty.

    Edit here’s a YouTube video of someone living the rural life and still able to buy 4k cameras because of how cheap tech is in China.

    https://youtu.be/rV4TmvPxxMk

    Edit 2. I would also like to ask people why China making sure that rural areas are livable is evidence of being worse off than USA? Do you not realize your brain washing?

    • TankieReplyBot@lemmygrad.mlB
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      8 days ago

      I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

      • yewtu.be
      • inv.nadeko.net
      • yt.artemislena.eu
      • piped.video

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