mine is bigger than yours
Singapore is planning to build the observation wheel (something like ferris wheel) named Singapore Flyer. The Singapore Flyer is targeted to operate before CNY 2008. Based on wiki, it is 150m in diameter, and 178m high. Beijing also made the same decision, but bigger. The target is before 2008 Olympics. It is 198m in diameter, and high 208m high. Several other countries are in this competition too. Anyway, it is apparently the Asia comes to an era to worship technology, to break engineering world record, and build even more magnificent man-made landmarks in the globe. But, remember one thing, the western did this years ago, and they are happy to participate these prosperous projects. The above article is posted in One Season in Singapore. It may not be an article directly linked to cost of living. But in a way it has some relations to it. The article points to how third world countries and mentality will keep pushing them to spend on things which can glorify and cover up their incompetence to make advances in tangible technological projects and developments. So something like the biggest this and the biggest that will do. And they employed the Angmohs, sorry I am not being xenophobic here, who willingly recommend to them all the great advances in the western world. And they all laugh happily to the banks. Third world nations have this ability and propensity to spend on self glorification and to imitate the west. The west have their football leagues and third world nations will want that too. They won the world cup. Third world nation also want to win the world cup at all cost. They climb Mt Everest, cross the Antartic, third world people also want to do the same. They have the technology to flirt in space. Third world nations who can't even build a car wanted to send men to space too. What else?