Bear in mind that the wealth of the USA is concentrated in the hands of the top 10% of USA rich elites. Therefore, it is nothing to crow about the high USA per capita GDP (PPP) when 90% of ordinary USA citizens are hardly considered richer than ordinary Chinese per se. If you do not peel away the glamor on the surface of the USA gloating, you lose seeing the true picture. There are comments that lower income USA citizens do not even have US$400 in their pockets for emergency.
If the USA's per capita GDP (PPP) is really that high, why is there so many USA citizens living on the streets, unable to afford a home? The most ridiculous explanation I have come across was that those people without a home are people who prefer living on the streets or a 'lifestyle choice'. When they have to eat, shit, pee and sleep on the streets, that is something of a 'lifestyle choice' indeed.
From the comments of USA citizens having contact with Chinese citizens on Red Note, the realization was often of shock and awe, knowing that their Chinese counterparts are enjoying better living conditions than they could ever hope for. Taking away Tik Tok was in fact a blessing in disguise for China, able to counter all the USA propaganda over the decades. Now, the USA citizens have realized they had been lied to and are continuing to live under a Nation of liars leading them into the sewers.
If China had the same population as the USA, its GDP (PPP) per capita, will be higher than the USA. Think about that!
Anonymous
GDP is a useful tool to con the silly peasants. To increase GDP, just increase population, whether the population quality of life is good or not is not the concern of Politicians. Sinkiesland leaders are very happy to increase population as a way of having higher GDP, as the higher the GDP, the fatter their annual bonus.
ReplyDeleteSingapore's high per capita income ranking is similar in structure to the USA, with the maximum wealth concentrated in the hands of the top super rich earners. The small population also helped to make the position even more outstanding. Those peasants at the bottom barely can smell the average per capita income position. That is just a mirage.
ReplyDeleteIf all Singaporeans can achieve even the average level of per capita income reported, there will not be any need for trotting out CDC vouchers.