16 - "Clue to you -- Cost of Living and Purchasing Power Parity are two different things."
Ah, so you admit that the numbers you are spouting are bogus, and that your numbers are meaningless when trying to determine how long an individual in various countries has to work to live at the same standard.
16 - "Clue to you -- Cost of Living and Purchasing Power Parity are two different things." Ah, so you admit that the numbers you are spouting are bogus, and that your numbers are meaningless when trying to determine how long an individual in various countries has to work to live at the same standard.
No, GDP, PPP adjusted is right on target. Your example of the $10 apartment is bogus. All relative to determining economic strength of a country.