imaloon1 posted:
So by improving the wages and destroying their economies with multinational corporations raping their resource fields and then devaluing their currency by about 3x the amount they increased the wages from we're calling it a win?
WHAT PLANET ARE YOU FROM KAY?
Seriously it's some kind of asshole that thinks this is a good thing.
theredkay1 posted:
The measurement is inflation adjusted . sometimes there is good news....disappointing huh?
Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted . sometimes there is good news....disappointing huh?
So by improving the wages and destroying their economies with multinational corporations raping their resource fields and then devaluing their currency by about 3x the amount they increased the wages from we're calling it a win?
WHAT PLANET ARE YOU FROM KAY?
Seriously it's some kind of asshole that thinks this is a good thing.
huh? I see you are angry but your rant doesnt make any sense. My comment was only that the numbers are inflation adjusted and its a good thing that China is richer than it used to be. As imperfect as China's model may be, the world is better off with so many people lifted out of poverty. Seems fairly uncontroversial.