Japan's Growing Poverty Defies Glib Explanations

Re:Japan's Growing Poverty Defies Glib Explanations by mkagenius on Wednesday April 27, 2016 @04:25AM (#11578650)

> ¥840,000

That's INR 8,597,047 in India. I think only top execs at a well established company make that much in India. Amazing.

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Re:Japan's Growing Poverty Defies Glib Explanations by gikochi on Wednesday April 27, 2016 @04:44AM (#11578718)

Your calculation is a bit off, it's around INR500,000(USD $7500)/year. No doubt it's still a lot of money for a lot of people in India, but after adjusted for prices, it's really very little. Even cheap takeaway food would cost at least ¥300 ish.

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Re:Japan's Growing Poverty Defies Glib Explanations by vemy on Wednesday April 27, 2016 @05:59AM (#11579024)

That value is in Japanese Yen (JPY), not Chinese Yuan (CNY).

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Re:Japan's Growing Poverty Defies Glib Explanations by mkagenius on Wednesday April 27, 2016 @01:04PM (#11582281)

Sorry, lazily I just copy pasted into google, and didn't check the currency google understood it to be.

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Re:Japan's Growing Poverty Defies Glib Explanations by wineisamazing on Wednesday April 27, 2016 @04:36AM (#11578682)

You mean 502,323 INR (as of now, using xe.com/ucc). Once you start factoring in living expenses (depending on location of course) the amount will seem really low.

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Re:Japan's Growing Poverty Defies Glib Explanations by cbowal on Wednesday April 27, 2016 @04:38AM (#11578695)

You're off by a factor. ¥840,000 = INR 500,000

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Re:Japan's Growing Poverty Defies Glib Explanations by Pitarou on Wednesday April 27, 2016 @04:37AM (#11578688)

See what ¥840,000 will buy you in Japan. :-)

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