Re:India has a hole where its middle class should be
by geodel on Saturday January 13, 2018 @07:10PM
(#16142134)
Pizza cost as much as it in US but people earn 1/10th of US income. So in India unless you are in top 1% of economic pyramid even a chain pizza has high aspirational value. Think of it as <1% people in India earn more than $25K per year. And 25K in salaries are at places where $200K apartment is normal thing.
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