Re:Global Income Inequality
by bellyfullofbac on Friday March 12, 2021 @04:53AM
(#26433901)
didn't read the article, but felt you had to comment after all? The first section deals with your "insight" (yeah HN says don't be snarky, but come on):
> In this and all below charts, all $1 USD is equivalent to $1 PPP (roughly speaking, $1 PPP can buy an equivalent amount of food and other vital goods in the US as it can in China).
Re:Global Income Inequality
by NaturalPhallacy on Friday March 12, 2021 @10:16PM
(#26443582)
I did read the article which is how I found the chart at the very bottom.
Income inequality compared worldwide is useless information.
$1 in Niger buys you quite a lot in Niger (the first African country I randomly clicked in the interactive chart at the bottom).
$1 in USA doesn't buy you shit in USA.