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GDP Purchasing Power Parity 2014

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PPP is actually a good measurement to find actual figure of production of any country.
 
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'Made in China' boost Chinese PPP, most goods produce & sell in China.
 
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75 K and the dude shares and apartment with 2 other dudes and drives a taurus. That is one cheap Baniya.


Well he could be saving. Prior to me buying a house, I had a room mate and lived in a 3 bedroom apartment. Mind you i make close to $200,000 USD.

Let's just say that in the 4 years that i rented an apartment, I was able to save the money and able to put down 50% downpayment on a house that is worth $300,000.

Its all about fiscal conservancy, dude. Save so you can buy the big boy's toys later on.

:)
 
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Well he could be saving. Prior to me buying a house, I had a room mate and lived in a 3 bedroom apartment. Mind you i make close to $200,000 USD.

Let's just say that in the 4 years that i rented an apartment, I was able to save the money and able to put down 50% downpayment on a house that is worth $300,000.

Its all about fiscal conservancy, dude. Save so you can buy the big boy's toys later on.

:)
Sounds boring...
 
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Well he could be saving. Prior to me buying a house, I had a room mate and lived in a 3 bedroom apartment. Mind you i make close to $200,000 USD.

Let's just say that in the 4 years that i rented an apartment, I was able to save the money and able to put down 50% downpayment on a house that is worth $300,000.

Its all about fiscal conservancy, dude. Save so you can buy the big boy's toys later on.

:)

I thought you were a PhD student. How in the world do you make 200,000.
Teach me your secrets.
 
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There are many ways to calculate PPP. It's too subjective. So it's unreliable. Just like the Vedic Indian GDP calculation.
Hence proved. You have shit knowledge bout economics.

Nominal GDP cannot be calculated without calculating ppp GDP. And I am sure you dint know this.
 
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I thought you were a PhD student. How in the world do you make 200,000.
Teach me your secrets.

1) Im a full time risk analyst
2) Teach part time in university

To give you an idea how much risk analyst make,
Cornerstone Research Salaries | Glassdoor

I thought you were a PhD student. How in the world do you make 200,000.
Teach me your secrets.

By the way, there are so many job opportunities to do consultancy work, you don't even have to work full time, do so part time, and they still salary you at least in the $60k range to do policy work or quantitative reviews. The trick is that you need academic background, at least a Masters degree, or a doctoral degree (or at least finishing it).

Get your Ph.D in economics , i/o psych, stats, --- and you can easily make over $150k in industry. So much job opportunities its unbelievable. You could technically work 2 part times jobs doing consultancy and still make over 100k. lol.
 
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Its called fiscal responsibility. I personally like having over $100k in liquid cash in my bank account , whenever i need it. You have to save to attain that. As they say, "a penny saved is a penny earned."
Some call it cheap...
 
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Ah ha, Vietnam PPP GDP per capita is nearly 6,000 US dollars.
It can't make us look like richers. When we go aboard for tourism.
 
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:pop:
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The World Factbook

European Union is not a country, at least not yet!
 
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