Message from @wuzamarine
Discord ID: 677153740561580032
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ
China has 1.3 billion people and more evenly distributed to the common man vs the top 1% in the west.
Evenly poor
Excellent
Less debt
lower overhead
Less debt?
You mean government wise?
If we’re looking at incomes, people in the west are far richer
Especially America
China is pretty poor
China knows what an ROI is
They are the largest economy
yes because they are the largest population.
Doesn’t mean they’re better off, they’re far below in per capita than the west
Like I said - that means lower income
China GDP ppp per capita is 16000
That’s weak.
only because you think an expensive is spendable.
GG @wuzamarine, you just advanced to level 3!
A what?
I’m not following
Debt comes in 2 formats. Good and Bad debt.
Good debt has an ROI. Bad does not.
Walls have no fucking ROI.
Giving every citizen a home that needs it, does.
I don’t see how this is related to the fact China is poor
In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty.[1][2][3] The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million Chinese people have been lifted out of extreme poverty; China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.
China knows how to address the basics.
Which is why many are in poverty
22.2% live less than 5.50 dollars a day
They all have homes.
Washington DC has a family holed up on every street corner.
Homelessness rate in the us is like 0.7%
The long term rate is 0.2%
And this doesn’t mean they’re on the street, homelessness has most people in temporary shelters etc
Keep in mind statistics from the Chinese government are also not accurate.
USA is full of crap.
Now that is poor
5000 annul household income...
Yeah just look at California lmfao
In the us it’s like 60k
They don't have the debt