@schizoidman@lemm.ee to World News@lemmy.mlEnglish • 6 months agoChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.comexternal-linkmessage-square50arrow-up1114cross-posted to: world@lemmy.world
arrow-up1114external-linkChina's Xi Jinping asked 'What’s so bad about deflation?' amid economic slowdown, report saysfortune.com@schizoidman@lemm.ee to World News@lemmy.mlEnglish • 6 months agomessage-square50cross-posted to: world@lemmy.world
minus-square@scarabic@lemmy.worldlinkfedilinkEnglish1•6 months agoWhile it’s good data to see, I’m always suspicious of celebrating the fact that people have gone from earning $2 per day to $5 per day as “eradicating poverty.”
minus-squareCowbee [he/they]linkfedilink10•6 months agoYou can check the real wages and purchasing power parity, moreover more than doubling earnings is a large feat.
minus-square@scarabic@lemmy.worldlinkfedilinkEnglish1•5 months agoCould you point out the purchasing power data? It’s a 93 page report and I don’t see any heading on that in the table of contents.
While it’s good data to see, I’m always suspicious of celebrating the fact that people have gone from earning $2 per day to $5 per day as “eradicating poverty.”
You can check the real wages and purchasing power parity, moreover more than doubling earnings is a large feat.
Could you point out the purchasing power data? It’s a 93 page report and I don’t see any heading on that in the table of contents.
Line goes up.