Re: What to buy from Greenock Creek Mailer 2014?
Posted: Wed Sep 24, 2014 2:14 pm
My apologies Gavin.
I guess it is ok to make outrageous and ignorant statements on this DB, but not cool to respond to such. So I will just leave it at this one final point.
It was posted above that China has "hundreds of millions of people living below the poverty line", which was curiously set at $1 per day. Whilst
'poverty line standards" vary considerably from country to country, WHO definition seems to be an annual income of less than $3,400USD.
Anyway, I know this is off topic, and it will be my last post on the subject, but readers may never-the-less find it very interesting. Economists out there will not be surprised, as the status quo has been there for a while, with respect to percentage of the population living below the poverty line:
1. Chad
2. Haiti
3. Liberia
4. Congo
5. Sierra Leone
6.Nigeria
21. Mexico (that surprised me, so I put it in)
56. Ukraine (again surprising)
102. Greece (perhaps not that surprising any more)
123. United States
128. United Kingdom
130. China, which has 13.4% of its entire population living below the poverty line. hmmm, hundreds of millions earning less than $1 a day? Gee wiz, I do not think you will find McDonalds, Starbucks, Burger King, BMW, Mercedes, Adidas, Puma blah blah agreeing with you… the Chinese market is the largest in the world for these and hundreds of multinationals. And yes, a Frappacino in Shenzhen, Jinan or anywhere else in China costs you exactly the same as in the USA, or Australia for that matter.
Now, if I was still on the Greenock Creek mailer, I would certainly buy the Apricot block to consume with a nice bbq anytime over the next five years.
I guess it is ok to make outrageous and ignorant statements on this DB, but not cool to respond to such. So I will just leave it at this one final point.
It was posted above that China has "hundreds of millions of people living below the poverty line", which was curiously set at $1 per day. Whilst
'poverty line standards" vary considerably from country to country, WHO definition seems to be an annual income of less than $3,400USD.
Anyway, I know this is off topic, and it will be my last post on the subject, but readers may never-the-less find it very interesting. Economists out there will not be surprised, as the status quo has been there for a while, with respect to percentage of the population living below the poverty line:
1. Chad
2. Haiti
3. Liberia
4. Congo
5. Sierra Leone
6.Nigeria
21. Mexico (that surprised me, so I put it in)
56. Ukraine (again surprising)
102. Greece (perhaps not that surprising any more)
123. United States
128. United Kingdom
130. China, which has 13.4% of its entire population living below the poverty line. hmmm, hundreds of millions earning less than $1 a day? Gee wiz, I do not think you will find McDonalds, Starbucks, Burger King, BMW, Mercedes, Adidas, Puma blah blah agreeing with you… the Chinese market is the largest in the world for these and hundreds of multinationals. And yes, a Frappacino in Shenzhen, Jinan or anywhere else in China costs you exactly the same as in the USA, or Australia for that matter.
Now, if I was still on the Greenock Creek mailer, I would certainly buy the Apricot block to consume with a nice bbq anytime over the next five years.