poor us.

March 29, 2010

poor us paupers in a 1st world economy.

re-read the ubs study done last yr and i feel even more strongly for it now tt i’m in the midst of job hunting.

Singapore was ranked the second most expensive place to live in after Tokyo, surpassing Hong Kong for the first time………In other words, though the cost of living is higher in Tokyo, the average Japanese has a domestic purchasing power more than twice that of an average Singaporean……. An average wage earner is Zurich and New York can buy a nano from an Apple store after nine hours of work. A Singapore worker will have to work three times longer after 27.5 hours (tokyo 12hrs, hk 19hrs)….Though Malaysia is still a developing country and has a GDP (PPP) per capita of only $14,215, less than 3 times of ours, the ordinary Malaysian citizen has about the same domestic purchasing power as the Singaporean….

depressing!

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