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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (135970)4/6/2001 9:43:02 PM
From: tejek  Read Replies (2) of 1572542
 
No also if you are buying most internationally traded commodities (except sugar), or even many products that are made in Europe. The figures I posted where based on the purchaseing power of the people in each country.

Tim,

In dollars....I doubt they took into consideration the exchange rate for each currency at the time the report was published.

ted

EDIT. after typing the above, I am not sure what I said does make sense. So I can only conclude that if we are the richest and everyone is poorer than we are...then why do you never see ghettos as bad as ours nor as proliferate when you are in the member nations of the EU? And when you do run into public housing [usually in the suburbs], typically [but not always]their projects are in much better shape than ours.

Based on what I have seen and read, I don't buy there we have the highest standard of living simply because those numbers say we do.
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