Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (10386)	9/28/2001 2:01:26 AM
From: elmatador	Read Replies (1) of 74559

<<you're poor at a higher income level>> But you can also do quite well in a lower income level. Just use Purchase Power Parity. There are a lot of well off people in places not poor places. Take the basket of goods and calculate how much it will take to earm the money to buy it. Lets compare Prague (20% better off than average Western Europe and Curitiba where I lay my hat every decade or so) I can use my case: I am moving to Brazil next week. International School here in Prague costs 750 Euro/month. In Brazil is about half. (I wouldn't put my daughter in a state-owned school, see Snowshoe and CB). Here in Prague, I pay 2300DM for the flat (furnished, utilities included). Mine -in Curitiba- about the same size, I own free of debt, and one could rent if for about 200USD (unfurnished, utilities not included) a month. Swimmingpool, Tennis court, barbecue and all. I spend about 200USD in telephone fees for Internet dial up. In Brazil with less than 50USD I can get 384Kbit/s via cable modem. So In Brazil you can leave cheaper than I here. The only problem: The beer In Czech Republic is just the best in the world, I will miss it!

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