SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nextrade! who wrote (14093)10/1/2003 8:26:54 PM
From: Wyätt GwyönRead Replies (3) of 306849
 
based on that article, a US programmer making 80K, or $40 an hour, makes just twice the national average hourly rate of $20. whereas an Indian programmer, making 5K, or $2.50 an hour, makes more than 10 times the national average of $0.24. quite incredible, that the Indian programmer could make just 1/16 of what the American makes, and yet be comparatively richer by a factor of five. one wonders how long the first world as we know it can persist.

thanks for posting.

btw, how rich is a person who is making 5K in India? is it really like somebody making 400K here? can they hire live-in maids, butlers, etc? or are such luxuries the province of the truly wealthy making upwards of 10K? at 10K, or 20 times the national average, that would be equivalent to somebody making $400 an hour here, or 800K a year. such a person can probably afford a butler or two.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext