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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 462.40-1.0%Feb 10 4:00 PM EST

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To: Moominoid who wrote (8064)8/7/2006 11:44:09 AM
From: elmatador  Read Replies (1) of 220141
 
Now you've got me! "GDP per capita at cost of living adjusted exchange rates is about 80% of the US level.
Translation, please!

Does that mean for, say, one person GDP per capita in Germany is USD30k income per capita, when I adjust that USD30 to take into consideration the cost of living of that person incurs in Germany, he's in fact with a USD24K income per capita, since I shaved off 20%?
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