«Absolute advantage economy». Sounds like an endgame Tech in Stellaris, and yet it is where this is going. Fast forward, you have a choice between selling commodities and assets, betting on a Wunderwaffe, prayer, or acceptance. (getting gud is an illegal move)
@BaldwinRE Thank you Chinese worker. Oh wait !
https://yashenghuang.substack.com/p/china-as-an-absolute-advantage-economy
No Digg Deeper questions have been answered for this story yet.
«the ratio», of course, says nothing about the absolute income versus India, nor about the actual affordability of a given life standard internally, given those prices. So this is advanced cope. But still, good effort.
«Absolute advantage economy». Sounds like an endgame Tech in Stellaris, and yet it is where this is going. Fast forward, you have a choice between selling commodities and assets, betting on a Wunderwaffe, prayer, or acceptance. (getting gud is an illegal move)