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Mark Fletcher - http://www.markfletcher.org/blog
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Originally posted by Mark Fletcher:
Perhaps if you took those figures and divided by population to get purchasing power per head, it would become a lot more clearer?
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Originally posted by Cindy Glass:
First you would have to know all of the parameters that influence the calculation of the Purchasing Power Parity.
China is a BIIIIIIIIG place. Even if you only add up the small amounts purchased by each family for their daily food intake it adds up to alot.
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Originally posted by Cindy Glass:
Sigh.
Don.
Chinas population in 2001 was 1,260,000,000.
If their PPP was $5.56 trillion then it works out to $4,413 per person.
The US population in 2001 was 281,422,000. If the PPP was $10.082 trillion and it works out to 35,825 per person.
So the people in the United States are about 8 or 9 times as rich as the people in China by this measure.
Sounds reasonable to me. What is YOUR problem with those numbers?
Originally posted by Jason Menard:
[b]I'm not sure, but I believe the numbers that Don provided are actually GDP using PPP.
[ December 10, 2002: Message edited by: Jason Menard ]
Originally posted by Don Liu:
My point is simply this: the report comes from CIA, so it has security background.
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Originally posted by Randall Twede:
seem to remember there is median, mean and mode, but i cant remember which is which.
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Originally posted by Cindy Glass:
However the fact that China has that big a PPP does not mean that it has ANY disposable maney available to use on stuff like nuclear weapons. If every penny is required to sustain life, there is not much of a threat there.