• Commiejones@lemmygrad.ml
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    15 days ago

    So you trust the IMF, World Bank and OECD to crunch the numbers on PPP? You trust the company “Visual Capitalist”? They torture numbers into pretty images for money and are proud to have done so for Black Rock, Goldman Sachs, JP morgan and Guchi to name just a few of their “partners.”

    Forget the numbers for China for a second, Do you actually believe that american households had 29% increase in their wages compared to living standards over the last 30 years? As you said we all know how america is doing and the trend over the last 30 years is not upwards.

    Again maybe china has a 500% increase in wages adjusted to cost of living but maybe it is closer to 1000% or maybe it is only 300% but usa is negative 30%.

    I don’t trust the methodology of the infographic. I especially do not trust a single person involved in the production of these numbers and the more I look into it the more I am convinced that nobody should.

    • Grapho@lemmy.ml
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      14 days ago

      Real convenient how westerners start disbelieving western sources as soon as they’re in consensus with AES adjacent sources

      • Commiejones@lemmygrad.ml
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        14 days ago

        what AES adjacent source is saying that China’s wages have increased exactly 500% over 30 years?

        This graph was created by people who worked for Black Rock, Goldman Sachs, JP morgan and Guchi they are not an AES adjacent source.