Comments by "May L" (@MeiinUK) on "Oh No! China's Economic Plight Nakedly Unveiled by 180M-Fan Influencer! Now the Whole World Knows!" video.
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@kyleaugustine6886 : Yeh but his cost of living is lower though. That is the ratio thing, on top of supply chain operations to get it there as well.. as well as overhead costings as well. The reality is that, that coffee should indeed be MORE expensive than it is already. The reason is that cos China, that is PRC does not have a commodities market for coffee and hence it seems like it is cheap. And they statically set the price at the point of its originally sold price point. But imagine if they did have this... then sure.. it can indeed go up as well.. like the rest of us had to pay for expensive coffee. They are kind of cheating their way out of things to be honest... That is why they want to increase that price point, but to be frank and fair.. should it be as such ??? And also, in the USA, you guys have a higher salary but how much taxes do you pay ? And you guys don't have a state medical care either like we do. We pool back our money to get this as well. Same with china. Well.. they do have free state healthcare as well.. which is the point. But whereas even though your salary is higher, you guys pay a lot more for your every day things...and what you earn, is what you need to pay. Even in Europe.. some states pay around 40-50% of their salary to the state for schools, medical care... pensions... etc etc. Even now, the UK's calculation is not enough for pensions. i.e. You need to have a state pension and a private pension and savings to see you through !!!! (This is why I hate these kind of chats about China, cos they aren't necessarily reporting explicit correct info. Everywhere you go, the range can vary from their province to their city or their states.. so it is meaningless...)
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@hailandfire1822 : It is very different though as well. Many doctors in the West, are not just a job. They actually own the business that they run as well. So it means that, their salaries has to carry the clinic as well? This is another one of those stupid media or social media thing, which can cause jealousies.. but without actual understanding of the obligations, the rights, and the regulations.. and the ins and the outs as well. So basically, I don't know about the USA, I presume that, the doctors also actually has to pay some kind of professional insurances as well. Cos the ones in the UK has to carry the weight of the building and has to run it as a side business, but with the medical side controlled and regulated by the state instead. Not the building and the salary, that too could be a possibility, but it is half privatised. Whereas it is clear that in China, their hospitals are carried by the provincial or city budgets. And they have to wrap it under some kind of SOE model as well. And then, either individual SOE or the collective, the entire thing has to be wrapped up as a listed company in their exchange...
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