Coffee is 2euros a cup here. If you make your own, ground coffee is 3,5euro per half kg.@Ray @jouni
PD-AA, in 'exchange rates terms', people of US have 25 time higher salaries than Indians, and 80 times higher debt they have, the 'Total Debt' which includes government debt+household debt+business debt.
and the prices of products there would be around 8 to 10 times higher than their prices in India, as per my own experience of buying products in Australia and India...
im just going to buy a coffee here in Delhi, which would required around 20 rupees (30 cents), while for the same type of Medium size flat white in Sydney, i used to pay $3.2. whats the price of coffee in US and France? :ranger:
Germany has good system for youth...I know I was there when studying.@Ray @jouni
sir, interestingly only Germany's Youth Unemployment rate seen falling since 'Lehman Brothers collapse'/2008-09 recession. and its the country with the lowest unemployment rate too, going further...
the story of impossible Germany among all the EU members.... i mean, the country with the lowest Unemployment Rate, saw further decline in Unemployment Rate since 2008-09. the 'only' among all the curves as below
davemanuel.com/2011/12/01/you-think-that-youth-unemployment-is-high-in-the-united-states/
true, and thats what i mentioned in my post#118 too, "parking cost, as you first drive to a shopping complex and then buy food whose prices isn't much different than India, for example. and similarly, even if you watch a movie, you pay dollar as compare to rupees in India."Coffee is 2euros a cup here. If you make your own, ground coffee is 3,5euro per half kg.
Germany has good system for youth...I know I was there when studying.
//static5.businessinsider.com/image/504081ebeab8ead13300001b/euro-zone-unemployment.jpg
100,000 Italians sign petition for eurozone exit referendum[/SIZE]
taly's Five Star Movement (M5S) party has collected more than 100,000 signatures on a petition calling for a law that would allow a referendum on withdrawal from the eurozone.
M5S MP Carlo Sibila says he expects a referendum to take place at the start of next year. Though the petition has already surpassed the required amount of signatures needed for the initiative, Sibila said that he hopes it will gather another 50,000 by early May in order to highlight the issue.
"Who wants to stay in euro? This is the main question," Sibila told RT. "But we don't want to get out just like this - we want a program and a discussion, and then let the citizens decide. It's really necessary today as the situation in Italy is going from bad to worse where jobs and economy are concerned."
The Italian constitution, however, does not provide for the cancellation of international agreements through referenda.
According to Sibila, Italy's debt increased dramatically after the introduction of the euro. He also noted that Italy's unemployment rate hovers around 12.7 percent, the sixth highest in the EU.
We can't have our own fiscal policy, but without the euro it is possible in Italy," Sibila said.
The Five Star Movement, formed in 2009 by comedian and activist Beppe Grillo, finished second in the 2014 European Parliament election with 21 percent of the vote.
Sibila stressed that M5S does not seek to leave the European Union, but merely to leave the currency union.
"Italian citizens need to have the right to decide if they want to stay inside or outside the monetary union," Sibila told RT. "We are not questioning the European Union, it is only the monetary union."
Italy joined the Eurozone in 1999, and the currency was introduced into circulation three years later.
//rt.com/news/248769-italy-eurozone-referendum-petition/
and its not just Italy only, i would wish a comment from Jouni on the graph as below too.as it does look a better picture than many other EU's economies:thumb: @jounitradingeconomics.com/italy/gdp-growth-annual
even if UK isn't part of Eurozone, its per capita income adjusting inflation is still around 2% lower than its early 2008 level, along with more than twice public debt since then too....tradingeconomics.com/finland/gdp-growth-annual
and if the energy prices remain lower for this year, then Euro will have got a 'base effect' at the end of this year. which will again help them have lower inflation due to base effect. i love the time of Euro's depreciation.... with hoping some dramatic result on the side of export from Germany, France etc, as now their products will be more dominating in world :thumb:livemint.com/Politics/ba3sxthpQVWprXAJ1Ji2oI/Wholesale-Price-Index-shows-zero-inflation-for-November.html
One in five workers in the UK is paid less than required for a basic standard of living, a report has said.
The proportion is much higher among waiters and bar staff, at up to 90% of workers, the research for accountants KPMG suggested.
It said that nearly five million people failed to command the living wage - a pay packet that enabled a basic standard of living.
The rate stands at £8.30 an hour in London and £7.20 in the rest of the UK.
This rate is voluntary, unlike the National Minimum Wage - the amount that employers must pay by law, which is set at £6.19 an hour for those aged 21 and over.
"Times are difficult for many people, but of course those on the lowest pay are suffering the most," said Marianne Fallon, head of corporate affairs at KPMG, which has itself signed up to pay the living wage.
"Paying a living wage makes a huge difference to the individuals and their families and yet does not actually cost an employer much more.
"Tackling in-work poverty is also vital if we are to enable more people to improve their life prospects and increase social mobility in this country."
BBC News - Five million paid less than living wage, says KPMG
The labor force participation rate is the percentage of working-age persons in an economy who: Are employed, Are unemployed but looking for a job
Typically "working-age persons" is defined as people between the ages of 16-64. People in those age groups who are not counted as participating in the labor force are typically students, homemakers, and persons under the age of 64 who are retired.
What is the Labor Force Participation Rate?
.first here, the Table by World Bank as below clearly tells us the dominance of China on the side of High Tech Productions, the real Rise of China
also its good to see India exporting more High Tech Products than Brazil, as below. it does says that India is somewhere, but yes, far behind China :ranger:
even if High Tech business of China has a share of imported component too, but we do know that it would only rise :ranger:
=> High-technology exports (current US$) | Data | Table
Argentina opens doors to migrants, but settling elsewhere is harder
As growing numbers of Europeans leave the continent and its economic woes, how easy is it to go and live in a new country? :coffee:
Ipanema beach in Rio de Janeiro. Some European immigrants work in Brazil illegally by repeatedly renewing 90-day tourist visas. :coffee:
Argentina opens doors to migrants, but settling elsewhere is harder | World news | guardian.co.uk
In an overtly patriotic speech filled with big conservative ideals, David Cameron called for Britain to sink or swim in a tough global world
Cameron leans on cliches to avert British decline (Op-Ed) — RT News
One in five workers in the UK is paid less than required for a basic standard of living, a report has said.
The proportion is much higher among waiters and bar staff, at up to 90% of workers, the research for accountants KPMG suggested.
It said that nearly five million people failed to command the living wage - a pay packet that enabled a basic standard of living.
BBC News - Five million paid less than living wage, says KPMG
As the fellow said that jumped of the high building as the passed the 10th floor on the way down, Good so far.
and im scared for that certain state, the Indian Society will reach one day, when Indian women too will start getting kids without marriage, but no Welfare/free medical to feed these kids as India is a developing countryIndian Americans are the highest-income and best-educated people in the United States and the third largest among Asian Americans who have surpassed Latinos as the fastest-growing racial group, according to a new survey. :tup:
The share of unmarried mothers was much lower among Indian Americans (2.3 per cent) than among all Asian Americans (15 per cent) and the population overall (37 per cent).
Indian-Americans top in income and education
My Statement
its simple that a nation is made by its people, who may develop new technologies and improve the existing ones. nothing came from sky and nothing will ever come from sky, and we need those people who may make the nation proud from their knowledge/talent/ performance.
Indian migrants are those who pay very high tax as they fall in very high income bracket, least dependent on the Welfare and the least crime rate is registered from this community living in US/EU. many Indians came under business visa after investment in US/west itself, while most of them are very high qualified and are part of developing technologies to run the US's firms, and are doctors/ CA/ including business professionals (MBAs) too, to help them run businesses etc.:cheers:
the meaning of high end educated people is much more than the amount of tax they pay
GDP Annual Growth Rate in India averaged 5.81 Percent from 1951 until 2013, reaching an all time high of 11.40 Percent in the first quarter of 2010 and a record low of -5.20 Percent in the fourth quarter of 1979.
India GDP Annual Growth Rate | 1951-2014 | Data | Chart | Calendar
India copied Pak reforms in 1990s: Nawaz Sharif
Sharif was the prime minister in October 1990 and initiated an ambitious economic programme. In June 1991, Rao became the Indian prime minister and appointed Manmohan Singh as the finance minister.
India copied Pak reforms in 1990s: Nawaz Sharif | Zee News
.
INDIA GDP PER CAPITA PPP at 1991, $1,812.36 :ranger:
India GDP per capita PPP | 1990-2014 | Data | Chart | Calendar | Forecast
and we are discussing, why the 10years period of 1991 to 2000 Economic Reform of India had 'bit' lesser growth rate than the 1981-1990 10 years period, the 10 years of just 1991 Economic Reform? (5.57% average growth rate during 1991-2000, as compare to 5.58% average growth rate of 1981-1990 period? on this Excel Sheet Calculation)
CHINA GDP PER CAPITA PPP AT 1991, $1,554.01
China GDP per capita PPP | 1990-2014 | Data | Chart | Calendar | Forecast
The Planning Commission is aiming at a total outlay of Rs 51.46 lakh crore in the infrastructure sector during the 12th Plan (2012-17), short of the earlier projection of
$1 trillion (about Rs 55 lakh crore).
http://profit.ndtv.com/news/politic...ed-for-infrastructure-during-12th-plan-310726
@RayIn 50 short years, debt has gone from being a luxury for a few to a convenience for many to an addiction for most to a disease for all,
The problem is, the more debt we have, the more future income must be used to pay the debt and its interest, which reduces the money we have to spend on things. This works to slow the economy, Butler wrote.
http://www.rt.com/usa/166352-us-total-debt-sixty-trillion/
=>
The labor force participation rate is the ratio between the labor force and the overall size of their cohort (national population of the same age range.)
https://en.wikipedia.org/wiki/Labor_force
Typically "working-age persons" is defined as people between the ages of 16-64. People in those age groups who are not counted as participating in the labor force are typically students, homemakers, and persons under the age of 64 who are retired.
What is the Labor Force Participation Rate?
."Though the unemployment rate fell in March and April, both drops reflected fewer people looking for work, not more employment,"
http://www.rt.com/usa/160596-47-percent-unemployed-not-looking/
Nearly half of US unemployed have given up looking for a job — RT USA
.Net A8 migration down 88 per cent
http://leftfootforward.org/2009/11/net-a8-migration-down-88-per-cent/
in fact,Indian Hindu society is more on comparison with the Buddhist Japan as below, the richest and the most advanced nation of Asia, including on the world in comparison with US, Germany :thumb:
=> while Homicide/Murder rate of America, a worse figure than Africa too, im myself answer-less ...... how Human life is so risky in this wealthiest part of world????Adjusted for population growth over time, the annual rape rate in India has increased from 1.9 to 2.0 per 100,000 people over 2008-2012 period. This compares to a reported rape rate of 1.2 per 100,000 in Japan, 3.6 per 100,000 in Morocco, 4.6 rapes per 100,000 inBahrain, 12.3 per 100,000 in Mexico, 24.1 per 100,000 in United Kingdom, 28.6 per 100,000 in United States, 66.5 per 100,000 in Sweden, and world's highest rate of 114.9 rapes per 100,000 in South Africa.[31][129]
Rape statistics - Wikipedia, the free encyclopedia
Washington: Indian Americans are the highest-income and best-educated people in the United States and the third largest among Asian Americans who have surpassed Latinos as the fastest-growing racial group, according to a new survey. :cheers:
The share of unmarried mothers was much lower among Indian Americans (2.3 per cent) than among all Asian Americans (15 per cent) and the population overall (37 per cent). :coffee:
http://www.ndtv.com/article/world/indian-americans-top-in-income-and-education-233757
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