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Why is Budapest so poor but looks so rich?
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Tail Gunner Offline
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Post: #151
RE: Why is Budapest so poor but looks so rich?
(05-17-2019 11:16 AM)Killarmy Wrote:  Jesus Christ, I never realized until now that this forum was so full of ignorant extremely fucked up brainwashed brain-dead fuck twats.

Oh look, another "ignorant extremely fucked up brainwashed brain-dead fuck twat" got banned!

   
(This post was last modified: 05-18-2019 11:14 PM by Tail Gunner.)
05-18-2019 11:11 PM
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Australia Sucks Offline
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Post: #152
RE: Why is Budapest so poor but looks so rich?
Tail Gunner, I personally think PPP (purchasing power parity) comparisons are a flawed concept. In todays globalised economy a lot of things are based on international prices as many goods are imported. For example lets say in country A that median wages are equivalent to 20,000 Euros per year (before tax) but are deemed to be the equivalent of 40,000 Euros per year (before tax) based on PPP and in country B median wages are 40,000 Euros per year and are deemed to be 40,000 euros per year based on PPP (because it is a high cost of living country). Now there is a very good chance that for example a median worker in country A will never be able to buy a decent quality brand new car which for example costs 15,000 Euros whereas a median worker in country be will be able to buy a new car which still costs the same 15,000 euros. Therefore in poor countries people are priced out of the market for certain goods and services such as new Japanese, American or German cars, long haul international flights, international holidays, etc. To buy a nice apartment in the center of Prague will probably cost you the same or more than buying a similarly central and nice apartment in a city with an equivalent population in a country like U.S.A., Germany or Australia, etc because Prague is an international touristic city. But of course the typical Prague local earns a much lower salary than somebody living in an equivalent sized city in a wealthier country.

This does not even take into account the fact that actually in some cases middle and lower income countries certain goods such as cars, electronics etc can sometimes cost more than in developed economies due to higher tariffs, freight costs, etc. For example a lot of electronic goods (as well as American brand clothes) are cheaper in U.S.A. than in most of Latin America. Hence people smuggling in laptops, Iphones etc from U.S.A. to LatinAmerican countries.

I think purchasing power parity is flawed because it has a feedback loop because it looks at spending based on a basket of goods which is related to what people actually buy so when its a poor country a lot of people cannot afford to buy certain expensive imported products so there weighting in the basket is low.

Aside from the imported goods factor there is also a big class divide factor in some countries which can affect prices for certain non-imported services/goods also. For example when I visited Chile there is huge wealth inequality in the economy there. Supermarket prices and prices for cafes and restaurants were generally on par with and sometimes higher than Australia and tourist accommodation prices on a comparable quality basis were only slightly cheaper (this is despite the fact that wages in Chile are much lower). Fuel and car rentals/purchases were more expensive than in Australia (due to higher taxes on these items) but taxis in Chile were much cheaper due to lower taxi licensing fees and lower wages. Things like buying fruit and vegetables from the market or using the train or bus (i.e. goods and services for poor people) were a fraction of the cost when compared to Australia. When I was in Chile (especially in Santiago) I realized that if I want to live like a working class person in Chile it is much cheaper than living a similar working class lifestyle in Australia. But to live an upper middle class lifestyle in Santiago would cost me almost the same as living a similar upper middle class lifestyle in Sydney. This is what is relevant to people on the forum not some theoretical PPP adjusted bullshit.

I think a fairer (but still imperfect) way to do a comparison between two cities in different countries is to go to website like Nomad List and see how much the monthly cost of living estimate is for a quality nomad/expat lifestyle and then compare that to local median wages in that city. This gives a better comparison of median wages to "middle class" living expenses. Because let's face it none of us on the forum are going to middle or lower income countries to live the lifestyle of the average local which is what PPP comparisons are based on.
(This post was last modified: 05-19-2019 01:54 AM by Australia Sucks.)
05-19-2019 01:37 AM
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Australia Sucks Offline
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Post: #153
RE: Why is Budapest so poor but looks so rich?
On another note certain guys in the forum seem to think every problem a country experiences is caused by immigration. But notice apart from a few exceptions like Japan and Dubai its mostly the wealthier countries that have more immigrants and the xenophobic countries are often the less wealthy ones. Now I realize it is more a case of wealthy countries attract immigrants rather than immigrants causing a country to be wealthy. But what I am getting at is that its a bit simplistic and a bit of a long bow to draw to say that dysfunction is the result of immigration. Immigration and having a very mixed race population seems to work quite well in countries like Singapore, Malaysia, New Zealand, Hong Kong, Australia, etc. In Australia we have a lot of wealthy and hard working Asians who come here and contribute immensely to our society. I do not think its race issue I think countries just need to properly vet immigrants to only take people who can speak the local language and have money (or a good education) with good job prospects, etc instead of flooding their countries with broke refugees who have no job prospects. The immigration policy of Australia has been much more successful than a country like Germany and it has nothing to do with Australia only taking in "white"/"European" people.

Notice how all throughout history the great and powerful cities of the world such as Carthage, Rome, London, New York, Amsterdam, etc have always attracted large numbers of foreigners. Its is rare for a xenophobic and insular city to become so important. When countries and cities attract large numbers of immigrants it is a sign that they are booming, important and lively and internationally relevant.

Look at Japan a clean, wealthy and orderly country that is xenophobic. The economy has stagnated for 30 years now and population is declining. Not really what I would consider a role model to be emulated.
(This post was last modified: 05-19-2019 02:13 AM by Australia Sucks.)
05-19-2019 02:04 AM
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Klan Killer Offline
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Post: #154
RE: Why is Budapest so poor but looks so rich?
Pretty much this ^ Honestly without immigrants the place I live in would be a shitty ghost town with no industry.

My 5% white suburb is leaps and bounds better to live in than 100% white Moldova, 100% white third tier Russia, or 100% white West Virginia. Most human beings (including young whites) would agree with me. My neck of the woods is objectively better to live in than some butt fuck place that happens to be 100% white.
05-19-2019 02:13 AM
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Poseidon Offline
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Post: #155
RE: Why is Budapest so poor but looks so rich?
[Image: zGHQb4O.gif?2]
05-19-2019 02:36 AM
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nomadbrah Offline
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Post: #156
RE: Why is Budapest so poor but looks so rich?
(05-17-2019 04:36 PM)Klan Killer Wrote:  
(05-17-2019 04:11 PM)rudebwoy Wrote:  https://borgenproject.org/facts-about-po...n-hungary/

[b]Many young people feel like they have no future in the country. According to a report by the Hungarian Central Statistical Office, about half of people between the ages 19 and 30 would like to work abroad.
[/b]

Almost half of Hungarians–44 percent–cannot afford basic resources. This compares with an average of 19 percent across the EU.

Lol who's changing the subject? Wasn't me or rude who brought up PPGDP then immediately scrapped it up because it brought up uncomfortable facts.

Re read the bolded part. I guess even if almost half of all Hungarians want out and can't afford basics it's still a great place to be tard

(05-17-2019 04:48 PM)rudebwoy Wrote:  @Klan Killer - I have mentioned that stat before, countless times but he chooses to ignore that simple fact.

If you cannot afford the basics, YOU ARE POOR.

Period.

Where's the source of that stat Rudebwoy?

Is this really the best you can do, link to an unsubstantiated claim? That is not a "stat", it's a claim. I wouldn't advise you to argue like that in a professional setting.
05-19-2019 07:03 AM
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Tail Gunner
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Post: #157
RE: Why is Budapest so poor but looks so rich?
Maybe get glasses and look at link that was provided, in the post you replied too.

So any link you post is fact and anything that doesn't support your argument is a claim.

I repeat, I've been to Hungary numerous times. The OP obviously saw with his own eyes the state of the people there, which he deems as being poor.

I would love to hear your thoughts on the country when you visited.

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(This post was last modified: 05-19-2019 10:25 AM by rudebwoy.)
05-19-2019 10:20 AM
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Polniy_Sostav Offline
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Post: #158
RE: Why is Budapest so poor but looks so rich?
Probably because Budapest is like a facade to the country. It is made to please tourists.
05-19-2019 10:23 AM
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Tail Gunner Offline
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Post: #159
RE: Why is Budapest so poor but looks so rich?
(05-19-2019 02:13 AM)Klan Killer Wrote:  Pretty much this ^ Honestly without immigrants the place I live in would be a shitty ghost town with no industry.

My 5% white suburb is leaps and bounds better to live in than 100% white Moldova, 100% white third tier Russia, or 100% white West Virginia. Most human beings (including young whites) would agree with me. My neck of the woods is objectively better to live in than some butt fuck place that happens to be 100% white.

Yet another SJW imbecile banned. Goodbye Klan Man. Go start your own girly-man forum. When will they ever learn?

It is ironic that he raised this misguided argument in a thread about Hungary, when the multi-ethnic Austro-Hungarian Empire disintegrated because numerous minority ethnicity groups rebelled during a period crucial to the survival of the Empire. So much for diversity as a positive trait for the survival of a nation.
(This post was last modified: Yesterday 11:53 PM by Tail Gunner.)
Yesterday 11:47 PM
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