r/BeAmazed Feb 12 '25

History same driver, 26 years apart in China

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50.8k Upvotes

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88

u/[deleted] Feb 12 '25

Look at China now making the US look like a third world country.

9

u/gazing_the_sea Feb 12 '25

Don't get amazed by the shining lights on china, it still has A LOT of issues, especially when you aren't in the main cities.

22

u/[deleted] Feb 12 '25

So? We have countless issues here in The States and nothing close to some of the infrastructure that exists in China. They're leaps and bounds ahead in that regard.

-3

u/Traditional_Buy_8420 Feb 12 '25

USA has almost 4 times the GDP per Capita and a pretty similar Gini coefficient (which measures how well the income is distributed) giving many of US citizens a couple more options than Chinese ones.

7

u/NeverQuiteEnough Feb 13 '25

all this does is illustrate how useless of a metric GDP per capita is.

in the US can we retire? can we afford healthcare? can we afford our own homes?

no, we can't afford any of that.

people in China retire at 54, own their own homes, and don't go bankrupt from medical debt.

the gini coefficient isn't meant to correct for stuff like the comical inefficiency of the US healthcare system.

16

u/Zigleeee Feb 12 '25

this isnt making the argument you think it is...

2

u/Traditional_Buy_8420 Feb 13 '25

What argument do I think this is?

2

u/Mintyytea Feb 13 '25

Theyre saying it looks even worse then that we make more but cant afford the necessities to live. Make 4x more yet cant buy housing, can become bankrupted/homeless by a hospital visit, can not retire until 65 with some people forced to work years after that or never reaching retirement from passing away early. Our average lifespan keeps going down due to lack of health coverage so with average lifespan of 79, its not a lot of years left. I checked Chinas is the same as us now, 79, but they will likely go up more as they progress further and that commenter above said theyre retiring at 54, so they spend more time than us to actually live retirement age

2

u/Traditional_Buy_8420 Feb 13 '25

What statistic says Chinese retire at 53?

https://www.scmp.com/economy/china-economy/article/3279003/china-has-raised-its-retirement-age-how-does-compare-other-countries

Says 64.

And according to https://www.nerdwallet.com/article/investing/social-security/average-retirement-age-us

That's 62 for the US.

Also until then the Chinese start working at an earlier age, work 10 hours more per week and receive less income during retirement.

All of that is besides the point I was trying to make which is that it's much easier to migrate from a high income country to a low income country than vice versa, not least by the thing that like twice as many countries automatically accept people with US passports than the Chinese one, so you guys literally have way more options.

5

u/FlyChigga Feb 13 '25

4 times richer and all the cities and infrastructure look 4 times older