Ethan
2.4K posts














China vs. the US. Same world. Wildly different price tags. The numbers don’t lie, and they tell a fascinating story. Average monthly salary in China: $1,007. In the US: $4,276. That’s a 4.2x income gap. But here’s where it gets interesting. Food costs don’t follow the same ratio. A meal at an inexpensive restaurant in China costs $2.84. In the US? $20.00. That’s 7x more expensive. A dozen eggs: $1.57 in China vs $4.41 in the US. A cappuccino: $2.95 vs $5.32. White rice per lb: $0.43 vs $2.09. The Chinese consumer is paying dramatically less, not just proportionally, but in absolute dollar terms. Now look at the real squeeze. Broadband internet in China: $11.23/month. In the US: $72.43/month. Mobile phone plan in China: $8.95. In the US: $60.90. Basic utilities: $51.89 in China vs $210.49 in the US. Infrastructure costs in America are crushing the middle class. The one area where China doesn’t win? A new compact car costs $18,488 in China vs $35,699 in the US. Cheaper, but relative to monthly salary, still a 18-month income commitment for the average Chinese worker. The real insight: China has engineered a low-cost, high-efficiency consumer economy. The US has engineered high wages but also high costs that quietly consume them. Purchasing power parity tells a story that raw salary comparisons completely miss. I have lived in China for over 20 years and I can attest that we get more for less. The only thing I would say it’s ridiculously expensive is real estate prices, where an ordinary person would had to work their whole life to pay off the mortgage. Price-to-income ratios are estimated at: * Beijing: ~37x annual income * Shanghai: ~38x annual income That means an average household may need 30–40 years of total income just to buy a home outright. This is why many Chinese families: * pool money across 2–3 generations * rely heavily on parents for downpayments * prioritize home ownership above almost everything else Important shift happening now: China’s property crisis actually reduced prices in many cities: * mortgage rates fell sharply * home prices declined * affordability improved versus 2020–2021 peaks But psychologically, many young Chinese are now: * delaying marriage * delaying home purchases * preferring renting * less willing to take 30-year debt because they watched previous generations become heavily leveraged into declining property markets.

我在想,一个民主国家的总统,出行为何这么大的阵仗,真的有必要吗?因为几十年前总统出行都相对简朴。只能理解,无论是大国威仪,还是总统人身和信息安全,这些被严重夸大、远远远远超过实际需求的配置,背后的天价预算,都是生意。就像川普每年花费上亿在往返海湖庄园打高尔夫一样。如果缺乏自律和节制,资本主义的阴暗和腐败的一面,确实是难以治愈的癌症。
























