Mass Migration - housing - fertility cycyle
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China loves our currency. Its worth 7 times more in china than in America. Thats how they can work for pennies and still survive.
You think because 1 USD = 7 renmimbi that its worth “7x more in china than in america”?
Wait until you hear about the Japanese Yen or Korean Won…
Now I understand why I enjoy my time in Vietnam so much. Every dollar is worth like $26,000!
Price per Big Mac Currency Beijing, China ~24–26 元 Chinese Yuan (CNY)
Washington, DC, USA ~5.75–6.20 USD