That’s the Xi Jinping grindset for u
What’s that huge spike downwards for malasya?
That’s the infamous 1997-98 Asian financial crisis. Neoliberalism does it’s wonders aye?
thailand has a bigger downward spike, is that the one you mean?
The big green/blue one idk graphs are complicated
Looks like Malaysia drops from about 3.2 to 1.5 around 1997 (approximate loss of $1.70p/h, or >½). And that Thailand drops from about 2.6 to 1.8 around 2015 (approximate loss of $0.80p/h, or roughly >⅓). Are Frippa and I reading this wrong?
Edit: Q to @whoami@lemmygrad.ml, not Frippa.
ahhhhh I’m just dumb. Yes Malaysia had a massive drop in the 90’s. Thailand had a drop around 2015
Not at all, it’s not the clearest graph. It’s not accessible. Graphics departments need to realise that different colours need to be distinctly different, or add arrows like they did here with India and the Philippines.
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Aswell as ensurance and so on. But yes, most it are wages.
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Was logical once they got a pass for “human resources”.
They’ve been doing this for decades. It’s nothing new. Listen to publicly traded companies quarterly shareholder meetings, or even just USA’s Federal Reserve. I worked at a place that had different wages for different cities. They called the differential a COLA. Not “Cost Of Living Adjustment”. They called it “Cost Of Labor Acquisition”.
Oh no where will the poor western bourgeoisie offshore their manufacturing now?!
What’s SWCC?
Socialism With Chinese Characteristics, official name of chinese system.
