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Old 04-27-2011, 07:02 AM  
stillsexy
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Join Date: Dec 2006
Posts: 1,913
Singapore - one of the richest countries in the world with low living standard

Many people think Singapore is one of the richest countries in the world, however, many do not know that it has very low standard of living and low purchasing power. To enjoy the same lifestyle you have back in the States, you will have to folk out probably 3 times more of your money. There are many places in emerging nations becoming like Singapore, getting richer but declining quality of life due to inflation.

America has probably become one of the poorest countries (if measured based on net debt), however, its standard of living is still one of the highest.

Which place will you choose to be in the next 30 years?
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