Recent content by friedkamote

I'm a 31-year old family man who's been living overseas for the past 8 years. We visit the Philippines every year, so I'm not out of touch with the realities over there. I still insist that fresh graduates who buy games and earn only 12,600 pesos a month are unlikely to be living on their own...

No, you don't pay $1.20 for a cheap lunch in the U.S. A cheap lunch costs anywhere from $3.50 to $6 in NYC, so a "kid" would have to go without lunch for 17 days to purchase a game, and a kid in the Philippines would have to do that for 27 days (2,200 pesos / 80 pesos for lunch at most private...

Your estimates are flawed because you fail to take into account the relative value of monetary amounts. A meal from a jolly jeep costs 53 pesos or around $1.20. So let's divide $1.20 by $3,400 then multiply it by $46,000. Using your ratio, $16.23 for lunch in the United States would be cheap...