collapse

Author Topic: Is my math right?  (Read 101 times)

0 Members and 1 Guest are viewing this topic.

Offline gaden

  • Administrator
  • Hero Member
  • *****
  • Posts: 9150
  • Karma: +82/-8
  • Gender: Male
  • Executive Secretary of the Secretariat
Is my math right?
« on: September 11, 2017, 07:30:32 PM »
Let's say a sandwich street food vendor sells 100 sandwiches a day for a profit of $1 per sandwich.  She will make $100/day or $36,500/year.

$36,500/year?  What the hell is Vietnamese people working in factories for an income of $3000 GDP for?


Offline literallyChina

  • Hero Member
  • *****
  • Posts: 2644
  • Karma: +11/-49
  • Gender: Male
  • Bá-Khiêm
Re: Is my math right?
« Reply #1 on: September 12, 2017, 12:18:13 AM »
You may sell $100 a day
But you have to buy the ingredients to sell $100 sandwiches a day

Income does not equal profit

So even if the sandwich costs $1
The bread, meat, salad, cooking costs, operation costs, prep work etc is going to be costly.

Vietnamese are working in factories because it's more comfortable. You sit down in air conditioned room indoors rather than standing around a cart outdoors.

 
Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
What is the most common last name in VN?:


Forum Activities

Foreign Investors Will Take Heart in Vietnam’s Anti-Graft Crackdown by lalapaluza
[Today at 02:39:52 PM]


Tel Aviv Jewish Mayor criticized for enjoying Dog Meat in Vietnam by lalapaluza
[Today at 01:52:58 PM]


who to blame for this type of poverty? by lalapaluza
[Today at 01:14:39 PM]


Why is Saigon Broadcast Television Network allowed in Vietnam? by lalapaluza
[Today at 12:56:39 PM]


never to make people conscious of inequalities of wealth by lalapaluza
[Today at 12:41:15 PM]


Meet the world´s first fish sauce USD billionaire by 大越
[Today at 12:24:34 PM]


Month long celebration by Olive Juice
[Yesterday at 11:59:28 PM]


random thoughts thread by Olive Juice
[Yesterday at 10:55:06 PM]


Dieu by gaden
[Yesterday at 09:41:52 PM]


Jan 2018 Soccer Madness in Vietnam by gaden
[Yesterday at 09:41:00 PM]


How Loyal Do you think Asians-Americans to America? by JA DU ( transracial)
[Yesterday at 09:35:07 PM]


Why US Vietkieus converted themselves to Christianity after they left VN? by Olive Juice
[Yesterday at 08:42:36 PM]


Made in Vietnam Vinfast SUVs to showcase at Paris Motor Show 2018 by Olive Juice
[Yesterday at 08:17:13 PM]


Do you think ironmans views will bleed into his website eastbound88 by JA DU ( transracial)
[Yesterday at 06:26:21 PM]


Asia´s best and worst country for ease of doing business by lalapaluza
[Yesterday at 04:51:06 PM]


90% of SEA’s poor live in Indonesia and Philippines by lalapaluza
[Yesterday at 04:42:08 PM]


"captain sidewalk" is going to get whacked soon by gaden
[Yesterday at 06:11:40 AM]


I hope the EU puts a economic embargo on Vietnam by ngjm95
[January 21, 2018, 01:30:47 AM]


How to reduce poverty in rural areas? Suggestions by Atreygutten
[January 20, 2018, 10:18:15 AM]


US door opens for Viet Nam powder milk by ngjm95
[January 20, 2018, 02:47:36 AM]


GDP per capita is BS when income inequality is rampant by Qu Đơn
[January 19, 2018, 10:04:05 PM]


Solar, wind may boost Mekong region energy by convoy
[January 19, 2018, 10:02:30 PM]


White UK guy set Vietnamese girlfriend on fire with petrol by Qu Đơn
[January 19, 2018, 07:39:36 PM]


are you a warm person or a cold person by lalapaluza
[January 19, 2018, 04:33:07 PM]

* Recent Posts

Foreign Investors Will Take Heart in Vietnam’s Anti-Graft Crackdown by lalapaluza
[Today at 02:39:52 PM]


Tel Aviv Jewish Mayor criticized for enjoying Dog Meat in Vietnam by lalapaluza
[Today at 01:52:58 PM]


who to blame for this type of poverty? by lalapaluza
[Today at 01:14:39 PM]


Why is Saigon Broadcast Television Network allowed in Vietnam? by lalapaluza
[Today at 12:56:39 PM]


never to make people conscious of inequalities of wealth by lalapaluza
[Today at 12:41:15 PM]


Meet the world´s first fish sauce USD billionaire by 大越
[Today at 12:24:34 PM]


Month long celebration by Olive Juice
[Yesterday at 11:59:28 PM]


random thoughts thread by Olive Juice
[Yesterday at 10:55:06 PM]


Dieu by gaden
[Yesterday at 09:41:52 PM]


Jan 2018 Soccer Madness in Vietnam by gaden
[Yesterday at 09:41:00 PM]


How Loyal Do you think Asians-Americans to America? by JA DU ( transracial)
[Yesterday at 09:35:07 PM]


Why US Vietkieus converted themselves to Christianity after they left VN? by Olive Juice
[Yesterday at 08:42:36 PM]


Made in Vietnam Vinfast SUVs to showcase at Paris Motor Show 2018 by Olive Juice
[Yesterday at 08:17:13 PM]


Do you think ironmans views will bleed into his website eastbound88 by JA DU ( transracial)
[Yesterday at 06:26:21 PM]


Asia´s best and worst country for ease of doing business by lalapaluza
[Yesterday at 04:51:06 PM]


90% of SEA’s poor live in Indonesia and Philippines by lalapaluza
[Yesterday at 04:42:08 PM]


"captain sidewalk" is going to get whacked soon by gaden
[Yesterday at 06:11:40 AM]


I hope the EU puts a economic embargo on Vietnam by ngjm95
[January 21, 2018, 01:30:47 AM]


How to reduce poverty in rural areas? Suggestions by Atreygutten
[January 20, 2018, 10:18:15 AM]


US door opens for Viet Nam powder milk by ngjm95
[January 20, 2018, 02:47:36 AM]


GDP per capita is BS when income inequality is rampant by Qu Đơn
[January 19, 2018, 10:04:05 PM]


Solar, wind may boost Mekong region energy by convoy
[January 19, 2018, 10:02:30 PM]


White UK guy set Vietnamese girlfriend on fire with petrol by Qu Đơn
[January 19, 2018, 07:39:36 PM]


are you a warm person or a cold person by lalapaluza
[January 19, 2018, 04:33:07 PM]

* News Feeds

* Realm Love Aquarium