Wages in Europe
So an uncle of mine forwarded this article, knowing of my impending shift to Europe.
While the article does not reveal anything new to me (since I live and hang out with Europeans ),
there are some facets which intrigue me to no end and I have not been able to figure these out:
a) The proletariat are generally paid low wages relatively and inflation is high. For instance in Athens you would spend close to 8 euros for a coffee. So how can people continue living the high life? Everywhere I went in Europe a couple of years ago, and even recently in Barcelona - people are living it up! 8 Euros per coffee? No problem! A semi decent dinner for 20 euros? de nada!
Extensive traveling, eating out and generally indulging in good debauchery all this takes money (for the most part), and where are the plebs getting this money? From credit cards? In which
case, there will soon be a large credit crisis I would not want to be a part of.
b) Rental rates - why are rents so bloody high in most cities in Europe? One can't rely on tourists alone.
c) And yet one hears of indiscriminate spending on research etc. , which of course is good for me, but surely something is wrong. Is a revolution around the corner? Who'll be the first against the wall in that case?
While the article does not reveal anything new to me (since I live and hang out with Europeans ),
there are some facets which intrigue me to no end and I have not been able to figure these out:
a) The proletariat are generally paid low wages relatively and inflation is high. For instance in Athens you would spend close to 8 euros for a coffee. So how can people continue living the high life? Everywhere I went in Europe a couple of years ago, and even recently in Barcelona - people are living it up! 8 Euros per coffee? No problem! A semi decent dinner for 20 euros? de nada!
Extensive traveling, eating out and generally indulging in good debauchery all this takes money (for the most part), and where are the plebs getting this money? From credit cards? In which
case, there will soon be a large credit crisis I would not want to be a part of.
b) Rental rates - why are rents so bloody high in most cities in Europe? One can't rely on tourists alone.
c) And yet one hears of indiscriminate spending on research etc. , which of course is good for me, but surely something is wrong. Is a revolution around the corner? Who'll be the first against the wall in that case?
