I had an interesting phone chat with a friend based in Bangalore, India using Skype (I am based in Australia). While not going into specifics, he outlined his take home pay and as he was saying it, it hit me like a thunderbolt.
His take home pay was only 10% less than my take home pay. In actual dollar terms. So, for example, if my pay was $50000, he was getting $45000 in Indian Rupees. That...
