A graphic on who owns what of the world GDP
(archive.vn)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (12)
sorted by:
Also, global economic stats are fake and gay anyway.
It's a game of make believe, where what you're measuring is what people believe it's worth, but it could all be gone in an instant if people stop believing.
It's like pronouns; this isn't measuring what it is, it's measuring what it identifies as.
It's worse than that as well. A country that legalizes prostitution would have a higher GDP than a country that does not holding all else constant. A country that has women stay home to cook for men and care for children would have a lower GDP than a country that employed women to care for children and cook for families despite people's quality of life likely better in the former scenario. GDP is a terrible indicator of Quality of Life which is why even "leftists" realized this and started promoting concepts like the "Human Development Index" but this itself is also terribly flawed because it has a huge leftist bias on what "Quality of Life" truly is.
At the end of the day, GDP honestly tells us nothing useful about a society.
Also, considering part of the GDP consideration is imports versus exports...I'm not sure if and how government spending factors in. The ~$100,000,000,000 to Ukraine may provide a bump to GDP on paper...ironically making it look like inflation is less than it is, too, despite helping cause inflation.
All in all, any of these global measurements are a joke because it's rigged for PR no matter what.