Mfs seem to have forgotten that Chinese GDP PPP is already higher than the US
The Dredge Tank. For posting all the low tier reactionary bullshit that you can't post anywhere else. Got some bullshit from Reddit with 2 upvotes and want to share, post it here.
This community was created with the purpose that Rule 8 fans will just block it.
The rules are literally The Dunk Tank's rules, just without rule 8.
Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.
Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.
Rule 3: No sectarianism.
Rule 4: TERF/SWERFs Not Welcome
Rule 5: No ableism of any kind (that includes stuff like libt*rd)
Rule 6: Do not post fellow hexbears.
Rule 7: Do not individually target other instances' admins or moderators.
GDP is bullshit anyway, if a storm hits a city causing 200B of damage the repairs get counted to GDP but the destruction does not.
It's just a totally phony propaganda number with mutable definitions
what i love about this website is users with stupid funny usernames laying out brute knowledge unprompted, GOOD post.
Oh fuck it is a honk shoo joke that’s so good
xiao -> little, small
hong -> red
shu -> book
it's a mao reference
Banger. I’m so stupid
I don't feel like having a huge convo on this atm but thanks sincerely for your post which makes good points. I just don't want you casting your pearls before swines lol
One thing I will say is that the fact that finance capital was able to change the way the Russians calculated the size of their economies to include bullshit like stock markets before going on to raid them is exactly what I mean when I say it's a bullshit made-up propaganda measure. Maybe that's not it's sole intended purpose but it is definitely used for that purpose. A dollar spent on a factory in china is counted the same as a dollar made from creating NFT apes.
It's a fake measure with real consequences in other words. I also don't think western economists know their asses from their elbows, and spending 15 minutes in an econ 101 class illustrates why. Following that shit to it's conclusion basically leads you to ancapistan.