What is GDP

tobelightlight

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Statistics like GDP are dangerously skewed in favor of the wealthy. Even the creator of GDP warned us against using it outside of wartime.

Now it’s been weaponized to make policies that siphon wealth into the hands of a few billionaires make “economic sense”.
 
Statistics like GDP are dangerously skewed in favor of the wealthy. Even the creator of GDP warned us against using it outside of wartime.

Now it’s been weaponized to make policies that siphon wealth into the hands of a few billionaires make “economic sense”.

its when your mother spread cheebye and whatever she earn is the GDP. Clear?
 
If you destroy the health of a population, and they all have to get 10x as much medical care, it is amazing what that does to a country's GDP.
 
If you borrow 1 billion dollars, buy 1 billion dollars' worth of helium-filled balloons, and then release those balloons so they fly away, you still increase GDP by 1 billion dollars.
 
The more sick people needing medical services, the more economic activity is generated.
 
KNN you want to leewrite economics ? KNN if my uncle leewrite there won't be leech people in sg or even the earth KNN if yes then follow my uncle ways KNN if no then you will have to live with it KNN hint my uncle has never contributed a single cents to all the leech people except a Samsung handphone else he won't be able to write this KNN
 
Sinkapore's Gross Domestic Produce are toxic single women and effeminate men.

Damn gross
 
Tiongs call it 鸡的屁: chicken fart or chicken butt. :biggrin:
 
Sikhs are warrior race. I respect. I also want to go Taiwan, I miss my kakis there.

Bhai,


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So the more expendive the cost of living is, like norway, gdp all hiked up? It costs €30 for a haircut over there. But hospitalization is free, so gdp for medical goes down.
Free hospital means no need for health insurance.
 
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