▲ | aguaviva 4 days ago | |||||||
I'm serious, too. But given the wildly untenable opinion statement of yours that this now long-flagged thread started off with -- and the obvious irrelevance of any economic performance measures to the Russo-Ukraine conflict -- we see that the entire thread has been utterly silly, from the get-go. | ||||||||
▲ | valval 3 days ago | parent [-] | |||||||
I'm a bit lazy to type right now so Claude can type the message in my stead: " Think about comparing two families: the Smiths have 5 people and earn $100,000 per year, while Jones is just a couple earning $70,000. If you only looked at total household income, you'd think the Smiths were doing better. But when you realize the Smiths have to split that money five ways ($20,000 per person) while the Joneses get $35,000 each, the picture changes completely. That's exactly what happens when we compare countries by total GDP. China's total GDP might dwarf Denmark's, but China has to spread that wealth across 1.4 billion people, while Denmark only needs to support 6 million. It's like comparing a pizza between a huge family reunion and a dinner date - the total amount of pizza matters less than how many slices each person gets. This is why economists prefer to use GDP per capita - it's like looking at how much pizza each person at the table gets, rather than just admiring the size of the whole pie. " I presented some hard to digest (for some) facts in my opening comment here. You'll only need to read European, Ukrainian, and Russian history for 30 minutes to know that. Of course you wouldn't, you're just a parrot repeating propaganda. You have no interest in the truth. | ||||||||
|