GDP is a bullsh!t number. It's really meaningless. It shows where things cost more.

"What is the GDP and how is it calculated?
Written out, the equation for calculating GDP is: GDP = private consumption + gross investment + government investment + government spending + (exports – imports). For the gross domestic product, “gross” means that the GDP measures production regardless of the various uses to which the product can be put."

Take the US today... Government provides "arguably" about 20% of that number. The US government borrows over a $ trillion a year and pumps it into the economy...counting towards GDP. It's NOT an accurate number.


"Even so, the measure is still imperfect. Suppose China has a GDP per capita of $1,500, while Ireland has a GDP per capita of $15,000. This doesn't necessarily mean that the average Irish person is 10 times better off than the average Chinese person. GDP per capita doesn't account for how expensive it is to live in a country. Purchasing power parity (PPP) attempts to solve this by comparing how many goods and services an exchange-rate-adjusted unit of money can purchase in different countries – comparing the price of an item, or basket of items, in two countries after adjusting for the exchange rate between the two, in effect.

Real per capita GDP, adjusted for purchasing power parity, is a heavily refined statistic to measure true income, which is an important element of well-being. An individual in New York might make $100,000 a year, while an individual in Wyoming might make $50,000 a year. In absolute terms, the worker in New York is better off. But if a year's worth of food, clothing and other items costs three times as much in New York than Wyoming, however, the worker in Wyoming has a higher real income."

The numbers are ALL heavily "massaged".

WHY are you still discussing this? It's a SMALL side point.

America became a superpower AFTER WWII. BEFORE WWII...MANY countries had and lost that title. America WILL someday lose that title. I don't know if it will be China...I doubt it. I think we'll have a WORLD depression when WWIII starts and after the war...the financial systems will collapse. The US military...with bases in "every" country...holds the current world system together. "Without Rome there to keep things going"...things will revert to localized...we'll have a "dark ages", 3/4 of the worlds population will dies of starvation...and the world will start organizing itself again.

It may be a LONG time before WWIII...the world is pretty interconnected. The wealthy have business in most all the major countries. Investors rarely attack those they've invested in.

But the drag of the poor...the amount of resources being consumed. It's unsustainable. 80% can't live on the labor of the other 20%. 80% of the worlds population lives on less than $10 a day.

THIS is the problem today. Not GDP back at the turn of the last century. The problem is THIS century. America with 51% minorities is NOT the America that was 90% white in the late 1950s. It's not "better". We just have more toys...more distractions.

The life expectancy has been going down the last few years...why do you think that is? They'll SAY it's because of the "opioid menace"...but it's not...it's due to the changing demographics. America has never had so many poor. As the numbers of minorities rise, the death age comes down. The "opioid scare" is just another way to fleece us...more "war on drugs" crap because their #1 moneymaker, fighting cannabis, is becoming legalized...it's not producing like it did. They NEED a reason to be funded.