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Originally Posted by Guest
"Gross domestic product is the best way to measure a country's economy. GDP is the total value of everything produced by all the people and companies in the country." (Kimberly Amadeo, president of World Market Watch.)
Since it was originally indicated that other countries economies were way better than ours, I used GDP (because it's the best way to measure a country's economy. See quote above) to refute those ridiculous assertions.
I am still discussing this because I was asked to compare the American economy to the German and French economies at different time periods. But since you don't like the answers, you've decided that someone with 20 years senior-level experience in economic analysis (Kimberly Amadeo, not me), doesn't know what they're talking about when it comes to the economy.
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Kimberly can say whatever she wants...she's wrong...actually, she's a shill...GDP shows how much things COST...it's a "money" statistic. "Money" is fake. It's AIR...it's numbers in a computer...it has ONLY the value the bankers who create it...give it. Fiat currency, fractional reserve banking...that's ALL I'll say about it. Banking IS a ponzi.
I said the US is HUGE compared to those individual countries and it's NOT a fair comparison...YOU keep going on and on about it. The US has going on 400 million people...Germany has 82 million. The US is HUGE...Germany is the size of Montana. It's NOT a fair comparison.
A FAIR comparison would be the entire EU...but you disagree.
I'm done.