MaoTheLawn [any, any] to news • 3 months agoChina rejects $1 TRILLION loan plan from the IMF for a 'housing rescue plan' (bail out the real estate corporations)external-linkmessage-square44 fedilinkarrow-up1153file-textcross-posted to: brainworms@lemm.ee
arrow-up1153external-linkChina rejects $1 TRILLION loan plan from the IMF for a 'housing rescue plan' (bail out the real estate corporations)MaoTheLawn [any, any] to news • 3 months agomessage-square44 Commentsfedilinkfile-textcross-posted to: brainworms@lemm.ee
minus-squareSelf_Sealing_Stem_Bolt [he/him, they/them]hexbear15·3 months ago an annual review of the world’s second-largest economy What weird hollywood accounting are they using to put China's economy behind amerikas lmao link
minus-squareAstroStelar [he/him]hexbear11·edit-23 months agoUsing nominal GDP instead of GDP adjusted for purchasing power parity (PPP). America still leads in the former because the same goods and services cost more there than in China. Show Show link
minus-squareKieselguhr [none/use name]hexbear13·3 months agothis is also the same neat trick they use when they say Italy's economy is bigger than Russia's link
What weird hollywood accounting are they using to put China's economy behind amerikas lmao
Using nominal GDP instead of GDP adjusted for purchasing power parity (PPP). America still leads in the former because the same goods and services cost more there than in China.
this is also the same neat trick they use when they say Italy's economy is bigger than Russia's