How stupid do they think China is

  • AstroStelar [he/him]
    ·
    edit-2
    4 months ago

    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.

    Show

    Show

    • Kieselguhr [none/use name]
      ·
      4 months ago

      this is also the same neat trick they use when they say Italy's economy is bigger than Russia's