By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 3 months ago

By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

Infamousblt [any] · edit-2 3 months ago

Tomorrow's Headline: IMF announces new metric for defining the size of the economy. This metric removes all industries that actually build things and instead only includes the financial industry.

Rom [he/him] · 3 months ago

A measurement based entirely on student loan and medical debt, and sales of guns and child-crushing pickup tricks.

moujikman · 3 months ago

They just happen to publish a new System of National Accounts (SNA) every time this happens. Last time it was to put more emphasis on R&D.

Palacegalleryratio [he/him] · edit-2 3 months ago

Turns out the only valid™ measure of the economy, is the total citizens medical debt.

USA No.1!!!

🏳️‍⚧️ 新星 [she/they]@lemmygrad.ml · 3 months ago

So, the unadjusted GDP per capita and the inflation metrics that don't include essential spending then?

By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

China vs. America: The Geopolitical Olympics