How stupid do they think China is

  • AstroStelar [he/him]
    ·
    edit-2
    1 month 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.

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    • Kieselguhr [none/use name]
      ·
      1 month ago

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