https://www.imf.org/en/Publications/WEO/Issues/2020/06/24/WEOUpdateJune2020

Capitalism BTFO

Not even so-called "emerging economies" like India, Brazil, Turkey etc are expected to grow

    • kristina [she/her]
      ·
      4 years ago

      aight lets pull out the graphs of high speed rail per country

    • CommieGirl69 [he/him]
      ·
      4 years ago

      GDP growth is a capitalist measure of growth though

      we live in a capitalist world so having a large GDP is good

      naturally we can't only think about growing GDP, especially because of the environment, but it's still important: it means the country can exert some economic pressure and it discourages economic blockades too

    • lilpissbaby [any]
      ·
      4 years ago

      after a country is developed, yes, but if it's a developing country it can be a pretty good benchmark of how well a country is doing. of course, when a developed country has a slight change to their gdp it doesn't really mean much.