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

  • VYKNIGHT [none/use name]
    ·
    4 years ago

    1 headline that says "The Chinese economy could be 12% smaller than what the official data says" from the financial times. Even if this is accurate how would it disprove that the Chinese economy was growing?

    • WhatsUpPup [none/use name]
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      23
      ·
      4 years ago

      No I’m saying that Chinese economic data is not reliable. Not that any other countries data is reliable either.

      • KiaKaha [he/him]
        ·
        4 years ago

        Your source said ‘could be 12% less’. It didn’t say ‘no measurement is reliable so let’s chuck the whole lot out—but especially when talking about China’.

        If you’ve got a critique of GDP as inaccurate and meaningless, go for it. You’ll find good company here.