• copandballtorture [ey/em]
    ·
    1 year ago

    Drive through any American city and look at all the human suffering economic growth econony

    • duderium [he/him]
      ·
      1 year ago

      Economic growth is when the price of capital is artificially inflated by raising interest rates using a currency backed by imperialism very-intelligent

    • conditional_soup@lemm.ee
      ·
      1 year ago

      Came here to say that it doesn't matter because everybody is struggling, you put it better than I ever could. Good job.

  • zifnab25 [he/him, any]
    ·
    1 year ago

    Doing the old second derivative of a quarterly variance and extending it to infinity trick, while ignoring all the underlying economic headwinds you're currently sailing through.

    Reminds me of the old XKCD Joke about Fastest Growing...

  • plinky [he/him]
    ·
    1 year ago

    Isnt amerika growth like 2 percent and china (after xi crashed and burned into the shadowrealms) 4.5? Is this some zeno shit

      • plinky [he/him]
        ·
        1 year ago

        Nah, i think they've gotten (or getting) down to 5 this year? They need to wind down construction in any case

  • keepcarrot [she/her]
    ·
    1 year ago

    I honestly think our measures of economy are whack. They certainly shouldn't be measuring the improvement of thr ultra-wealthy's stock portfolios. Maybe the access of the median person to basics and luxuries (or the modal bucket person).

  • DamarcusArt@lemmygrad.ml
    ·
    edit-2
    1 year ago

    "According to the American Burger Eagle Institute, the US is currently operating 4% more McDonalds stores than China. The "McDonalds Per Capita" measurement for economic growth is far more accurate for measuring the success of an economy than outdated measures like GDP per capita, according to top scientists. We confirmed this with our correspondent at the American Institute for Data Manipulation, this proves that the US economy is booming, while the China's is clearly seconds away from collapsing."