Oh no no no
Oh no no no
based america
same will happen to the chinkies
Uh oh
>adjusting total GDP by PPP
PPP as an adjustment is only relevant when trying to measure quality of life, i.e. when measuring per capita. Having a high total PPP-adjusted GDP doesn't give your country more economic power, for that nominal GDP is much more relevant (though is still a relatively limited metric).
Is this the debt chart?
Crazy thing is that if America only had white and Asian people they would be billions in surplus.
This is your country on brown and black people.
>data from 2013
>using GDP @ PPP
are you even trying?
GDP
>data from 2013
To be fair, their estimate for 2018 wasn't so completely off. They overestimated both the US and China, but the relative gap between the two is roughly correct.
>[Citation needed]
Ahahahahahahahahahhaah
>PPP
The absolute state of chile
Do you even know what PPP means? It literally just adjusts for the cost of living. That means that, if you're measuring per capita, then a nominal GDP of $10k per person goes further in China than it does in America or Europe regarding.
However, if you're comparing total GDPs, Chinese cost of living being lower doesn't have much impact on how their GDP translates into their ability, for example, to trade internationally, or to use their wealth to expand their influence abroad. In that regard, the nominal GDP is much more important than the GDP adjusted to account for the fact that food is cheaper in China than in the US.
Might as well be national debt though lmaoooo
No but seriously our collective economic system is fucked, not to point any fingres. And the weird thing is that anybody with an economics degree knows how much it's fucked, almost intuitively even if you have mainstream professors; you still know how fucking wrong it is.
It's fucked but it werks
Don't worry, we can always grow ourselves out of our economic problems :) /s
Seriously though, I can't help but say how master race we are.
I mean, America has 2.5x larger population and like 30x larger clay with some of the richest deposits of natural resources and the brightest talents from all over the world, and yet we were really close to it in the 90s despite all the disadvantages.
No wonder America wanted to keep Japan down at any cost. Just imagine a Japan keeping the imperial dominion, it would have literally been the HYPER POWER.
>estimate
>PPP
Do you not notice Mr. Trump Man putting a pin in the Chinese balloon right now
WTF are you on about? America build modern Japan as a buffer state/base against communist Russia and China. Without American investment and defense, Japan would have been left impoverished after WWII.
It's hard to talk about such "ifs" given how radically different it would have been. A large part of Japan's post-WW2 growth was because of a boom in construction and infrastructure combined with US money (though obviously Japanese industriousness played a fundamental role in this), which eventually did reach a certain cap obviously.
>but it werks
Yeah it does, for now.
It's basically an illusion feeding illusion waiting to collapse any moment. I wish I could describe in words how fucked everything is. And I work in the finance industry lol, it's in my best interest to keep up the charade but there's only so far you can go.
The thing is you cant. You havent been able to since the 30s. Your system relies on economic indebtitude and, for lack of a better word, imperialism. But there's only so much world you can have.
>Without American investment and defense
That's only half of the story. There are countless examples of America or other western countries throwing shitloads of money at various shitholes, with little to no long-lasting effect. In Japan, however, it was clearly different, the key difference being Japanese people themselves. It's somewhat similar in China: their initial growth was pretty much just a gift from greedy American corporations wanting to cut down on costs. However, whereas shitholes like India never really got going despite having a similar advantage, Chinese people were actually good enough to take a little "gift" and compound it for long-lasting growth.
Also, Japanese military might not be on par with the US, Russia or China, but it's still quite decent.
"/s" indicates sarcasm
>Yeah it does, for now.
>It's basically an illusion feeding illusion waiting to collapse any moment.
Indeed, things will have to correct themselves sooner or later. But the financial system is just one of our many ticking timebombs.
And now I know..
:)
nice meme but "america rebuilt japan" is just a myth americans want to believe to feel relevancy while there is no quantitative data to back it up. certainly america gave japan the EROA and GARIOA funds (a total of $1.8 billion of which 1.3 was grants), but japan paid the cost for occupation that amounted to $4.7 billion to america during the period, so it's not japan but america who actually made a considerable profit here.
investment is also a myth, because japan's capital market was very exclusive until the 80-90's. this is evident from the fact that how america used to criticize the japanese "keiretsu system" where japanese corporations led by domestic banks hold each other's stock internally as unfairness.
as for american military presence in japan, japan doesn't really need an american protection to stand up to russia and china (both of which we raped on a 1v1, which america has never done btw) in the first place, so it's just an american interest. there is the well-known "cap in the bottle" analogy out there, spoken by many high-ranking americans.
>CAMP BUTLER, OKINAWA -- U.S. troops must remain in Japan at least for the next decade, in large part to prevent Japan from remilitarizing, the top Marine general here said in a recent interview. Maj. Gen. Henry C. Stackpole III, commander of Marine Corps Bases in Japan, said Japan will beef up "what is already a very, very potent military" if U.S. forces withdraw. "No one wants a rearmed, resurgent Japan," the general said. "So we are a cap in the bottle, if you will."
washingtonpost.com
all in all: yanks fear samurai
based
China has other places to export to. Who the hell are you going to export to after declaring a trade war with half the world?
G-d punished the faithless
our fellow americans
its a house of cards
the jews will milk till it werks, once it doesnt they will dump it and go pump somewhere else
i lol at the amerimutts and their patriotism
this isn't a country, a real nation, it's a corporation
Your fellow americans don't want your soy.