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☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 1 year ago

By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

nationalinterest.org

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By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world.

nationalinterest.org

☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 1 year ago
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22
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  • news@hexbear.net
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China vs. America: The Geopolitical Olympics
nationalinterest.org
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Can American and Chinese statesmen find their way to a relationship that is simultaneously a rivalry and a partnership? The Biden administration believes that its strategy of “competitive coexistence” is a big step in that direction
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  • darkernations
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    Americans—including this author—believe that the international security order the United States constructed in the aftermath of World War II and has been the guardian of in the decades since then has been a remarkable era in human history. This unprecedented “long peace” has provided stability that has enabled not only Americans but most of the other eight billion souls with whom we share this small planet to enjoy greater increases in income, health, and well-being than in any other era of recorded history.

    Only a self-deluded parasitic culture could produce such a failure of a human being.

    • ☆ Yσɠƚԋσʂ ☆OP
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      he comes from a hive of parasitic wasps

      • Collatz_problem [comrade/them]@hexbear.net
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        Given that host usually dies, those WASPs are parasitoid, not parasitic.

        • ☆ Yσɠƚԋσʂ ☆OP
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          touche

    • PostingInternational
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      This so called “Pax Americana” we occasionally hear about, only applies to Western countries, but the author is trying to expand it to entire world, which is obviously ridiculous, given, you know…the reality.

  • Infamousblt [any]@hexbear.net
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    1 year ago

    Tomorrow’s Headline: IMF announces new metric for defining the size of the economy. This metric removes all industries that actually build things and instead only includes the financial industry.

    • Rom [he/him]@hexbear.net
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      1 year ago

      A measurement based entirely on student loan and medical debt, and sales of guns and child-crushing pickup tricks.

    • moujikman [none/use name]@hexbear.net
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      They just happen to publish a new System of National Accounts (SNA) every time this happens. Last time it was to put more emphasis on R&D.

    • Palacegalleryratio [he/him]@hexbear.net
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      1 year ago

      Turns out the only valid™ measure of the economy, is the total citizens medical debt.

      USA No.1!!! joker-amerikkklap

    • Shinhoshi
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      So, the unadjusted GDP per capita and the inflation metrics that don’t include essential spending then?

  • PolandIsAStateOfMind
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    Share of global manufacturing graph ends at 2019 XD

    • ☆ Yσɠƚԋσʂ ☆OP
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      lol I guess the latest was just too embarrassing to post

  • bobs_guns
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    What an odd article.

    • redtea
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      I concur. I liked how creative it was, still.

  • collapse_already@lemmy.ml
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    Good for them. They have the largest population. They should have the biggest economy. India is starting to catch up too. I don’t understand the handwringing.

  • cordlesslamp@lemmy.today
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    Removed by mod

    • HorseRabbit@lemmy.sdf.org
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      deleted by creator

      • l0tusc0bra
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        deleted by creator

        • PolandIsAStateOfMind
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          She’s truly the Founding Mother, just late.

        • -6-6-6-
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          Am remembering that my participating in government teacher had a picture of himself posing with actual Hillary Clinton on a framed photo on his desk.

          A ghoul memento. And a lesson in P.I.G.

        • Sino-Soviet Drip
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          ✨historic✨

      • AnarchoAnarchist [he/him, comrade/them]@hexbear.net
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        https://maltajusticeinitiative.org/12-major-corporations-benefiting-from-the-prison-industrial-complex-2/

        Making frozen McDonald’s hamburgers, working in call centers for Verizon and Sprint, making jeans and fancy panties, and taking reservations for American airlines.

        Not to mention the work farms that produce food, raise and process cattle.

        A typical American, over the course of a week, consumes several products and utilizes several services that are reliant on prison slave labor.

      • simply_surprise
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    • l0tusc0bra
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      deleted by creator

      • booty [he/him]@hexbear.net
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        weakest chinese supersoldier

    • ☆ Yσɠƚԋσʂ ☆OP
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      If it did then burger empire would have a thriving economy my little wasp

    • darkernations
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      A lot of us here were liberals (both “left wing” and right wing) once.

      Imperialist appropriation in the world economy: Drain from the global South through unequal exchange, 1990–2015 (60 min read)

      https://www.sciencedirect.com/science/article/pii/S095937802200005X

      Rich countries rely on a large net appropriation of resources from the global South. Drain from the South is worth over $10 trillion per year, in Northern prices. The South’s losses outstrip their aid receipts by a factor of 30. Unequal exchange is a major driver of underdevelopment and global inequality. The impact of excess resource consumption in the North is offshored to the South.

      Understanding Unequal Exchange: How does trade imperialism affect the global working class? (20 min read)

      https://anticonquista.com/2021/05/19/understanding-unequal-exchange-how-does-trade-imperialism-affect-the-global-working-class/

      “You cannot resist for very long a truth you discover for yourself.” - NC

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