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Thread 17779035

10 posts 2 images /his/
Anonymous No.17779035 [Report] >>17779041 >>17779974 >>17780151 >>17781297 >>17782372
Why GDP is nonsense created to fool suckers.
First: GDP counts financial speculation as part of GDP. For that reason alone it should be completely disregarded as a way of measuring a country's wealth.

Second: GDP does not measure how much capital is circulating within a country. GDP measures how many times the SAME capital circulates within a country.
If a country has 2 trillion dollars of capital and it circulates six times, the country will have 12 trillion gdp. Only imbeciles believe this neoliberal idiocy called GDP. That is why in a country like the US, you have people literally starving, 1/5 of the population is on food stamps. People literally living in their cars.
Anonymous No.17779038 [Report]
>people literally starving,

Lmao
Anonymous No.17779041 [Report] >>17780876
>>17779035 (OP)
>First: GDP counts financial speculation as part of GDP
It calculates the market value of all final goods and services produced within a country during a specific timeframe
>GDP measures how many times the SAME capital circulates within a country.
It calculates the market value of all final goods and services produced within a country during a specific timeframe
>If a country has 2 trillion dollars of capital and it circulates six times, the country will have 12 trillion gdp
It calculates the market value of all final goods and services produced within a country during a specific timeframe
Anonymous No.17779974 [Report]
>>17779035 (OP)
Amerigolems
Anonymous No.17780151 [Report]
>>17779035 (OP)
It only takes 5 seconds of thought yo realize GDP is utter bullshit.

Consider the dunkin donuts in Kentucky. It only serves to feed its obese local denizens vegetable oil soaked bread, these denizens might work at the local Walmart or just live off unemployment, yet it still produces "millions in gdp". A single african in the Congo harvesting Gallium with his hands for a Banana a day is worth more to the earth than everyone one of these obese golems.

Gdp is a spook.
Anonymous No.17780157 [Report]
>come to /his/ - History & Humanities expecting History & Humanities
>end up in /int/pol/ - Endlessly seething brown people instead
Anonymous No.17780261 [Report]
>it should be completely disregarded as a way of measuring a country's wealth
It's not used to measure country's wealth and only retards think it is. Op is a retard
Anonymous No.17780876 [Report]
>>17779041
bodied that freak.
Anonymous No.17781297 [Report]
>>17779035 (OP)
Tutuliuhyith
Anonymous No.17782372 [Report]
>>17779035 (OP)
Amerigolems