MaoTheLawn [any, any]@hexbear.net to news@hexbear.netEnglish · vor 2 JahrenChina rejects $1 TRILLION loan plan from the IMF for a 'housing rescue plan' (bail out the real estate corporations)archive.isexternal-linkmessage-square43linkfedilinkarrow-up1141arrow-down11file-textcross-posted to: brainworms@lemm.ee
arrow-up1140arrow-down1external-linkChina rejects $1 TRILLION loan plan from the IMF for a 'housing rescue plan' (bail out the real estate corporations)archive.isMaoTheLawn [any, any]@hexbear.net to news@hexbear.netEnglish · vor 2 Jahrenmessage-square43linkfedilinkfile-textcross-posted to: brainworms@lemm.ee
minus-squareSelf_Sealing_Stem_Bolt [he/him, they/them]@hexbear.netlinkfedilinkEnglisharrow-up14·vor 2 Jahren an annual review of the world’s second-largest economy What weird hollywood accounting are they using to put China’s economy behind amerikas lmao
minus-squareAstroStelar [he/him]@hexbear.netlinkfedilinkEnglisharrow-up10·vor 2 JahrenUsing nominal GDP instead of GDP adjusted for purchasing power parity (PPP). America still leads in the former because the same goods and services cost more there than in China.
minus-squareKieselguhr [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up12·vor 2 Jahrenthis is also the same neat trick they use when they say Italy’s economy is bigger than Russia’s
What weird hollywood accounting are they using to put China’s economy behind amerikas lmao
Using nominal GDP instead of GDP adjusted for purchasing power parity (PPP). America still leads in the former because the same goods and services cost more there than in China.
this is also the same neat trick they use when they say Italy’s economy is bigger than Russia’s