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Forum » Biggest economies 2021, LOL at Russia/10
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Thread: Biggest economies 2021, LOL at Russia/10

post 1654716353 01-21-2022, 07:14 AM
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Biggest economies 2021, LOL at Russia/10

post 1654716473 01-21-2022, 07:16 AM
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post 1654716523 01-21-2022, 07:16 AM
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post 1654716723 01-21-2022, 07:20 AM
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GDP per capita is a good measure too that kinda gives you an idea of the likely wealth across a population

China is even worse off than Russia, their overall GDP is high only because they have a population of like 1.3billion
post 1654716953 01-21-2022, 07:25 AM
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Originally Posted By Destor⏩
GDP per capita is a good measure too that kinda gives you an idea of the likely wealth across a population

China is even worse off than Russia, their overall GDP is high only because they have a population of like 1.3billion
Brutal.

Here's another brutal stat showing americans are poor as fck compared to western euros:

https://en.wikipedia.org/wiki/List_o...alth_per_adult
post 1654717453 01-21-2022, 07:39 AM
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Originally Posted By ****inator⏩
Brutal.

Here's another brutal stat showing americans are poor as fck compared to western euros:

https://en.wikipedia.org/wiki/List_o...alth_per_adult
Monaco, Luxembourg, Liechtenstein, and Singapore top all these lists
post 1654717623 01-21-2022, 07:42 AM
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what is the huge percentage of Muricans who are one paycheck from the streets and only have about $100 in cash?
post 1654717823 01-21-2022, 07:46 AM
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Originally Posted By AncientYouth⏩
what is the huge percentage of Muricans who are one paycheck from the streets and only have about $100 in cash?
https://www.cnbc.com/2022/01/19/56pe...h-savings.html

Ameripoors have some explaining to do, looks like 90% of their wealth is in the hands of a small percentage... brutal
post 1654717863 01-21-2022, 07:47 AM
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Russia is pretty farked by all means. Big country with a lot of resources and a rather intelligent educated society. Sounds like it has a serious management problem. Russia trying to be a big man on campus is a joke. This whole Ukraine thing, even if they do invade, in the long run, they are going to lose because overall war is economic. It's how they lost the cold war and yet Putin despite being a rather smart leader doesn't seem to get it. That's why we are shipping supplies to Ukraine because we know that even though Russia will be able to drop an initial hit, maybe invade, they will simply fade out in a prolonged conflict because they simply will not be able to keep their cause supplied.
Originally Posted By Destor⏩
GDP per capita is a good measure too that kinda gives you an idea of the likely wealth across a population

China is even worse off than Russia, their overall GDP is high only because they have a population of like 1.3billion
Now go look at India. LOL @ Currycells.
post 1654717983 01-21-2022, 07:49 AM
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wow china is almost equal to US. It would be interesting to look at the numbers over the last 30 years and see how rapidly China grew as well


it was sometime around late 90s when all electronics started moving out of japan and now china makes everything
post 1654718073 01-21-2022, 07:51 AM
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Originally Posted By elterrible987⏩
wow china is almost equal to US. It would be interesting to look at the numbers over the last 30 years and see how rapidly China grew as well


it was sometime around late 90s when all electronics started moving out of japan and now china makes everything
I doubt their growth will continue, reminds me of Japan in the 80's, a bubble waiting to pop although China still has a big domestic market they can develop.
post 1654718483 01-21-2022, 07:58 AM
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Originally Posted By ****inator⏩
https://www.cnbc.com/2022/01/19/56pe...h-savings.html

Ameripoors have some explaining to do, looks like 90% of their wealth is in the hands of a small percentage... brutal
2nd in mean wealth, 26th in median, ouch



russia has its problems, low birth rates, not much growth, their people still running on vodka, etc. if they could ever get their chit together, then maybe.
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post 1654718533 01-21-2022, 07:59 AM
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Originally Posted By AncientYouth⏩
what is the huge percentage of Muricans who are one paycheck from the streets and only have about $100 in cash?
It's because of a spending problem, just like our government. It's also because they are up to their eyeballs in debt.

Like some friends of mine. Nice house, and the kitchen was fine, fully functional, not nasty or anything like that, original to the house built in the mid 90's, but they spent $25K ripping the whole kitchen out and having all new stuff put in because "it was dated". The thing is they had a hard time getting financing for it because their credit card balances are so high. They paid her Honda Pilot off a few months ago and now looking to trade it in even though there is nothing wrong with it. This is just one example.

Here I am driving around a 20yo pickup truck. Trans went out and getting a new one. People say "you could take the price of that trans and use it as a down payment for a new one" yeah sure, and then keep making payments. I had a new truck not long ago and sold it taking advntage of this market, pulled my old one out of retirement. Sure, got to put a trans in it but it's done.
post 1654718613 01-21-2022, 08:00 AM
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Originally Posted By sooby⏩
2nd in mean wealth, 26th in median, ouch
Top-heavy concentration of wealth af, and I have no doubt it's much worse now after COVID
post 1654718903 01-21-2022, 08:05 AM
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post 1654718943 01-21-2022, 08:06 AM
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You can see the real reason why America is constantly criticizing China. But times are changing...



Despite being a close ally of the US, Poland will not join the international diplomatic boycott of the upcoming Olympic Winter Games in China, a senior Polish official told Reuters. On the contrary, the country’s president will attend the games and use the opportunity to hold bilateral talks.

“Poland is a sovereign nation and decides its own politics towards China,” Jakub Kumoch, the foreign affairs adviser to President Andrzej Duda, told the news agency. “Poland is an ally of the United States but Poland also has a very friendly relationship with China.”

The report saidPolish officials believed that it was “no longer in Poland’s interests to continue criticizing China simply to please the Americans”due to a turn for the worse in US-Polish relations since President Joe Biden took office.

https://www.rt.com/news/546472-polan...games-boycott/
post 1654719083 01-21-2022, 08:09 AM
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Lol America's economy is all from consumerism and homes.....we don't make stuff anymore
post 1654719983 01-21-2022, 08:25 AM
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Originally Posted By ****inator⏩
https://www.cnbc.com/2022/01/19/56pe...h-savings.html

Ameripoors have some explaining to do, looks like 90% of their wealth is in the hands of a small percentage... brutal
Americans make more money and spend more than Western Europe. The average house in England is 818 sq ft. In the US it's 2200 sq ft. In the US when we go out for a night at the bars we just go. In Europe they pregame like college students at home or in a square to save money on booze before getting 2-3 drinks at a bar, even if they're 30 yrs old. They save, Americans spend.
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post 1654720123 01-21-2022, 08:27 AM
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Originally Posted By Motiviert⏩
I wish we could stop loling@ each other. Except for American libs. Everyone can lol @ them.
this is the misc, we always LOL @ each other no matter what

lol @ you
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post 1654720183 01-21-2022, 08:28 AM
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post 1654720323 01-21-2022, 08:31 AM
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These stats mean dick.

All about Per capita.

Then all about Median Post-Tax Income adjusted for Purchasing Power Parity in USD.
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post 1654720403 01-21-2022, 08:32 AM
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Originally Posted By atgbrahsrs⏩
These stats mean dick.

All about Per capita.

Then all about Median Post-Tax Income adjusted for Purchasing Power Parity in USD.
While this is true, seeing relative numbers like this is fascinating.

the fact Singapore is even on here is mind-blowing.... THE GOAT policy country in the world, and it's not even close.
post 1654720543 01-21-2022, 08:34 AM
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Originally Posted By HMFIC_BROWSIN⏩
While this is true, seeing relative numbers like this is fascinating.

the fact Singapore is even on here is mind-blowing.... THE GOAT policy country in the world, and it's not even close.
I mean, if you follow my method - looking at OECD Median Post-Tax Income adjusted for Purchasing Power Parity in USD or Inequality-adjusted human development index Singapore is still up there.
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post 1654720753 01-21-2022, 08:38 AM
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Originally Posted By frankdtank20⏩
Americans make more money and spend more than Western Europe. The average house in England is 818 sq ft. In the US it's 2200 sq ft. In the US when we go out for a night at the bars we just go. In Europe they pregame like college students at home or in a square to save money on booze before getting 2-3 drinks at a bar, even if they're 30 yrs old. They save, Americans spend.
European night life and party scene is faaaaaaar superior to americas. Thats a fact. Alot of your places close at 2am lol
post 1654720813 01-21-2022, 08:39 AM
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Originally Posted By ****inator⏩
I doubt their growth will continue, reminds me of Japan in the 80's, a bubble waiting to pop although China still has a big domestic market they can develop.
Not similar to Japan. Japan's buble burst mainly because of the real estate speculation problem - at one point, it was speculated that one acre of the Tokyo Imperial Palace was worth more than the entire state of California (to see how the Japanese view these real estate speculators, note that Frieza from DBZ is based off of them). I don't see China having the same speculation problems.
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post 1654721093 01-21-2022, 08:45 AM
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Originally Posted By DJKhaled⏩
Lol America's economy is all from consumerism and homes.....we don't make stuff anymore
We could easily, but they dont want to pay for healthcare(overpriced) and a decent wage in some cases.
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post 1654721263 01-21-2022, 08:49 AM
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Originally Posted By Noliberals4⏩
Not similar to Japan. Japan's buble burst mainly because of the real estate speculation problem - at one point, it was speculated that one acre of the Tokyo Imperial Palace was worth more than the entire state of California (to see how the Japanese view these real estate speculators, note that Frieza from DBZ is based off of them). I don't see China having the same speculation problems.
"mainly because of the real estate speculation problem"

Lol so just like what's happening in CHina right now, do you even follow the news/10?


https://www.businessinsider.com/ever...true&r=US&IR=T

"It's not just Evergrande. Smaller Chinese real estate developers are also wobbling as the cash crunch spreads."
post 1654721313 01-21-2022, 08:50 AM
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One thing I noticed about Europe is that you can go to a PUB/BAR and the prices are very reasonable while here in the US any Bar charges a lot more for everything and then the bartender and server wants a TIP. LMAO talking about $3/beers like it is some kind of deal. So basically only 2-3X as much as it would be if I went to the grocery store and bought a case?
Originally Posted By AmuroRay⏩
European night life and party scene is faaaaaaar superior to americas. Thats a fact. Alot of your places close at 2am lol
Most mature responsible people spend very little on "night life". They have to close at 2AM because of joggers.
post 1654721583 01-21-2022, 08:54 AM
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Originally Posted By Jasonw1178⏩
One thing I noticed about Europe is that you can go to a PUB/BAR and the prices are very reasonable while here in the US any Bar charges a lot more for everything and then the bartender and server wants a TIP. LMAO talking about $3/beers like it is some kind of deal. So basically only 2-3X as much as it would be if I went to the grocery store and bought a case?



Most mature responsible people spend very little on "night life". They have to close at 2AM because of joggers.
Aren't house parties MUCH more popular in the US than europe?
post 1654721653 01-21-2022, 08:56 AM
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Originally Posted By ****inator⏩
"mainly because of the real estate speculation problem"

Lol so just like what's happening in CHina right now, do you even follow the news/10?


https://www.businessinsider.com/ever...true&r=US&IR=T

"It's not just Evergrande. Smaller Chinese real estate developers are also wobbling as the cash crunch spreads."
Beijing won't make the same mistakes Tokyo did by fixating on leverage. Compare this to Japan which gave a ton of credit to idiot speculators. Beijing can directly interfere with real estate via central planning unlike in Japan or even the United States.

I don't see what happened to Japan happening to China.
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