- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: World economic rankings.
Posted on 4/5/25 at 10:50 am to BCreed1
Posted on 4/5/25 at 10:50 am to BCreed1
quote:
Per you new metric that you want to use, Qatar is higher than use. S
No.
In 2023 their total GDP was 55 and PCGDP was 8, for an index of 63.
Also, note, in 2023 our PCGDP was higher than Qatar's
1
Posted on 4/5/25 at 10:51 am to SlowFlowPro
quote:
But that's not a valid progression in economics.
As developing countries improve their GDP, the % of GDP growth will decline.
Posted on 4/5/25 at 10:53 am to NC_Tigah
You dont understand the chart you even posted.
GDP will drop as you near max capacity. Period.
GDP will drop as you near max capacity. Period.
Posted on 4/5/25 at 10:54 am to RogerTheShrubber
quote:
You dont understand the chart you even posted
You’re struggling with basic sentence structure.
Posted on 4/5/25 at 10:55 am to NC_Tigah
Yeah our economy is awesome. See my chart. We're in a tier of our own which makes our growth the past 10 years (given the mathematical disadvantages of our #1 ranking) so impressive.
Posted on 4/5/25 at 10:55 am to BBONDS25
quote:
You’re struggling with basic sentence structure.
Youre struggling with 9th grade economics.
Posted on 4/5/25 at 10:56 am to RogerTheShrubber
quote:You'd do far better to address what you do or don't understand, Rog, than to make assumptions as to my level of understanding.
You dont understand the chart you even posted.
Posted on 4/5/25 at 10:57 am to SlowFlowPro
quote:
No.
In 2023 their total GDP was 55 and PCGDP was 8, for an index of 63.
Also, note, in 2023 our PCGDP was higher than Qatar's
IMF
USA.. 89.9 Thousand
Qatar. 118.7 Thousand.
per capita
Do the citizens of Qatar make as much as the citizens of the USA?
Posted on 4/5/25 at 10:58 am to NC_Tigah
quote:
You'd do far better to address what you do or don't understand, Rog,
Growth slows as you reach capacity, this is not my opinion, its 100% fact.
Youre arguing against reality in favor of Trumpian fairy tales, which are based on populist mumbo jumbo
India still has opportunity to grow, they are nowhere near capacity. Indias emergence will help US mfg, not the other way around
This post was edited on 4/5/25 at 10:59 am
Posted on 4/5/25 at 10:59 am to BCreed1
quote:
IMF
USA.. 89.9 Thousand
Qatar. 118.7 Thousand.
per capita
Now add in their GDP ranking to the PCGDP ranking.
quote:
Do the citizens of Qatar make as much as the citizens of the USA?
The economic output per citizen in Qatar is higher than in the US.
That's only part of the analysis.
We're talking about the mesh of volume and per capita output. You keep focusing on only one.
Posted on 4/5/25 at 11:00 am to SlowFlowPro
quote:as is your deflection.
Yeah our economy is awesome
FWIW, your observations have nothing whatsoever to do with the size of our economy in isolation. It does have to do with relative global proportion.
Posted on 4/5/25 at 11:01 am to NC_Tigah
quote:
It does have to do with relative global proportion.
Yes, we are in our own class.
Posted on 4/5/25 at 11:01 am to NC_Tigah
quote:
as is your deflection.
No deflection.
Our GDP growth rate the past 10 years has been amazing, as it was the prior 20 during "globalizaiton"
The point is that this argument that we've somehow lost, is ignorant. That data does not show that. It shows the opposite, that we have benefited greatly, and can be argued, the most of all.
Posted on 4/5/25 at 11:04 am to RogerTheShrubber
quote:
Growth slows as you reach capacity
Brilliant.
What determines ""capacity""?
Posted on 4/5/25 at 11:07 am to NC_Tigah
quote:
What determines ""capacity""?
Resources and raw materials, stable govt and economy, Size of workforce,
education/skill of workers, number of entrepreneurs, corruption and stability.
Among other factors.
Posted on 4/5/25 at 11:12 am to NC_Tigah
quote:
Brilliant.
What determines ""capacity""?
You know. We stop growing.
Posted on 4/5/25 at 11:21 am to RogerTheShrubber
quote:
What determines ""capacity""?
--------
Resources and raw materials, stable govt and economy, Size of workforce,
education/skill of workers, number of entrepreneurs, corruption and stability.
Among other factors.
Every one of those variables is in flux. For example, the productivity of a manual vs automated workforce. Development of new production means. Discovery of previously overlooked opportunity.
Posted on 4/5/25 at 11:31 am to SlowFlowPro
quote:
Now add in their GDP ranking to the PCGDP ranking.
No. Why? Because your PCGDP is very misleading. That's why you can not give a straight answer to the question.
How is it misleading? Because it only takes an average. In Qatars example, Due to the money at the top, it skews the PCGDP.
If I have 100 total people, and 20 of them make a million per month and the other 80 makes 1000 per month... the per capita is inaccurate.
Per Capita Metrics:
Ignores Distribution of Wealth/Resources:
A high per capita income or GDP can mask significant disparities within a population, where a few wealthy individuals skew the average
Doesn't Reflect Quality of Life:
Per capita measures often focus on economic output (like GDP or income) but don't account for factors like access to healthcare, education, leisure time, environmental quality, or social well-being.
Can be Distorted by Population Size:
Small populations can have a disproportionate impact on per capita figures
Doesn't account for differences in purchasing power across countries
Cross-country comparisons based on per capita GDP in USD can be distorted by exchange rate fluctuations and often don't reflect the purchasing power in the countries being compared.
You comparisons are not valid
Posted on 4/5/25 at 11:32 am to NC_Tigah
quote:
Every one of those variables is in flux. For example, the productivity of a manual vs automated workforce. Development of new production means. Discovery of previously overlooked opportunity.
Went over his head!
Posted on 4/5/25 at 11:34 am to BCreed1
quote:
No. Why?
As I'm explaining to you multiple times this is the best way to show the status of the overall economy. Total production alone does not tell the story well and per capita alone does not tell the story well. The mesh of these two, however, is much more illuminating and describing the tier and status of the economies being analyzed
quote:
How is it misleading? Because it only takes an average. In Qatars example, Due to the money at the top, it skews the PCGDP.
Yes and by being an economy based on petro exports, there is a natural ceiling which prohibits this non-advanced economy from growing is total GDP to be in the discussion.
Just as China, who has a bigger potential total GDP, is not in the discussion with America because it's per capita is so bad. That's the whole reason you look at both of them together to get an idea of where the economy is rank in terms of tier and class. Then you compare those economies and how they are developing in terms of percentage of GDP growth to compare like economies to like.
This is now the third or fourth time this very simple concept has been explained to you. Hopefully it you understand it finally.
This post was edited on 4/5/25 at 11:36 am
Page 13 of 19
Popular
Back to top
Follow TigerDroppings for LSU Football News