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re: World economic rankings.

Posted on 4/5/25 at 11:35 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298333 posts
Posted on 4/5/25 at 11:35 am to
quote:

Every one of those variables is in flux.


Correct.

And are limited by innovation, skills and stability.

If you had ever taken an actual college econ course, you would actually understand what youre talking about.

Google "production function" and learn.
Posted by texag7
College Station
Member since Apr 2014
41286 posts
Posted on 4/5/25 at 11:37 am to
quote:

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.


Meaningless sentences
Posted by BCreed1
Alabama
Member since Jan 2024
6976 posts
Posted on 4/5/25 at 11:41 am to
quote:

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


No. You are using flawed data to reach an outcome. By that very nature, the out come is flawed.

quote:

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.


Wrong. They could expand in many ways due to advances in many fields.
You are truly missing all the points in everything.

It goes back to what other posters have stated, you are not looking at the whole picture.

quote:

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.


LOL! Horse shite. You still are not grasping the fact that per capita is flawed. You just admitted that Qatar is not an accurate picture.

Yet, with China, you want it to be accurate.

Posted by GenacGenacGenac
Member since Mar 2025
193 posts
Posted on 4/5/25 at 11:41 am to
We have blanks
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:43 am to
quote:

Yeah. Nobody said that trade wouldn't benefit both parties to the transaction.

The question is why this is shocking to people like you.

These are people that would try to build a skyscraper by themselves. No workers. Because if you hired help, you’d just make them richer. So they’ll try to build a skyscraper by themselves. With hand tools.
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:45 am to
quote:

Upper Middle Class
quote:

World Bank
uMC isn’t US definition of “upper middle class” Hell most americans consider top 5% in the US to be “upper middle class”.
This post was edited on 4/5/25 at 11:46 am
Posted by Furious
Baton Rouge
Member since Oct 2023
1329 posts
Posted on 4/5/25 at 11:47 am to
The OP’s chart illustrates exactly why the tariffs will work. The rest of the world needs the US, not the other way around.

What a horrible take by the OP….
This post was edited on 4/5/25 at 12:52 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138605 posts
Posted on 4/5/25 at 11:48 am to
quote:

If you had ever taken an actual college econ course


quote:

And are limited by innovation, skills and stability.

... until they aren't, in a relative sense, as paradigms shift
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:50 am to
quote:

Folks, this is MAGA economics for you.
Ater days of arguing that the US importing goods is reason china has become wealthy, and we are in “decline” (which we aren’t)… he now thing relative wealth is t important. It’s entertaining as is fascinating.
Posted by Jjdoc
Cali
Member since Mar 2016
55612 posts
Posted on 4/5/25 at 11:51 am to
quote:

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.


The whole point of your argument is to say tariffs are bad.

You have nothing to base that on. And you keep proving that. This whole thread is proof of it.

You can talk all day about how great we have it, but that does not, has never, and will never prove that we would not have reached this level with tariffs. It's all based on your opinion.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298333 posts
Posted on 4/5/25 at 11:51 am to
quote:

until they aren't, in a relative sense, as paradigms shift


Jesus christ, what magazine did you buy your nursing degree from?
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:52 am to
quote:

Roger, you’re so unlikeable
Ypu always know you’re winning they start attacking the person, not the position.

This is like the good ol’ days around here. Vegas Bengal, Rex, and BamaATL would be so proud!
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:53 am to
quote:

The US dollar has strengthened against major currencies for over a decade.
quote:

trader_tiger63
You seem very unlikable.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476219 posts
Posted on 4/5/25 at 11:54 am to
quote:

You are using flawed data to reach an outcome. By that very nature, the out come is flawed.

You've yet to explain why you think it's flawed.

quote:

Wrong. They could expand in many ways due to advances in many fields.

They could, but they still have a hard cap, for many reasons.

quote:

It goes back to what other posters have stated, you are not looking at the whole picture.

The ignorance and irony of this statement

I made you a chart to show you a more full picture.

quote:

LOL! Horse shite. You still are not grasping the fact that per capita is flawed.


I"m not only looking at per capita. This has been explained to you 4-5 times now, but you still come back to the same silliness.

The "2023 Index" uses the rankings for total GDP AND per capita GDP, to give a whole picture of the class of economies being analyzed.

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298333 posts
Posted on 4/5/25 at 11:54 am to
quote:


Ater days of arguing that the US importing goods is reason china has become wealthy, and we are in “decline” (which we aren’t)… he now thing relative wealth is t important. It’s entertaining as is fascinating.




Its a case of mass psychosis. Its as bad or worse than when Obama was worshipped by the Dems.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476219 posts
Posted on 4/5/25 at 11:55 am to
quote:

The whole point of your argument is to say tariffs are bad.

They're suboptimal, to be more accurate of my stance.

quote:

You have nothing to base that on.

We have lots of data and work from actual academics.

quote:

This whole thread is proof of it.

It is, in fact, not.

quote:

You can talk all day about how great we have it, but that does not, has never, and will never prove that we would not have reached this level with tariffs.

Why are you ignoring that we're doing so much better than these countries who rely on the tariffs you want to implement?

We see what happens when countries choose the suboptimal path, and it's worse economic growth by economic tier.
Posted by Jjdoc
Cali
Member since Mar 2016
55612 posts
Posted on 4/5/25 at 11:56 am to
quote:

You've yet to explain why you think it's flawed.



He did. It's right there.

quote:

I"m not only looking at per capita. This has been explained to you 4-5 times now, but you still come back to the same silliness.

The "2023 Index" uses the rankings for total GDP AND per capita GDP, to give a whole picture of the class of economies being analyzed.


He's answered that.
Posted by Taxing Authority
Houston
Member since Feb 2010
63261 posts
Posted on 4/5/25 at 11:59 am to
quote:

It won’t be long before we fall behind
Look up the world “asymptote” sometime. And realize percentages are 1/x.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138605 posts
Posted on 4/5/25 at 11:59 am to
quote:

Jesus christ
I appreciate the respect, but "NC" is fine.

What part of the post confused you, Rog?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476219 posts
Posted on 4/5/25 at 12:00 pm to
quote:

He did. It's right there

He did not. He's not focusing on the mesh of the 2 concepts and only focusing on one at a time.

Here, I'll help you:



quote:

He's answered that.

He has not. He's only responded specifically to GDP OR PCGDP, and not a mesh of the 2.
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