#gdp
Many #American #Conservatives might like to critique the #UK as being too #Socialist, many of those critiques may be valid, however, the #USA is not a #Capitalist economic system any more than the UK is, with the #GDP of both nations being comprised of around 40% #government spending.
The USA has been for decades a mixed Capitalist/Socialist economic system. What's most sad about both the UK and #US is that the kind of #Socialism being deployed is actually #corporate Socialism, wherein #taxes are forcibly redistributed to #corporations and the most wealthy. The worst aspects of both systems.
#corporatesocialism #redistribution #angloamerican #economics
Among the many false claims made by various #government media, #corporate media and social #media commentators, such as the UK being a "Liberal Democracy," we are also told how terrible the #capitalist #system in the #UK is and how we need more #Socialism to save us.
While I do agree that crony capitalism and #monopoly capitalism are indeed terrible, we don't actually live in a capitalist economic system, we live in a mixed Capitalist/Socialist #economy, where for the last two sociological generations or more, government spending has comprised more than 40% of all economic activity in the UK.
#cronycapitalism #monopolycapitalism #economics #economicactivity #gdp
https://www.economicshelp.org/blog/5326/economics/government-spending
The Decline is Observable
It’s rapidly becoming readily apparent to everyone, not just me, #WangHunin, #Simplicius, and #AndreiMartyanov, that the decline of the #imperial #UnitedStates is both a) inevitable and b) observable.
The best indicator of #real #GDP per #capita is #energy usage per capita, because everything about a comfortable modern lifestyle takes a lot of energy, energy comes into everything people do and consume. This was rising exponentially to #1972, when the rise suddenly halted. It then started fall, slowly. And suddenly it has now started to fall rather more quickly and dramatically. It looks like three trend regimes: Exponential growth starting in the seventeenth century, then #stagnation and slow decline starting in 1972, and now it looks like the beginning of #dramatic #collapse, looks like the beginning of a sharp break in the trend of slow and gentle decline.
This reflects a #regime ever more #hostile to the #men who made it great, to the #faith that made it great, the #culture that made it great, and #race that made it great.
Notice that no matter what metric is used, 1972-1973 keeps appearing as the high water mark for the #USA. That’s not an accident. 1972 was, from an economic, industrial, and demographic perspective, the moment of Peak America.
Everything since then has been nothing but #decline #disguised by the #collapse of the #SovietUnion.
We can't save the world with electric cars
Going electric does not solve our problems, it only deepens them. As engineers, we must say the opinion of the professionals in the industry is contrary to the mainstream, and for good reason, Zsolt Horváth and Tamás Ignácz write.
We’ve known for a long time that our GDP addiction and capitalist economic model are incompatible with life on Earth.
Scientists kept saying that for decades, yet very little happened. A few years ago, the electrification of passenger vehicles had begun its journey, hoping it could reduce CO2 emissions to save the planet.
Not only does it not help — it worsens the situation, and yet we keep heading towards a disaster.
https://www.euronews.com/next/2023/12/26/we-cant-save-the-world-with-electric-cars
#EV #GlobalWarming #ClimateChange #Co2 #carbon #electric #energy #Green #GreenEnergy #transport #cars #GDP #addictions #capitalism #economic
GDP & GDP Per Capita of all Muslim Majority Nations, 2023.
These 47 nations collectively represent:
7.51 trillion GDP in USD
10.67 million square miles of land
20.6% of the world's land area
1.61 billion population
19.95% of the world's population
1.27 billion Muslims
72.8% of the world's Muslims
518 mean population density
80 mean population IQ
2.64 homicides per 100k of pop.
#islam #muslim #muslims #ummah #gdp #gdppercapita #wealth #economics #stats #statistics #demography #anthropology #culture #religion #islamicworld #usa #uk #muslimworld #data #information #money #culturalanthropology #comparativereligion #population #land #landarea #homicide #iq #homiciderate #intelligencequotient #israel #palestine #israelpalestinewar #migrants #globalism #refugees #asylees
GDP Per Capita & National Mean IQ for 240 Countries & Dependencies, using Pearson Sample Correlation Coefficient, 2023.
This demonstrates that as mean IQ goes down, GDP Per Capita also goes down, or conversely, as mean IQ goes UP, GDP Per Capita also goes up, with a 0.63 (strong) correlation.
This is in relationship to the graph provided at the following link: https://iviv.hu/posts/1527586
#gdp #gdppercapita #iq #nationalmeaniq #intelligence #intelligencequotient #trend #correlation #data #research #analysis #uk #usa #economics #statistics #civilization #wealth #society #anthropology #genetics #genotypes #neurology #systems #un #eu #europe #asia #africa #middleeast #gnp #wealthcreation #societalsystems #growth #development #competency #mentalability
Correlative Trend Between GDP Per Capita & National Mean IQ for 240 Countries and Dependencies, 2023.
Logic suggests that the higher the mean IQ a people-group exhibits, the more capable they will be to discover, invent, implement, maintain, grow & iterate the complex, interacting societal systems that support economic development & wealth creation.
#gdp #gdppercapita #iq #nationalmeaniq #intelligence #intelligencequotient #trend #correlation #data #research #analysis #uk #usa #economics #statistics #civilization #wealth #society #anthropology #genetics #genotypes #neurology #systems #un #eu #europe #asia #africa #middleeast #gnp #wealthcreation #societalsystems #growth #development #competency #mentalability
quick,
destroy more,
make shoddier,
replace sooner,
externalities, externalities, externalities,
rebrand the devil angelic,
keep telling the slaves they're free,
destroy the competition,
suppress the innovations that obsolete the rents.
look at all that churn.
look at all that wealth transfer.
pay no attention to the orders magnitude more wealth destroyed.
keep calling wealth extraction maximisation "profit".
keep calling poverty a virtue to the impoverished.
keep saying the churn is progress and riches.
trot out worshippers of the Gross Domestic Product.
dont you just love capitalism?
maybe capitalist barons care.
maybe this psycho is best.
believe harder. the lies are true.
buy more.
stay dependent,
on your abuser,
because they took everything.
dont you just love capitalism?
#digitspoems #capitalism #churn #GDP #TheCorporation #ThePsychopath #wealthextractionmaximisation #poverty #marketing #advertising #plannedobsolescence #dependence #austerity #rentierism #rents #barons #bigbaron #buy #buybuybuy #consumerism #economics #freedom #deception #emancipation #oppression #orwellianism
Euronews: #Germany expected to be only major economy not to grow this year
— "According to the latest figures from the International Monetary Fund, Germany's #GDP is forecast to drop 0.3% this year while other countries continue to grow.
• The German #economy is still failing to grow, figures showed on Friday, as the country that should be the industrial powerhouse for all of #Europe struggles with high energy prices, rising borrowing costs and a lagging rebound from key trading partner #China.
• Economic output in Germany stagnated in the April-to-June quarter, the Federal Statistics Office said. That follows a decline of 0.1% in the first three months of the year and a drop of 0.4% in the last three months of 2022 as the energy shock from Russia's war in #Ukraine echoed through Europe's largest economy."
#Russia #UkraineWar
Putzig, was für Gestalten sich auf einmal Sorgen um »Akzeptanz für den Klimaschutz« machen …
#Kopelke #GdP vs. #LetzteGeneration
Hudson, ever astute, points out what many in the economics world of the West wanted to always ignore.
In addition to having to subsidize domestic European gas to prevent widespread insolvency, a large proportion of German Leopard tanks, U.S. Patriot missiles and other #NATO “wonder weapons” are being destroyed in combat against the Russian army. It has become clear that the U.S. strategy is not simply to “fight to the last Ukrainian,” but to fight to the last tank, missile and other weapon being deleted from NATO stocks. This depletion of NATO’s arms was expected to create a vast replacement market to enrich America’s military-industrial complex. Its NATO customers are being told to increase their military spending to 3 or even 4 percent of #GDP. But the #weak performance of U.S. and #German arms on the Ukrainian battlefield may have crashed this dream, while Europe’s economies are sinking into #depression. Source
Exactly! And, in the end, in warfare the reputation of weapon systems matters and the US military-industrial complex has been finally exposed.
#economy
#investment in #war mostly makes a lot of #money
The #Climate #Question - Is there a greener way to rank successful economies?
Source: https://www.bbc.co.uk/sounds/play/w3ct5bjw
Growth and #GDP have become a kind of religion that leads to us not acting sustainably and not thinking much about this lack of sustainability at decision-maker level.
#economy #politics #climate #environment #change #nature #earth #system #capitalism
Generative #AI could raise global #GDP by 7%
Source: https://www.goldmansachs.com/insights/pages/generative-ai-could-raise-global-gdp-by-7-percent.html
A new wave of AI systems may also have a major impact on employment markets around the world. Shifts in workflows triggered by these advances could expose the equivalent of 300 million full-time jobs to automation,
"Bicycle is the slow #death of the #planet."
A banker made the economists think this when [they] said:
“A cyclist is a #disaster for the country’s #economy: [they don't] buy cars and doesn’t borrow #money to buy. [They] don't pay insurance policies. Don't buy fuel, don't pay to have the #car serviced, and no repairs needed. [They don't] use paid parking. Doesn't cause any major accidents. No need for multi-lane highways.
[They are] not getting obese.
Healthy people are not necessary or useful to the economy. They are not buying the #medicine. They don't go to hospitals or doctors.
They add nothing to the #country's #GDP.
"On the contrary, each new McDonald’s store creates at least 30 jobs—actually 10 cardiologists, 10 dentists, 10 dietitians and nutritionists—obviously as well as the #people who #work in the store itself."
Choose wisely: a #bike or a #McDonald's? It's something to think about.
~ Emeric Sillo
PS: #walking is even worse. #Pedestrians don't even buy a #bicycle!
#banksters #finance #capitalism #politics #health #society #problem #wisdom #quote #future #environment #emissions #co2 #Transport #highway #traffic #sports #fail
The report found that recovery and reconstruction needs across social, productive, and infrastructure sectors total $349 billion, which is more than 1.5 times the 2021 #GDP of Ukraine. Over the next 36 months the #RDNA assesses that $105 billion is needed to address urgent needs such as restoring #education and #health systems and infrastructure, preparing for the upcoming winter through restoration of heating and #energy to homes, support to agriculture, and repair of vital #transport routes. The safe management of debris and explosives, including landmines, also pose a substantial cost.
The Government of #Ukraine is looking at the specific needs across the different regions ahead of the winter. Based on the highest priorities, tailored recovery and reconstruction plans are being developed to guide a program in each area.
The World Bank and the European Commission confirmed their continued support for the Government of Ukraine. Given the ongoing war, there will be a need for future assessments of damage, loss and reconstruction/recovery needs in Ukraine. The Swiss State Secretariat for Economic Affairs ( #SECO) has committed financial support for this purpose.
https://euromaidanpress.com/2022/09/09/349-bn-needed-to-rebuild-ukraine-world-bank/ #eu #war #wb
Although the end of the year is still far away and many trends may still change, 2022 has undoubtedly been quite unique for the Russian #economy. In terms of the depth of the economic downturn, it is certainly going to ‘outdo’ the #crisis year of 2009, when the Russian Federation’s #GDP shrank by 7.9%. When it comes to de‑globalisation, it will surpass all parameters of 2014−2015, when #Russia was first subjected to Western #sanctions following the occupation of #Crimea and efforts to provoke separatism in the eastern regions of #Ukraine. That said, the current crisis differs significantly from the previous ones in terms of its dynamics: unlike in the past, there has been no sharp depreciation of the rouble (this year, its value was restored, which was not the case previously); the stock market decline has also been much less significant (going down by one third now versus shrinking twice in 2014−2015 and almost five times in 2008−2009). But the most paradoxical factor in my view is the situation in foreign trade and the balance of payments.
https://ridl.io/russian-economy-after-six-months-of-nbsp-war/ #war #oil #eu
The economic miracle of the People’s Republic had some key features: Ever-rising home prices, surging household #debt, and a real estate sector that broadly contributes to one third of #GDP. Wary of an asset price bubble, #Xi drew three “red lines” last year to restrict financing and force developers to deleverage. A flurry of defaults ensued, including that of #property giant #China Evergrande (3333.HK), forcing bondholders to accept extensions or chase lawsuits. The #revolt on mortgage payments underscores #Beijing’s failure to ensure the losses stop there.
It puts the focus on China’s property buying preferences. New launches are almost always sold before they are built. When heavily indebted developers run out of cash, buyers are left with nothing but a debt obligation. #Evergrande warned of this problem in a letter it wrote in 2020 to local authorities: The company pleaded to be allowed to list a subsidiary to avoid a cash crunch that it said would cause huge financial and social risks, including two million buyers who might #protest over their 600,000-odd unfinished apartments.
https://www.reuters.com/breakingviews/china-property-crisis-enters-dangerous-next-phase-2022-07-14/ #economy #crisis