- cross-posted to:
- chapotraphouse@hexbear.net
- socialism@lemmy.ml
- cross-posted to:
- chapotraphouse@hexbear.net
- socialism@lemmy.ml
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smh this video spreads misinformation, China already surpassed the US!
touche
By what metric? The US still has a higher GDP than China.
houses owned by people
Not if you measure purchasing power parity.
Thanks
Coolness
Nominal yes, PPP no. Comparing nominal GDP doesn’t mean much because it’s an apples to oranges comparison. It only matters for foreign trade. And China’s economy is actually bigger than official stats suggest: https://lemmygrad.ml/post/4853219
they rite tho. there are only socialist nations 8)
nice video
