☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to GenZedong@lemmygrad.mlEnglish · 4 months agoName one successful communist nation!media.mas.tovideomessage-square10fedilinkarrow-up11arrow-down10file-textcross-posted to: socialism@lemmy.ml
arrow-up11arrow-down1videoName one successful communist nation!media.mas.to☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to GenZedong@lemmygrad.mlEnglish · 4 months agomessage-square10fedilinkfile-textcross-posted to: socialism@lemmy.ml
Your browser does not support playing HTML5 video. You can download a copy of the video file instead.
minus-squarepinguinu [any]@lemmygrad.mllinkfedilinkarrow-up0·4 months agosmh this video spreads misinformation, China already surpassed the US!
minus-squareradiofreeval [any]@hexbear.netlinkfedilinkEnglisharrow-up0·4 months agoBy what metric? The US still has a higher GDP than China.
minus-squarecfgaussian@lemmygrad.mllinkfedilinkarrow-up0·4 months agoNominal 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
minus-squareCochise@lemmy.eco.brlinkfedilinkarrow-up0·4 months agoNot if you measure purchasing power parity.
smh this video spreads misinformation, China already surpassed the US!
By what metric? The US still has a higher GDP than China.
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
houses owned by people
Coolness
Not if you measure purchasing power parity.
Thanks
touche