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Failure of GDP

submitted by BrokenVoat to EconomicCollapse 8 monthsSep 28, 2024 04:55:34 ago (+0/-0)     (EconomicCollapse)

I was thinking of why the west could not produce more artillery shells tgan Russia. If you look at nominal GDP numbers https://www.worldometers.info/gdp/gdp-by-country/ it does not make any sense. Obviously GDP is grossly inaccurate, but thinking that I think we need a new GDP measure like Military Power Parity. Basically like PPP but we compare the price of equivalent strong military units and use that to correct nominal GDP numbers. If we use germany as reference this would make the USA actual GDP the same as italy and Russia sonewhere close or above China. With these corrected numbers it is easy to see why we git covid, ukraina, 2030 and all other deep state bullshit, it is simple desperation of the USA


5 comments block


[ - ] FreeinTX 1 point 8 monthsSep 28, 2024 08:03:12 ago (+1/-0)

We can't out produce Russia with artillery shells because we can't just print them. It takes actual materials and semi-skilled labor.

[ - ] BrokenVoat [op] 0 points 8 monthsSep 28, 2024 18:12:31 ago (+0/-0)

Huh, there should be plenty of both in the USA, including years of time to setup production and train staff.

[ - ] FreeinTX 0 points 8 monthsSep 28, 2024 20:10:53 ago (+0/-0)

You can't poop materials, or print them, and the labor to extract the ore, turn the ore into something usable in manufacturing, and then to manufacture them ain't cheap here in the US as the dollar takes a shit.

[ - ] BrokenVoat [op] 0 points 8 monthsSep 30, 2024 13:24:17 ago (+0/-0)

The USA should have all of that in the USA

[ - ] FreeinTX 0 points 8 monthsSep 30, 2024 18:25:02 ago (+0/-0)

I agree that we should but are you prepared for what the massive increase in available dollars will do to the demand, and therfore price everything?

Our government policies that have driven manufacturing overseas cannot be reversed without serious short and mid term excruciating pain.