@Midas made a thread on this and we discussed it
I was just looking at african countries gdp and I decided to take a look at ethiopias Wikipedia page. It's absolutely crazy it says their gdp is 250 billion. Which doesn't make any sense. Sp i looked around and apparently the ethiopian govt is reporting a gdp of 200 billion up from 163 last...
www.somalispot.com
Folks have to understand that this fake "agricultural revolution" is used to inflate GDP statistics like the 200-120 billion GDP you see being reported, when in reality it's probably close to 50 billion. In order to boost global reputation and attract foreign investment.
Even 160-120 billion is already low for a country with a population of 123 million it means the average GDP per capita is 1000 or less . If the GDP is lower than that , which it is. Then they are living in abysmal poverty crushing conditions and is compounded even more with the high inequality so whatever wealth shown isn't even evenly distributed.
In another thread i attempted to expose this reality by comparing Somalia's largest open market with Ethiopia's largest open market. You start to see the dire economic conditions and desperation by the average Ethiopian in Addis.
Since their economy has no real productive sectors, not even booming trade, and financial or private sector like Somalia and is largely just agricultural based economy.
It means they have to inflate the agricultural statistics to such ridiculous highs to support their GDP numbers. But because it is agricultural based it's not easy to lie about and you start to see the glaring flaws when there is no rational put forward to justify it and when you compare it to global averages.
Agricultural sector numbers is fairly easy to fact check and the fake stats fall apart, because we know they aren't exporting or producing/consuming much of anything other than agricultural products.
So how are they producing enough agricultural products when they are suffering from chronic hunger, food shortages, famine and have to rely on aid?
Like here they point out that the government of Ethiopia would have you believe that Ethiopians munched on enough domestically produced wheat that is equivalent to 3 times the global average while at the same time as they rely on wheat food imports and the countries stapple grain is teff.
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This is realization is not new. Back in 2015 a group of researchers sought out to expose this. Take a look at ridiculous these figures look and they compared it to the fraudulent accounting of ENRON.
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And back then in 2015 they were also facing famine and food shortages which didn't square up with the agricultural stats increases that the government reported.
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Nonetheless what the author concludes in this recent article is accurate.
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I shared something similar to
@X29 about my own predictions: