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Somali's GDP per Capita is false


Look it up its called informal economy or shadown economy. Its an illusions

Think about if a person can work for cash and hide their income, how many do that in countries around the world. Who accounts for embezzlement and illegal money.

I am not a economists but I know that the so called rich people lists are lies. Musk even mentioned Putin is significantly richer than him. If Stalin was a trillionaire imagine Putin? Hassan Shiekh could be worth billions. I know the leaders in South Africa are billionaires.

They do not report black markets, prostitution, drugs etc. China grossly inflation their economy.

Gdp is an illusion.


Hamas are billionaires. First world is a illusion outside of health and warzones.
 

Mohamedamiin120

Marxist-Leninist, Somali (Galbeed).
These style of homes are also common in small towns like Beledweyne or Bulcad

https://x.com/MogadishuMade/status/1920152926082801959
Beledweyne is not a small town, if you look at it from Google Maps/Google Earth you can see just how much houses are in the city.

Lets try a rough population estimate: Beledweyne district has 1.5 million people, 315,000 live in urban settlements.

Lets say 1/3rd of that lives in Beledweyne, then Beledweyne has a population of 105,000. This is very plausible and I could get a better estimate by counting all the houses in Beledweyne and multiplying that by 6.6 (average household size in Somalia) but that would take waaay to much time.

Alot of other estimates have things like '50k' or '300k' but until a REAL census is made all of these estimates are just fkd weapons and it's hard to find the truth.
 

Look it up its called informal economy or shadown economy. Its an illusions

Think about if a person can work for cash and hide their income, how many do that in countries around the world. Who accounts for embezzlement and illegal money.

I am not a economists but I know that the so called rich people lists are lies. Musk even mentioned Putin is significantly richer than him. If Stalin was a trillionaire imagine Putin? Hassan Shiekh could be worth billions. I know the leaders in South Africa are billionaires.

They do not report black markets, prostitution, drugs etc. China grossly inflation their economy.

Gdp is an illusion.


Hamas are billionaires. First world is a illusion outside of health and warzones.
Lol ofc Somalia no data

1760369857222.png
 

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