American billionaires, they should be counted, and theres no such thing as plebs here were the land of rags to to rich and back to rags and the cycle continuesThat's gross GDP, completely unfiltered.
A lot of that is stashed in funds controlled by billionaires, not given to the plebs.
thats the point they don't have the population which is why their gdp is puny and when accounting for the wealth of nations should be included lol this is why our defense spending per year is more then 6 times their total gdp, because were just a far richer countryNo. GDP would be higher based on the size of the population. Per capita is a better indicator.
If Qatar had the same population size as the U.S, then it would have double the GDP.
Islam is the reason why you even have a Somalia to begin with, baka.Nationalism is better for Somalia, Islam is just an Arab religion and ideology that doesn't advance Somalia in any way. I will wave the flag of Somalia instead of sucking up to Islamists any day of the week.
You're looking at it the wrong way. There's no point in having a large GDP that only reflects the population size, while people are poor or the income distribution unequal. It's not a pissing contest about who has the highest GDP, but who earns more per capita because only that captures well-being more accurately (more access to wealth means greater access to things that may improve your life). Consistent research shows that GPI is a better way to measure economic and social health.thats the point they don't have the population which is why their gdp is puny and when accounting for the wealth of nations should be included lol this is why our defense spending per year is more then 6 times their total gdp, because were just a far richer country
I don't understand what you mean, defense has the most bearing on ordinary civilians as its what protects our nation, also were not even talking about individuals anyways but which country is richer, if we were just talking citizens it would be no real comp since the richest civilians are AmericansYou're looking at it the wrong way. There's no point in having a large GDP that only reflects the population size, while people are poor or the income distribution unequal. It's not a pissing contest about who has the highest GDP, but who earns more per capita because only that captures well-being more accurately (more access to wealth means greater access to things that may improve your life). Consistent research shows that GPI is a better way to measure economic and social health.
Interestingly, you mention the staggering amount the U.S spends on defense. Since GDP means the dollar-amount value of all purchased goods and services over the course of one year, that means the amount spent on defense would increase the GDP by the exact amount, while it has no bearing on the well-being of the ordinary civilians. Do you understand? Gross domestic product is a bad indicator because it has too many holes in it.
GDP is only relevant when accounting for macro related subjects, but on this topic, you're missing the point.
Let's not get distracted and dragged into the U.S excessive defense spending. It was just a convenient example since you brought it up. Did you understand what I was trying to convey?I don't understand what you mean, defense has the most bearing on ordinary civilians as its what protects our nation, also were not even talking about individuals anyways but which country is richer, if we were just talking citizens it would be no real comp since the richest civilians are Americans
I’m not a fan of income equality so egalitarian in this sense doesn’t matter to me, as for gpi when it shows countries like Luxembourg as higher than the US when there’s people in my more neighborhood worth more than the whole country you know it’s misleading and doesn’t represent who has richer civiliansLet's not get distracted and dragged into the U.S excessive defense spending. It was just a convenient example since you brought it up. Did you understand what I was trying to convey?
Clearly, you guys are not the wealthiest civilians. There are smaller countries who have a higher GPI, and generally more egalitarian. Just look at the ranking Apollo showed.
What has the number of billionaires anything to do with it. Lmao? You're full of shit, dude.I’m not a fan of income equality so egalitarian in this sense doesn’t matter to me, as for gpi when it shows countries like Luxembourg as higher than the US when there’s people in my more neighborhood worth more than the whole country you know it’s misleading and doesn’t represent who has richer civilians
What has the number of billionaires anything to do with it. Lmao? You're full of shit, dude.
You can't measure the success of a nation based on the number of how many billionaires that live your neighborhood. And I doubt one of your neighbors have a higher net worth than 70b.
Your opinion on income equality doesn't matter. It's a matter of importance to people who do research on this stuff. Just accept that you aren't the richest. Based on the normal rankings you are not even in the top 5, accept the facts warya.
In Brazil you have ultra-rich people living close by ultra-poor, does this mean anything? No. It's idiotic for the poor guy to start bragging about his rich neighbor when he is starving and has no prospects in life due to inequality.View attachment 74190
I’m sorry but the gpd per capita to me is a flawed statistic that doesn’t represent the wealth of a nation properly since 5 people making 10 dollars are supposedly doing better than 5 people making 11 just because one is making 12 and another 4 are making 4, if say the population of Luxembourg were Abo sorbet by the US, non of there citizens would really be considered rich
Doesn’t the rich guy also deserve to be accurately represented in the statistic too, it’s not idiotic you have to see what there measuring, for example statistics that look for the middle like say the median are inaccurate as if there’s ten men at the bar making 15 an hour, bill gates sits at the end of the bench, 15 is still the median, warren buffet also sits down, the median is still 15 so it’s not even taking them into account and it’s as if they weren’t there to begin with making it a flawed measure in this case, same with averages which are too highly affected by outliers where the bottom and top 1 percent in America make the number and the majority of Americans aren’t even included in the statistics, this is why a measure at the civilian level is misleading and a total figure like gdp more accurate and comparableIn Brazil you have ultra-rich people living close by ultra-poor, does this mean anything? No. It's idiotic for the poor guy to start bragging about his rich neighbor when he is starving and has no prospects in life due to inequality.
You're the type of guy to talk about shit, just for talking sake. The content doesn't matter.
Aiight dawg. Let's end it here.
We’re not the richest lol.
American patriotism is more of a showy, arrogance thing. Most Americans are aware we’re not the best, but we definitely have a deep respect for national history, figures, symbols (the anthem, the flag, etc, hence the reason Black NFL players kneeling was such a huge deal).
That’s so interesting lol. Man, Germany is very thorough. Either uber Nationalism fucks them through Naziism or they’re clear in the opposite direction with an anti-national symbols stance.
We’re not the richest lol.
American patriotism is more of a showy, arrogance thing. Most Americans are aware we’re not the best, but we definitely have a deep respect for national history, figures, symbols (the anthem, the flag, etc, hence the reason Black NFL players kneeling was such a huge deal).
That’s so interesting lol. Man, Germany is very thorough. Either uber Nationalism fucks them through Naziism or they’re clear in the opposite direction with an anti-national symbols stance.
One percent of the richest in the U.S own more than 37% of the personal wealth in the whole fucking country. That is a problem when literally people at the bottom eat and live in shit.Doesn’t the rich guy also deserve to be accurately represented in the statistic too, it’s not idiotic you have to see what there measuring, for example statistics that look for the middle like say the median are inaccurate as if there’s ten men at the bar making 15 an hour, bill gates sits at the end of the bench, 15 is still the median, warren buffet also sits down, the median is still 15 so it’s not even taking them into account and it’s as if they weren’t there to begin with making it a flawed measure in this case, same with averages which are too highly affected by outliers where the bottom and top 1 percent in America make the number and the majority of Americans aren’t even included in the statistics, this is why a measure at the civilian level is misleading and a total figure like gdp more accurate and comparable
Funny thing is the rich and big corporations are also part of the nation so you have to add them also, why in the world would try not be represented, and if you know statistics you know comparing countries at a civilian level can be accurately done without marginalizing people whether the rich and poor in median and the middle class in an average, really the best way to compare is nominal gdp, although what you presented dose bring another aspect which is investments which aren’t taken home that isn’t represented in a income since now American corporations have past the trillion dollar threshold, this is very significant, especially considering here in the US we view corporations as people/citizens with full constitutional rights, also natural resources are a point of contention considering countries like Qatar give it to there citizens as income when the US makes more of oil and natural resources than Qatar but it isn’t represented in income but is measured in gdp, which is why total gdp is a better measure like I said for comaprison while gdp per capita is a very misleading stat that doesn’t tell us very much about a given populationOne percent of the richest in the U.S own more than 37% of the personal wealth in the whole fucking country. That is a problem when literally people at the bottom eat and live in shit.
Warya, you are not a researcher; everything you pointed out is considered in the calculations.
"Wealth inequality in the United States (also known as the wealth gap) is the unequal distribution of assets among residents of the United States. Wealth includes the values of homes, automobiles, personal valuables, businesses, savings, and investments. The net worth of U.S. households and non-profit organizations was $94.7 trillion in the first quarter of 2017, a record level both in nominal terms and purchasing power parity. If divided equally among 124 million U.S. households, this would be $760,000 per family; however, the bottom 50% of families, representing 62 million American households, average $11,000 net worth."
You niggas are poor, but you are so dumb and are quick to speak up for the ultra-rich lizards who suck the proteins out of your brains, leaving you retarded as hell.
I'm out.Funny thing is the rich and big corporations are also part of the nation so you have to add them also, why in the world would try not be represented, and if you know statistics you know comparing countries at a civilian level can be accurately done without marginalizing people whether the rich and poor in median and the middle class in an average, really the best way to compare is nominal gdp, although what you presented dose bring another aspect which is investments which aren’t taken home that isn’t represented in a income since now American corporations have past the trillion dollar threshold, this is very significant, especially considering here in the US we view corporations as people/citizens with full constitutional rights, also natural resources are a point of contention considering countries like Qatar give it to there citizens as income when the US makes more of oil and natural resources than Qatar but it isn’t represented in income but is measured in gdp, which is why total gdp is a better measure like I said for comaprison while gdp per capita is a very misleading stat that doesn’t tell us very much about a given population