Message from @unit

Discord ID: 522485939747160075


2018-12-12 18:48:00 UTC  

but they're not

2018-12-12 18:48:01 UTC  

shenzhen today is very similar to LA in terms of wealth

2018-12-12 18:48:07 UTC  

30 years ago it was a poor village

2018-12-12 18:48:21 UTC  

do you realize this trend?

2018-12-12 18:48:24 UTC  

No matter if they should have been doing better, since they're surpassing the US anyways.

2018-12-12 18:48:57 UTC  

How so?

2018-12-12 18:49:02 UTC  

with a 1.2 billion population

2018-12-12 18:49:07 UTC  

they're not the largest economy

2018-12-12 18:49:15 UTC  

it'll take a few decades

2018-12-12 18:50:26 UTC  

you used GNI to demonstrate the country isnt surpassing the US, when obviously the relevant indicators would have to be GDP PPP

2018-12-12 18:50:34 UTC  

to the conversation

2018-12-12 18:50:43 UTC  

Yes GDP PPP PER CAPITA = GNI PPP

2018-12-12 18:50:45 UTC  

per capita

2018-12-12 18:50:54 UTC  

You can check it for your selves

2018-12-12 18:51:38 UTC  

but that only shows how rich individuals are getting, which is a bit misleading since coastal areas and rural areas are night and day. the point is production and economic activity

2018-12-12 18:51:52 UTC  

Yes the average wealth of citizens

2018-12-12 18:51:57 UTC  

it isn't good if it is 14K

2018-12-12 18:52:07 UTC  

it doesn't matter about the "rural" or "costal"

2018-12-12 18:52:21 UTC  
2018-12-12 18:52:22 UTC  

it's not just rich individuals it's median income

2018-12-12 18:52:35 UTC  

... I've never understood how all these nations that fight with each other in these ways still accept plane loads of each other's "tourists" & whatnot? .. it's like if I accepted people into my house & all they wanted to do was piss & moan about my house & the way I do things, but they spend money or buy things from me so I tolerate them or something like that? 🤔

2018-12-12 18:52:41 UTC  

you are nitpicking wealth of citizens specifically, i already told you we're talking about economic activity

2018-12-12 18:53:03 UTC  

and how much the country *as a whole* is producing

2018-12-12 18:53:05 UTC  

Yes

2018-12-12 18:53:21 UTC  

thats not a big deal since their citizens are at third world standards

2018-12-12 18:53:26 UTC  

not individually, if you want to compare that you should probably do city by city

2018-12-12 18:54:02 UTC  

No you should do it by PER capita

2018-12-12 18:54:03 UTC  

@unit we don't strive to fight, we strive for an agreement

2018-12-12 18:54:04 UTC  

GDP PPP

2018-12-12 18:54:12 UTC  

having wealth in the cities isn't a big deal

2018-12-12 18:54:16 UTC  

since most of their citizens are doing bad

2018-12-12 18:54:17 UTC  

@unit well does every tourist that goes to china share the same opinion of trump?

2018-12-12 18:54:28 UTC  

you're not measuring the richest person you're measuring the overall average income

2018-12-12 18:54:38 UTC  

but that's irrelevant to the conversation dude

2018-12-12 18:54:46 UTC  

But what is your point

2018-12-12 18:55:21 UTC  

we were talking about how well the economy as a whole is doing, how much it's producing and how much revenew it's making. people in china still earn significantly less than the US on average OBVIOUSLY

2018-12-12 18:55:46 UTC  

Also tourism is good for the economy, why wouldn't they want that @unit

2018-12-12 18:55:53 UTC  

Yes but you're forgetting the basic economic system is put into place to help the citizens

2018-12-12 18:56:04 UTC  

it clearly isn't

2018-12-12 18:56:12 UTC  

but if you want to look at the whole economy

2018-12-12 18:56:13 UTC  

GDP wise