- cross-posted to:
- socialism@lemmy.ml
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nice video
they rite tho. there are only socialist nations 8)
smh this video spreads misinformation, China already surpassed the US!
touche
By what metric? The US still has a higher GDP than China.
Coolness
Not if you measure purchasing power parity.
Thanks
houses owned by people
Nominal yes, PPP no. Comparing nominal GDP doesn’t mean much because it’s an apples to oranges comparison. It only matters for foreign trade. And China’s economy is actually bigger than official stats suggest: https://lemmygrad.ml/post/4853219