Imagine buying an overpriced 1000 sq ft home for a million dollars. YOU JUST CONTRIBUTED A MILLION DOLLARS TO GDP. Imagine paying 100k for a surgery. YOU JUST CONTRIBUTED 100K TO GDP. You get ripped off and paid a thousand dollars for something worth ten dollars. You also just contributed $1000 to GDP. Fucking retarded metric.
No shit. Look at the happiness index instead.
The more you pay for things the better it is (for them).
Gross domestic booba
>>542265009How would you measure the size of the economy then, professor?
Surely it's not that stupid
>>542265009Getting scammed by Jews and Indians = contributing to GDP
>>542265263It mostly is that stupid, but it's only really used to compare countries, so unless one country's GDP is all real production while another is 100% paying each other to eat shit, the methodology doesn't matter that much. It's a broad measure of how much money is flowing in an area.
>>542265046Fpbp
>>542265009Something something three jews are walking down the street arguing, and one says to the other, I'll give you $100 eat that dog shit. He grudgingly eats it and pockets the $100. As they all keep arguing it happens again in reverse as the other man eats a piece of shit to get his $100 back.Now as they complain about being no richer than before, and in fact much worse off, the third guy says>guys, look on the bright side, GDP just went up $200 for services delivered
>>542265880they also created two jobs
>>542265994fuck, forgot that
>>542265009cute
>>542265009>>542265009I know it's bullshit simply from looking at the top 10 list. Nobody would want to live in half of those countries if they had the choice.
>>542265880>>542265994You've just described the service economy. This is why China is economically raping the daylight out of this planet since they clearly understand the value creation model.
>>542265009Its also why they like loans.Both the loan and the money you send back and also the interest count towards gdp.Im serious.
>>542265009The sooner you realize everything is retarded the sooner you stop stressing about fixing it.
>>542265009It's bullshit for you but Capitalism isn't meant for you. The Capitalist class have become richer and more powerful than ever since the GDP metric was introduced and that's the whole point of Capitalism.
Two €200/h prostitutes 69ing each other contributes €400 to our GDP every hour.
loans, building ghost cities and spending absurd amounts aka 20x actual price for the military industrial complex also creates gdpeconomic growth needs to be around -25% for the next 25 years if humanity wants to keep its standart of living.
>>542265263It is, and it's even worse in high gibs countries.A full third of our population is on one or other form of government handouts. And when they spend that money, it counts towards the GDP despite them being nothing but useless eaters.
>>542268611She's a smoker, and that ain't cute, it's disgusting.
>>542265009so how do we figure out how wealthy a nation really is? Everyone has to make their net worth public?