USA #1 !!!!

>EU
I got triggered. I don't want to be EU.

>>70462699
hahahaha

>>70462699
D-don't worry! We'll overtake everyone once Trump nukes Mexico, genocides all globalists, and starts a trade war with China! Then we'll be great again I swear!

File: C2npcFXXcAE2SYW.jpg (118KB, 882x639px) Image search: [Google]

118KB, 882x639px

>>70462699

b-b-but muh TRUMP!!!!!!!!!

>>70462699
Wait, when did this happen?

>Entire continent of Europe needs to band together to top USA
heh typical Euro-peons
>China
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>70462699
>EU including U.K.

>>70463328
It's GDP figures with PPP adjustment. USA is still at top if you consider nominal values.

>int$

>>70463393
Which one is a better metric?

>>70462699
brazil is top seven first world country

>>70463462
Basically, normal GDP uses US dollars, the de facto international trade currency. PPP uses imaginary "international dollars" so that the country who controls the international trade currency doesn't get a statistical advantage.

Basically, PPP doesn't reflect reality

>>70463462
Well, PPP gives you inflation adjusted values, so it's a better indicator. But nominal is more important in international trade.

File: 1362692458123.png (34KB, 199x200px) Image search: [Google]

34KB, 199x200px

>>70462699
>PPP

>>70462699
and you thought america will be """great""" again.

nothing personal kid

>>70463462

Nominal GDP compares the literal size of both economies, measured in USD. In other words, the entire final production of a country converted into dollars.

The other metric is the same, but it is adjusted to the prices of every country (hence Purchasing Power Parity). You can buy far more things with 10$ in China than in the US and this metric tries to reflect this.

The United States economy is bigger than China's when measured in dollars, but you can get more stuff with the GDP of China, in China, than you can get with US' GDP in the US.

Since we use the USD as refference, the United States nominal GDP is the same as its PPP.

>>70463350
>Entire continent of Europe needs to band together to top USA
EU is not whole Europe tho

File: 3.png (122KB, 336x327px) Image search: [Google]

122KB, 336x327px

>>70462699
>PPP

>>70462699
>millions of /int/

>>70462824
we'd still be #2 without you AND you get to keep all your new swedes no chargebacks

>>70462699

China and the EU both have more than double our population.

>>70462699
>Chinks worth more than Europe now
Will gwailos ever recover?

>Ameripoors

>>70463552
dropped two spots after your economic woes

>>70462699
>PPP

Spotted the economically illiterate S*av.

File: 1480640104655.png (93KB, 240x226px) Image search: [Google]

93KB, 240x226px

mfw USA defaults

>>70463462
PPP is not for country to country comparisons. It's used to determine purchasing power on a per capita basis, applying it nationwide is misusing the information.

>>70463328
>>Entire continent of Europe needs to band together to top USA
No. Western Europe only.
Retard

>>70463149
This is 2016 numeros

>>70472215
Will never happen asshole

>>70472223
>PPP is not for country to country comparisons.
[Citation needed]

Once the bongs leave EU will go several positions down.
Hold me Romania sempei ;_;

>>70472223
But why?
If you have two identical products/ services, one being made in China and the other in USA, the one being sold in the latter will be valued higher because of higher inflation. Doesn't mean China didn't produce the same thing.

>>70462699
it appears to be #2 here

>the US is committing economic harakiri via president pussygrabber
wew pretty embarassing

>>70472504
PPP adjustment is just accountants manipulating numbers

It's all made up

>>70467635t
>510 million vs 318

not double enough. Still better per capita though

>>70472670
How do you explain the varying costs of living across different cities, then?

>>70462699
>country of 1.3 billion people
>union of 700 million
>barely ahead of 300 million

Lol yuropeeins are literally worth less than Amerocans

Enjoy hearing the call to prayer ring out as Ahmed decides to make your sister his third wife

>>70462699
Good thing the EU isn't set to lose one of the few countries that contribute to that number anytime soon :^)

>>70472755
Cost of living is unrelated to GDP

That's why using PPP to adjust GDP makes no sense at all

>>70472847
It kind of works on the same principal, though. Identical services/goods can have different costs in two nations.

>India 3rd
I guess India superpower by 2020 memes were real

File: 24315555.png (4KB, 272x87px) Image search: [Google]

4KB, 272x87px

>>70472760
>he thinks Europa is the EU

File: olympic.png (18KB, 717x197px) Image search: [Google]

18KB, 717x197px

chinky winkys btfo

>>70472670
Care to explain?

Because wikipedia (and every economix agency) disagrees.
https://es.m.wikipedia.org/wiki/Paridad_de_poder_adquisitivo

>>70476310
>rowing

>>70476406
>.es

>>70462699

Surprising to see Indonesia there

>>70463462
PPP is more accurate

>>70462699
EU includes the UK.
EU also grows by 1% each year while the USA grows by 3%

Dummy

>le PPP means nothing
I think americans will only realize it actually is more meaningful than nominal when the world drops dollar as a currency.

File: 1485445637770.jpg (345KB, 1000x1361px) Image search: [Google]

345KB, 1000x1361px

>>70462699
>$INT

kill yourself OP

Why is America so poor? I remember when people used to look at them with respect

Euros in this thread are clueless

You'll always be jealous of USA

>>70477072
High tax rate but we have nothing to show for it

>#2
shart in chart lmao

>>70472760
>m
>mu
>muu
>muuuuh per capita

File: 1482778429889.png (75KB, 1437x909px) Image search: [Google]

75KB, 1437x909px

>>70476914
>EU also grows by 1% each year while the USA grows by 3%
and China grows by 6%+

>>70476914
>EU includes the UK.
>he thinks brexit means shit
lmao it literally carried as much power as a poll.me poll

File: 1481697887397.gif (4MB, 460x380px) Image search: [Google]

4MB, 460x380px

>Country
>EU

>>70476310
Man they certanly did bread their niggers right

>>70476310
>America is literally Chad

>>70477507
Ethiopia grows by 12%

East African super power when?

>>70477507
>China grows by 6%+

no one actually believes their numbers

File: 1421834627270.jpg (82KB, 400x388px) Image search: [Google]

82KB, 400x388px

>ppp

File: IMG_7269.jpg (146KB, 960x732px) Image search: [Google]

146KB, 960x732px

Is America #1 in weight scale?
How much do Amerifats weigh?

>>70462699
Thanks Obama

>>70477239
We got bombs

>>70477939
Ethiopia's GDP isn't $10 trillion
>>70477989
except for World Bank, IMF, CIA...

>>70462699
Where is gdp in Poland?

>>70462699
yeah but freedom

File: Moe America 20.jpg (684KB, 1200x1200px) Image search: [Google]

684KB, 1200x1200px

>>70472215
>tfw more than 60% of US debt is owned by the federal reserve and Social Security .
>tfw Social security and Federal Reserve can pardon that debt in case of an emergency, like possibility of default (which isn't going to happen to begin with)

We got it all set.

File: brexit.png (639KB, 1403x935px) Image search: [Google]

639KB, 1403x935px

>>70472237
>western Europe only
>Scandinavia
>Greece
>Baltics
>East of Germany

ppp is a bad measure. china is not richer than america, i cant believe this, though it may change in 20-40 years. usa is still the richest country.

File: Screen Shot 2017-01-27 at 9.02.25 PM.png (74KB, 578x500px) Image search: [Google]

74KB, 578x500px

>>70473009
https://en.wikipedia.org/wiki/European_Union

>>70478991
They know it's bullshit though.
Everyone does.

A few weeks ago, some governor of an entire providence or whatever was found faking GDP numbers.

Faking GDP numbers is widely done in China.

From what actual economicst have measured, the growth goes from 2% to around 5%. Most agree that they arent growing at 6 or 7%

>>70463593
the point of PPP is to adjust for differences in cost of living, e.g. someone making 15k dollars in the US would be really poor while someone making 15k dollars in Mexico would be able to live confortably.

It makes sense to use PPP when comparing individuals, but I really don't see the point in using it to compare countries overall

>>70462699
wtf I LOVE poland