nostr:npub1a0qxpztc73n47hp37wxfqt6thaakt97seu7satuv7uz65mnlq37sxu3tmr more importantly, the two largest economies in this particular club are China and India (India's GDP actually far exceeds that of Russia's, but it's complicated because it wouldn't be the case without cheap Russian oil), and those two can't even agree where their common border is, leave alone common interests rates. They're at war for crying out loud 😂
nostr:npub16rsfuhv9vvn39cmrdg9s9qcq20lfqp4u8w35f8svm30dny345d7qhc2zfj nostr:npub1a0qxpztc73n47hp37wxfqt6thaakt97seu7satuv7uz65mnlq37sxu3tmr When comparing GDP, don't you also have to take into account India having 10 times the population that that GDP has to support?
I hate economics.
nostr:npub1upvchk60rv7etag72gm9608msx07edtqpkay56c6wggl4r28m08scdutj0 nostr:npub16rsfuhv9vvn39cmrdg9s9qcq20lfqp4u8w35f8svm30dny345d7qhc2zfj I don’t have to do shit, because I don’t own any nuclear weapons so what I think doesn’t matter.
nostr:npub1upvchk60rv7etag72gm9608msx07edtqpkay56c6wggl4r28m08scdutj0 nostr:npub1a0qxpztc73n47hp37wxfqt6thaakt97seu7satuv7uz65mnlq37sxu3tmr what you're talking about is GDP per Capita, and it's being published too, but while that can give you a rough indication of living standard in the country, it is inconsequential when it comes to the size of the economy. I mean, think about about it. Say you live alone and you generate 20k of profit anally. Can your household afford a better car than a couple living nextdoor making 10k each? ;)