Yes, exactly.
That's why consumer prices are rising, unemployment is rising, poverty is rising, the insolvency rate is rising and life expectancy is falling.
This person is yet another who has absolutely no idea what they're talking about.
Just parroting MAGA nonsense.
Half of the American economy is just price gouging, financial f*ckery and data centers. To the real economy the US are at max half as important as the supposed second largest economy of China.
But the US is a strong stable democracy, so it makes sense that other countries use it as a reserve currency.
Unless the US does something stupid like putting a grifter in charge of the economy, who wants to manipulate markets to enrich himself, there is no problem. /s
You guys are arguing about GDP per Capita. It means nothing without bringing in income distribution to the discussion. This where the USA really fails.
Right so the total population part is irrelevant because you already have the GDP per capita metric. 3rd highest population and 1st in GDP by a wide margin would make the opposite argument you’re trying to make.
Yeah I think income disparity metrics are a better way to go after the US. Being 11th in GDP per capita is actually pretty good. There are 200 countries. Coming in a 11th in a 200 person race is great.
The US I believe has the most income inequality for first world developed countries. And people with low skill jobs do not get any vacation time. These are better criticisms I think.
Your economy is that good that the patrons in your restaurants are required to pay the wages of the staff through semi-mandatory tips on top of paying for the food/service.
Meaning: wage earners helping pittance earners out. Not exactly a sign of what I would call a strong economy, lol.
Yes, exactly.
That's why consumer prices are rising, unemployment is rising, poverty is rising, the insolvency rate is rising and life expectancy is falling.
This person is yet another who has absolutely no idea what they're talking about.
Just parroting MAGA nonsense.
He knows better than you!
He heard it from the news. And on top of that his Papa confrms it. And his Papa is well traveled, he once went into the big city!
What is the source of your statement and whatever it is it can never be as reliable as his so they don't count!
The world seems to be doing fine cutting a ton of American products. Canada is actually BETTER OFF now.
Guess we learned who was actually screwing who.
We all knew, except for them. They had to Google what a tariff is.
And only did so after voting for the guy who was 50% running on them. Because apparently the oncoming train is only a threat if you know what it is...
All you need is the illusion of a switch stand to make people think they can change the tracks
Half of the American economy is just price gouging, financial f*ckery and data centers. To the real economy the US are at max half as important as the supposed second largest economy of China.
How dare you question an economy that generates zero value whatsoever?
Just wait until the AI bubble goes boom. Then there is nothing that can save them.
All them nukes and hot lead didn't manage to disarm some Vietnamese farmers.
Didn't stop the folk with towels on their heads hiding in caves and mud huts either.
A trillion dollars spent in Afghanistan disposing of the Taliban, to then pull out and hand it all over to...... the Taliban.
So much winning.
If the Netherlands stopped trading with the world the US and China might actually team up to invade.
whaat? whhy? cant be those EUV lithography machines and pharmaceutica that'd cause that, right?
/s
imagine the us liberating the netherlands to secure the global tulip supply lmao
Literally the most indebted country on the planet... By a pretty damn significant margin.
But the US is a strong stable democracy, so it makes sense that other countries use it as a reserve currency.
Unless the US does something stupid like putting a grifter in charge of the economy, who wants to manipulate markets to enrich himself, there is no problem. /s
Trump is burning down the house, to get warmer
China has something to say
Sooo, how's tourism doing lately in the US ?
Your economy is screwed.....
Imagine if the world did not have the American cryptocurrency and meme token markets… the would would be a better place.
Also Facebook and Twitter, hate machines.
What economy exactly?
isn't the dollar the international currency and the US highest gdp though? Or has trump somehow negated both?
I believe the USA may well be in the FO stage.
Awwww bless!
Misspelt 'drools on'.
They are 3rd in population and 11th in GDP per Capita according to the U.N. there's a disparity there that says a lot about their income equality.
You guys are arguing about GDP per Capita. It means nothing without bringing in income distribution to the discussion. This where the USA really fails.
I’m in no means defending the state of the US economy, but what does total population have to do with GDP per capita?
GDP per capita is GDP divided by population.
Right so the total population part is irrelevant because you already have the GDP per capita metric. 3rd highest population and 1st in GDP by a wide margin would make the opposite argument you’re trying to make.
Yeah I think income disparity metrics are a better way to go after the US. Being 11th in GDP per capita is actually pretty good. There are 200 countries. Coming in a 11th in a 200 person race is great.
The US I believe has the most income inequality for first world developed countries. And people with low skill jobs do not get any vacation time. These are better criticisms I think.
The population count provides context. Their large GDP only exists due to their large population.
That’s certainly part of it, but how many countries with a labor force of over 1M people are ahead of the US in GDP per capita?
Not for long...
Americans will find out soon enough that the whole world would be just fine without them.
Give Trump a few more months to completely crash the US economy.
How's Boeing doing?
Your economy is that good that the patrons in your restaurants are required to pay the wages of the staff through semi-mandatory tips on top of paying for the food/service.
Meaning: wage earners helping pittance earners out. Not exactly a sign of what I would call a strong economy, lol.