Nice. :07
idgod dot ph gang rise up
Only if you qualify it as a service worth $300T lol. But really though I don't think it can even be classified as a transfer payment since the IOU is worthless to the issuer.
The joke about economists asking each other to eat dogshit does increase GDP if you qualify eating dogshit as a service. It's why the inclusion of services in GDP is very questionable because of how difficult it is to measure.
Another example would be healthcare, in the US Healthcare is measured in GDP at price you pay for the final service so you get a bloated GDP. In other countries with universal Healthcare it's not directly measured and the sector itself is measured at factor cost (wages, equipment etc).
Yet another one, bank charges eg overdraft fees are included in GDP as a service even though it's closer to a direct tax than a service.
Only if you qualify it as a service worth $300T lol. But really though I don't think it can even be classified as a transfer payment since the IOU is worthless to the issuer.
The joke about economists asking each other to eat dogshit does increase GDP if you qualify eating dogshit as a service. It's why the inclusion of services in GDP is very questionable because of how difficult it is to measure.
Another example would be healthcare, in the US Healthcare is measured in GDP at price you pay for the final service so you get a bloated GDP. In other countries with universal Healthcare it's not directly measured and the sector itself is measured at factor cost (wages, equipment etc).
Yet another one, bank charges eg overdraft fees are included in GDP as a service even though it's closer to a direct tax than a service.
This is yet another form of debt, but that massive accumulation of pesos immediately becomes a ticking bomb
A future admin could freeze those pesos or prevent US Treasury from selling it for Dollars (i.e. capital controls), since its held at the BCRA (or through a BCRA authorized commercial bank). Or it could set its own exchange rate, like what Iceland did, which acts as a penalty.
In response, the U.S. could threaten sanctions. But still, when its your own currency you can freeze it.
from what i read its for raw earf metals
India has 30-40% unemployment for graduates, India's 'growth' rate is very cooked, it has a large informal sector and formal sector data is used to impute informal sector growth. Informal sector meanwhile has been destroyed by multiple self-inflicted and external shocks.
For India to grow:
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Domestic private sector must be willing to spend: It is refusing to do so, they are swimming in profits, all they can do is rent-seek using state resources.
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Foreign sector is unreliable, they can exploit India's resources, and they have that's how some of the decent growth occurred in the 2000s global bubble but it hasn't translated to employment.
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Government is unwilling to spend. I do believe that they legitimately believe in neoliberal propaganda of 'Government is a household'.
Some blame Modi but his Government only continued the neoliberal legacy, the neoliberal policies hit the limit in 2011 or so.
This site is pretty good: https://rupeindia.wordpress.com/2025/09/18/i-mountains-of-cash/
China is the only country with a large population that successfully industrialized and grew using the external sector growth strategy (and that too with the help of the state). All the other Asian tigers had smaller population and thus needed less foreign investments to develop.
Unlike the US which never does worse using financial tricks.
AirVPN is the major one with port forwarding, you can forward 5 ports both TCP and UDP.
While it's good, they still have to get the Yuan somehow.
Kenya imports $3B worth of goods from China and exports mere $200M to China. Meanwhile, it imports $737M from the U.S. and exports $780M to the U.S. Meanwhile, most of their capital inflows like FDI/FPI (which finances their trade/current deficits) comes from mainly Western countries.
They got German citizenship ffs. "Ethnic cleansing".