#gdp — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gdp, aggregated by home.social.
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AARON PARNAS 5/28/26
FOX BUSINESS REPORTS DOWNGRADE IN GDP SLOWER ECONOMIC GROWTH -
https://www.europesays.com/iran/133884/ Revised U.S. GDP calculation to include effect of Iran war #ConsumerSpending #EconomicData #exports #GDP #GovernmentSpending #GrossDomesticProduct #Imports #Iran
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GDP Measures Agency. Less Agency, Less Liberty.
The Gross Domestic Product, GDP, of a country in a year is the sum of all financial transactions in that country during that year… Measured in the local currency converted in US Dollars (which is roughly equivalent to the EUro). GDP is simple, all too simple, and thus has come under heavy criticism since it exists (including from yours truly). However, GDP measures WORLD AGENCY, it’s therefore an excellent first approximation (especially as agency, also known as war in its strongest form, makes a noticeable return in the collective psyche). Ignoring GDP means ignoring liberty, not just prosperity. Let me explain.
In a country such as France the national association budget is 35 billion Euros, more than the budget for high education and research combined. Such an expense is mostly outside of GDP: the association typically helps, but does not sell, so they are not GDP producers. This may be one of the reasons why French GDP per capita used to be the same as in Switzerland fifty years ago, and is now half (there are also association budgets financed by regions and cities, on top of the 35 billions). The idea was to create a socialist society where everybody would help everybody.
In practice though this anti-GDP, anti-for profit economy, has just weakened France, preventing France from imposing her social, environmental or sovereign views on the rest of Europe. Now, increasingly, this starts to be understood in France (as it has been in Italy). As China has shown since Deng Xiaoping, the best way to do socialism is with a flourishing capitalist sector.
GDP is a measure of activity, in other words, agency, on a worldwide basis.Roughly, if a country has ten times the GDP, it can buy ten times more, sell ten times more and influence ten times more.
Until the full-blown invasion of Ukraine, Europe decided to outlaw or discourage many practices which were viewed as non virtuous from drilling for hydrocarbons (because that damages the environment) to state support for industrial champions (because that’s against free trade). Very high taxes against the middle class were supposed to redistribute income. The result was Putin’s invasion of Ukraine in 2014. When the Russian dictator saw that Europe was still keen to be increasingly impotent, he launched the march on Kyiv… In 2022. That finally woke up sleeping beauty Europe.
The result has been much less GDP growth in Europe than the USA or China and thus an ever greater dependency on both. Poverty has increased and now even the healthcare systems are becoming too expensive. Meanwhile Europe is desperate for capital and makes it so that plutocrats pay little tax.
In the last couple of years, Europe has started to understand the importance of GDP better than in the preceding two decades. Reasons? Trump, Biden, Putin. Putin showed raw power worked until it didn’t because Biden pursued Trump’s policy of giving weapons to Ukraine (which Obama did NOT do, to his eternal contrition…) Biden also showed that Trump’s MAGA policy made sense economically and through tariffs…. Obama had started it to some extent, financing Tesla and SpaceX because Musk was photogenic like him?… And launching the “Pivot to Asia”… But with Obama it was mostly words… When Biden extended Trump’s tariff policies against China, the EU partly followed… Hence the overtaking…The UK is not in the graph above, although it should be, and would add roughly 5 trillion dollars to it to the EU yellow line…
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Patrice Ayme
#Agency #China #Economy #EU #Finance #GDP #MAGA #MEGA #NATO #politics #Russia #Trump #Ukraine #USA -
https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
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https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
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https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
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https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
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https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
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Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
#NewsBeep #News #Economy #Business #GDP #Inflation #Oil #Russia #UK #Ukraineinvasion #UnitedKingdom
https://www.newsbeep.com/uk/602393/ -
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
#NewsBeep #News #Economy #Business #CA #Canada #GDP #inflation #oil #Russia #Ukraineinvasion
https://www.newsbeep.com/ca/691751/ -
https://www.europesays.com/uk/983027/ Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts #Business #Economy #GDP #Inflation #Oil #Russia #UK #UkraineInvasion #UnitedKingdom
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Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #GDP #Inflation #Oil #Russia #Ukraineinvasion
https://www.newsbeep.com/us/663283/ -
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #GDP #Inflation #Oil #Russia #Ukraineinvasion
https://www.newsbeep.com/us/663283/ -
https://www.europesays.com/ie/501171/ Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts #Business #Economy #Éire #GDP #IE #inflation #Ireland #Oil #Russia #UkraineInvasion
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Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
#Economy #GDP #Inflation #oil #Russia #ukraineinvasion
https://www.europesays.com/3014993/ -
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts https://www.byteseu.com/2050135/ #economy #GDP #Inflation #oil #Russia #UkraineInvasion
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🇹🇯 🇹🇯 🇹🇯
Tajikistan's remittances are worth nearly half the country’s GDP
#Data #DataViz #GDP #Economy #Economics #Tajikistan #CentralAsia #Asia
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🇹🇯 🇹🇯 🇹🇯
Tajikistan's remittances are worth nearly half the country’s GDP
#Data #DataViz #GDP #Economy #Economics #Tajikistan #CentralAsia #Asia
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🇹🇯 🇹🇯 🇹🇯
Tajikistan's remittances are worth nearly half the country’s GDP
#Data #DataViz #GDP #Economy #Economics #Tajikistan #CentralAsia #Asia
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🇹🇯 🇹🇯 🇹🇯
Tajikistan's remittances are worth nearly half the country’s GDP
#Data #DataViz #GDP #Economy #Economics #Tajikistan #CentralAsia #Asia
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🇹🇯 🇹🇯 🇹🇯
Tajikistan's remittances are worth nearly half the country’s GDP
#Data #DataViz #GDP #Economy #Economics #Tajikistan #CentralAsia #Asia
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U.S. Governor Signs Order to Protect Workers From AI Job Loss
Today’s ESG Updates U.S. Governor Signs AI Worker Protection Order: California Governor Newsom signed an executive order to…
#France #FR #Europe #EU #TotalEnergies #ai #California #EPH #Fossilfuels #GavinNewsom #gdp #Iran #Oil #U.S. #unemployment #wasteregulation
https://www.europesays.com/france/20752/ -
FYI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Electricity
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FYI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Electricity
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FYI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Electricity
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IMF Estimates Billions in Untapped Tax Revenue as Debt Costs Rise
The International Monetary Fund estimated that Cameroon’s tax revenues remained well below the country’s fiscal potential in 2024,…
#Economy #2024 #exemptions #GDP #IMF #InternationalMonetaryFund #reforms #Revenues #Tax #vat
https://www.europesays.com/3007529/ -
SERIOUSLY
American corruptocrats changed the #maths for a billion during the Gilded Age ―the one Mark Twain christened with a novel:
❝The Gilded Age… satirizes greed and political corruption in post-Civil War America…
https://en.wikipedia.org/wiki/The_Gilded_Age%3A_A_Tale_of_Today🗣 THE USA BILLION WAS BORN FROM CORRUPTION & GRAFT
downgrading from 10¹² to 10⁹ isn't maths. it’s politics.
if there are no USA billionaires, then how much is the USA #GDP exactly? is it really in the trillions?
stop normalizing the USA billion. /🧵
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Which European countries saw the fastest income growth in 2025?
Poland and Portugal saw the strongest real household income growth in Europe over the last two years.
Among major economies, Spain led the way.
#GDP #Salaries #HouseholdIncome #Europe #Poland #Portugal #Spain #Netherlands #Denmark #Greece #Economy
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Tolle Filmvorführung von SKEET, Gewinner des DGB-Filmpreises 2025. Im Filmpalast in Aschersleben hat die #GdP Sachsen-Anhalt in Zusammenarbeit mit der Fachhochschule Polizei den Film vor rund 200 Polizeianwärter*innen gezeigt. Der kanadische Spielfilm handelt von der Freundschaft eines Ex-Gefängnisinsassen mit einem Geflüchteten aus Syrien und ist ein Plädoyer für Menschlichkeit und Solidarität.
Alle Infos zum diesjährigen DGB-Filmpreis: https://niedersachsen-bremen-sachsenanhalt.dgb.de/mitmachen/dgb-filmpreis/?fbclid=IwY2xjawR6MRJleHRuA2FlbQIxMABicmlkETE1V1Y5Tjg0UkI5MFIyOEZMc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHpsctb_9NtH-HJWy4tvYsLO0tt8F4PMmx8zmMsbIT-vU4MxmPwVgrozSE2DY_aem_9Ke8_c-eCaPHAzzsD5wd6w
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ICYMI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Economy
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ICYMI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Economy
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ICYMI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households. https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Economy
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Japan's economy grew much faster than expected at the start of the year, supporting the case for further Bank of Japan interest-rate hikes. https://www.japantimes.co.jp/business/2026/05/19/economy/gdp-rise-first-quarter/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #economicindicators #boj #middleeast #inflation #gdp #iran
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@DoomsdaysCW No, I don't think it is. Cleaning up our litter is. Nature herself can repair much, if not all, of the damage we've caused. What we need is not so-called "green" tech, but LESS tech, fewer #people & a very much lower global #GDP. I (ecological impact) = P (population) x A (affluence) x T (polluting technology) = Y (global GDP) x T. A = global GDP per capita. I'm well aware it's not equitably distributed. It should be, but it's not.
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https://www.europesays.com/hu/103121/ Európa növekedési bajnokai mutatják Magyar Péternek, mit csináljon a gazdaságpolitikában másképp, mint Orbán Viktor #EU #Európa #Europe #gazdaság #gdp #GDPNövekedés #horvátország #Hungarian #írország #Lengyelország #Magyar #Magyarország #málta
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🇬🇧 🇬🇧 🇬🇧
Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP
#Inequality #GDP #Billionaires #Economy #Economics #Poverty #UK #UnitedKingdom #Britain
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🇬🇧 🇬🇧 🇬🇧
Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP
#Inequality #GDP #Billionaires #Economy #Economics #Poverty #UK #UnitedKingdom #Britain
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🇬🇧 🇬🇧 🇬🇧
Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP
#Inequality #GDP #Billionaires #Economy #Economics #Poverty #UK #UnitedKingdom #Britain
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🇬🇧 🇬🇧 🇬🇧
Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP
#Inequality #GDP #Billionaires #Economy #Economics #Poverty #UK #UnitedKingdom #Britain
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🇬🇧 🇬🇧 🇬🇧
Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP
#Inequality #GDP #Billionaires #Economy #Economics #Poverty #UK #UnitedKingdom #Britain
