>>2919723Right. And that leaves the cost-of-living crisis in America. You understand people in China live, basically, for free, in the vast majority of the nation, right?
Like I wrote in the comment above, when you use GDP you're just proving the US has more inflation and a massive cost-of-living crisis.
If you use Real GDP, then you're just proving murica has it's cost-of-living crisis.
PPP, Purchasing Power Parity, is what's used by economists to measure the relative economic power of 2 countries.
In PPP, China has been far ahead of the US for years now, and India is quickly closing the gap to supplant us as #2.
Pic rel is from the link blow. Nations by Purchasing Power Parity.
Murica has failed. Murica has collapsed. Murica has died.
>https://en.wikipedia.org/wiki/Purchasing_power_parity