iohognbdfh t1_j35im5l wrote on January 6, 2023 at 4:16 AM

Reply to comment by ModsBannedMyMainAcc in [OC] Country’s GDP as a percentage of United States GDP between 1992 and 2022 by Porchie12

Quite frankly; yes I do. A country like China which is incredibly connected with the rest of the world couldn't manipulate data to that large an extent. We know how large their imports and exports are because we are on the other end of those trades. That's been the main driver of their growth these last 30 years. It's potentially more possible for them to lie about domestic consumption, but it's not like China is a closed society. You can travel there and see with your own eyes the progress they have made. You can see the new skyscrapers everywhere, you can ride the new subways and HSR lines, you can fly over the massive factories. People constantly trying to make up reasons not to believe the data are really just scared of the reality which is that the US is no longer the sole power in this world and we are likely entering a new Cold War.

PS: This is part of why travel is so important. Actually going other places and experiencing foreign cultures makes it a lot harder for politicians to lie to you.

Acrobatic-Event2721 t1_j37i99t wrote on January 6, 2023 at 4:05 PM

GDP isn’t just exports, it also factors in consumption, investment and government spending. I’m guessing that the consumption part is what is trailing behind in their analysis.

ModsBannedMyMainAcc t1_j35onjw wrote on January 6, 2023 at 5:10 AM

Yeh, I travel, 43 countries so far in my early 30s. Yeh I have been to China, please teach me how to "see" an annual gdp growth lol. No one is saying they are not growing, but they lie about by how much. You can found plenty of under-occupied development, empty ghost cities. Also China said I think 15 people died from covid last few weeks after the full re-opening, you believe that too? Lol so hilarious, yet you believe in Chinese politicians so easily.

goddbrother t1_j38iifb wrote on January 6, 2023 at 7:43 PM

The reality of any situation is complex and multifaceted, with many factors at play. For instance, when China calculates its quarterly GDP numbers, it uses the so-called production account, which prioritizes the value-add of each industry and brushes aside end demand. As such, local officials can worry less about what households spend.

It is impossible to fabricate the entire reality of a situation, as there are too many variables and nuances to consider. If official statements and the actual reality diverge too significantly, it becomes increasingly difficult to ignore the discrepancy. The reality of any situation is always larger and more complex than one person or group can fully understand or control, however, It is important to consider all available information and remain open-minded. To not do so, to reject everything, is leaving yourself just as blind as those who freely accept it all.