I don't understand how a country gets rich? like the US has 350 million people but is way richer than 1.4 billion China? Why? It just doesn't add up if you think about the scale and the resources etc
I don't understand how a country gets rich?
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI— Mental Videos (@MentalVids) March 15, 2023
wait till you learn about fiat currencies
yup, like gold it was never worth anything until recently in electronics in small amounts. But people just all agreed it wasnt worthless. Thankfully now we base currencies on the economic output and stability of nations something actually real.
>it was never worth anything
But it is and it was. You can buy things with it, retard.
The actual answer is gdp=Tourism. Of course his is a midwit board and will give idiotic objections to this.
Honestly, no matter how cancerous this shitpost is, it's still miles more bearable than haploautism, christ/muzziecucks and /misc/ bullshit
It is truly a unanswered discussion what causes tourism. The fact merely mentioning gdp = tourism is enough to kill the board is proof of its retardation.
Tourism is just how resources are transferred. Capitalism is zero sum so tourism is just libs scamming each other to obtain resources.
well done jidf
It's because no one can refute this schizo.
/pol/tourists and bunkertroons come up with contradicting copes and cry when they get b& for spamming.
GDP=tourism schizo just logs onto one of his 40 VPNs and makes pseuds kneel with a single unchanging shitpost.
Momentum. U.s is broke. U.s will be third world soon. The dynamic will shift, People from china Russia etc will be holidaying in u.s for cheap
IQ and economic freedom.
It is determined by how much a country wishes to use its resources. In theory, China has more resources, but they have previously been spent on ineffective activities such as communist propaganda or defeating sparrows. At the same time, wealthy countries invest in things that can make them money, such as bitcoin today or electricity in the past. It's not unlike when people are born with the same amount of work capacity, but some go into business and become wealthy, while others browse LULZ and fail. .
This is the most retarded explanation I've ever read
>wealthy countries invest in things that can make them money, such as bitcoin today
Of all the things with a good ROI you list a Ponzi scheme being discredited in real time
It's particularly funny because China hugely dominates crypto markets too.
>such as bitcoin today
money literally stops making sense once you get larger than a large town
it's all made up numbers
USA was built by creative, good natured, high IQ Anglo Saxons
It enjoyed a blessed land and it wasn’t afraid to labor and struggle for a common good.
The US hasn't been controlled by Anglo Saxons for well over a century now though
It's just productivity. Just because you have a lot of resources in labour or minerals doesnt mean you use them effectively. Even better exmaple of this is that Russias economy is smaller than italy's even though Russia is almost the most resource rich country
Also look up resource curse
>Even better exmaple of this is that Russias economy is smaller than italy's even though Russia is almost the most resource rich country
That's actually a flaw in gdp, not "productivity". Vietnam, iran, lots of low gdp countries have industrial bases much greater than the inflated gdps of countries like Switzerland or Denmark.
same thing with the congo. should by logical means be one of the richest countries in the world. but they arent.
Start by asking yourself, why does a (probably black) dish washer working at the Ritz in London earn 100x more than that same dish washer would earn at some cafeteria in an Africa town? You should be able to figure it out from there.
It's gdp=tourism obviously. The difference in purchasing power is really about tourism flows and things his is too dumb to understand.
Trade over a thousand miles besides ocean currents is physically impossible. You will disagree as you whine.
Nah, you've almost figured it out already.
Your problem is that you think it's only tourism affecting GDP, while tourism is merely the primary mean of wealth transfer for less developed countries, and a symptom of the enormous prestige and accumulated wealth for developed countries.
Why did you say something that obviously idiotic? Most rich countries are tourism. The rich countries are utterly worthless retards as well.
good job jidf
Quality of the people > quantity
China enslaved its people, they never modernized. Industrialization and capitalism grew out of long peace under monarchies. China was victim to wide sweeping empires, peasants were regularly raped and even eaten. This creates a population where the people put no effort into advancing their own lives because as soon as they tried they would be killed randomly. Predation of the lower classes is the direct reason why no other civilization measures up to Europeans
The less time and effort you spend getting your stuff to the place you can trade for other stuff, the more time and effort you have to either make more stuff or invest in infrastructure. Over lots of years + lots of people, this snowballs.
USA has a really good geography for moving stuff, with lots of navigable rivers, flat lands, and secure coastlines. It's also very stable and hasn't experienced mass destruction. China has two big rivers, kinda ok coastline, and an extremely destructive history