Bold of them to assume the decline will just a slow and steady one, and they won't have a massive crash out as the US actively start cannibalising them to keep themselves afloat.
9
☆ Yσɠƚԋσʂ ☆ - 3day
Exactly, not to mention that stealing Russian frozen assets and Nexperia from China is basically making Europe uninvestable.
7
DragonBallZinn [he/him, they/them] - 3day
Said it before, but I wish Europeans a very “realize you don’t have more benevolent porks.” Some of you are quasi-redeemable, let the spectre haunt you again before it’s too late!
Great article, but for some reason the website is hard to access. I had to go through a proxy. Would you mind posting this article in its own post over on grad? I'm sure more people would like to or could benefit from reading it.
5
☆ Yσɠƚԋσʂ ☆ - 3day
oh yeah sure thing
2
Runcible [none/use name] - 3day
Purchasing Power Parity for anyone (else) who didn't know
5
Damarcusart [he/him, comrade/them] - 3day
Power Point Presentation
4
Runcible [none/use name] - 3day
paycheck protection program is the overwhelmingly most common search result
2
lllIII000IIIlll @lemmy.ml - 3day
Splice and compare to tell the story you want to tell. Relentless decline? Bullshit.
This chart shows the EUs share of global GDP, and it's expected that this is declining. I See it as a positive, that GDP is less concentrated in the west. This is a logical consequence if we want to raise the floor on wealth globally. Developing countries grow rapidly, India at a rate of 6-8%, China 4-5%.
GDP In the EU continues to increase just about 1% annually, same in the UK.
Looking at the UKs share of global GDP we see a nearly identical trend.
4% in 1980
2,3% in 2020
2.28% in 2022
2.13% predicted for 2025
2% predicted for 2030
So how about the relentless decline of the UK, even though they can now regulate without the EU. Or the relentless decline of the US, where there is next to no regulation.
The story FT is spinning here is ANTI-EU, and we all know who is so eager to break up that ubion...
Edit: Previously assumed incorrectly that the FT was a US based magazine.
1
john_brown [comrade/them] - 3day
So how about the relentless decline of the US due to their failure to regulate
This graph isn't about the US, which is why the post isn't about the US. Don't worry, little Western brain, we also think the US is in decline.
7
lllIII000IIIlll @lemmy.ml - 3day
Thanks for your intelligent contribution. I was mistakenly under the impression FT was US based.
The data for the UK is the same as for the EU and the US. 4% share of global GDP in 1980, 2.4% in 2020 and after Brexit, and their freedom to regulate themselves, the decline continues.
The headline suggests that EU regulations are to blame for their numbers, which makes no sense and has a clear ambition.
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
1
john_brown [comrade/them] - 3day
What could it possibly matter where FT is based if they're publishing an article about a specific trend in a specific region?
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
You can thank China for the global reduction in poverty, without China poverty would be increasing globally.
5
lllIII000IIIlll @lemmy.ml - 3day
How could you possibly take three comparable regions with similar trends in data and then claim the actions of only one are to blame. Pick and choose, it's lazy and poor data analysis.
China is applying the same playbook as the western colonizers did over the past hundreds of years. It will end just the same. Lucky for you, you seem to benefit from it right now, your future generations will pay the price.
You can also thank the many ethnic minorities China is exploiting to broaden their influence. Totally different
1
john_brown [comrade/them] - 3day
China is applying the same playbook as the western colonizers did over the past hundreds of years.
The only response this merits is "lmao"
Lucky for you, you seem to benefit from it right now, your future generations will pay the price.
I live in the west, Sherlock Holmes
You can also thank the many ethnic minorities China is exploiting to broaden their influence.
Again, with contempt, "lmao"
4
Alaskaball [comrade/them, any] - 2day
China is applying the same playbook as the western colonizers did over the past hundreds of years.
If the same playbook from the century of humiliation was being used the PLN would be bombarding Dutch coastal cities when the Netherlands attempted to steal Chinese property.
Honestly that sounds more like an American thing to do
yogthos in europe
The gradual but relentless economic decline of Europe. Chart shows its share of global GDP PPP.
https://hexbear.net/api/v3/image_proxy?url=https%3A%2F%2Flemmygrad.ml%2Fpictrs%2Fimage%2F503a9fa9-ae3c-479a-89fc-1baf8f53ff67.pngcross-posted from: https://lemmygrad.ml/post/10064609
Bold of them to assume the decline will just a slow and steady one, and they won't have a massive crash out as the US actively start cannibalising them to keep themselves afloat.
Exactly, not to mention that stealing Russian frozen assets and Nexperia from China is basically making Europe uninvestable.
Said it before, but I wish Europeans a very “realize you don’t have more benevolent porks.” Some of you are quasi-redeemable, let the spectre haunt you again before it’s too late!
wonder what happened in 1991
I suspect this might have a lot to do with it http://www.hartford-hwp.com/archives/27c/046.html
Great article, but for some reason the website is hard to access. I had to go through a proxy. Would you mind posting this article in its own post over on grad? I'm sure more people would like to or could benefit from reading it.
oh yeah sure thing
Purchasing Power Parity for anyone (else) who didn't know
Power Point Presentation
paycheck protection program is the overwhelmingly most common search result
Splice and compare to tell the story you want to tell. Relentless decline? Bullshit.
This chart shows the EUs share of global GDP, and it's expected that this is declining. I See it as a positive, that GDP is less concentrated in the west. This is a logical consequence if we want to raise the floor on wealth globally. Developing countries grow rapidly, India at a rate of 6-8%, China 4-5%.
GDP In the EU continues to increase just about 1% annually, same in the UK.
Looking at the UKs share of global GDP we see a nearly identical trend.
4% in 1980
2,3% in 2020
2.28% in 2022
2.13% predicted for 2025
2% predicted for 2030
So how about the relentless decline of the UK, even though they can now regulate without the EU. Or the relentless decline of the US, where there is next to no regulation. The story FT is spinning here is ANTI-EU, and we all know who is so eager to break up that ubion...
Edit: Previously assumed incorrectly that the FT was a US based magazine.
This graph isn't about the US, which is why the post isn't about the US. Don't worry, little Western brain, we also think the US is in decline.
Thanks for your intelligent contribution. I was mistakenly under the impression FT was US based.
The data for the UK is the same as for the EU and the US. 4% share of global GDP in 1980, 2.4% in 2020 and after Brexit, and their freedom to regulate themselves, the decline continues.
The headline suggests that EU regulations are to blame for their numbers, which makes no sense and has a clear ambition.
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
What could it possibly matter where FT is based if they're publishing an article about a specific trend in a specific region?
You can thank China for the global reduction in poverty, without China poverty would be increasing globally.
How could you possibly take three comparable regions with similar trends in data and then claim the actions of only one are to blame. Pick and choose, it's lazy and poor data analysis.
China is applying the same playbook as the western colonizers did over the past hundreds of years. It will end just the same. Lucky for you, you seem to benefit from it right now, your future generations will pay the price. You can also thank the many ethnic minorities China is exploiting to broaden their influence. Totally different
The only response this merits is "lmao"
I live in the west, Sherlock Holmes
Again, with contempt, "lmao"
If the same playbook from the century of humiliation was being used the PLN would be bombarding Dutch coastal cities when the Netherlands attempted to steal Chinese property.
Honestly that sounds more like an American thing to do
The US does have that law regarding the Hague right? so there is such a future...
ⓘ This user is suspected of being a cat. Please report any suspicious behavior.
Can you please clarify what you mean by colonization in the context that you are using it?
🤣