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USSR GDP was a total lie like the foam missiles. On a totally centralized economy the statistics depend on the Government and of course, they are not real. Spe
by pipio21 10y ago
USSR GDP was a total lie like the foam missiles. On a totally centralized economy the statistics depend on the Government and of course, they are not real.
Specially under Stalin, nobody ever gave a bad number, because he would be murdered as incompetent,this fact led to consequences:
https://en.wikipedia.org/wiki/Holodomor https://en.wikipedia.org/wiki/Holodomor
The people in power in the US knew that was totally bogus, but the defense industry benefited immensely from this belief.
Look for Argentina recently(Kirchner) where people has gone to prison, their properties confiscated just for publicizing data that went against the official data by law.
Something similar happens in China today, and as centralization increases, in the Western world too. The data from central banks are becoming more and more "hocus pocus".
- MagnumOpus 10y agoDon't pin the Holodomor on timid statisticians and misunderstandings. It was deliberate, as is stated in the lede of the very article you link to: "actions such as rejection of outside aid, confiscation of all household foodstuffs, and restriction of population movement confer intent, defining the famine as genocide"