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Russia-Ukraine war and resulting sanctions reveal something about global economy
- theandrewbailey 4y agohttps://threadreaderapp.com/thread/1549554660184231936.html https://threadreaderapp.com/thread/1549554660184231936.html
- variadix 4y agoI think GDP is flawed, but I don’t think limiting your metrics to a few important categories makes much sense either. It seems to me that wherever profit is generated, value is generated (in a limited sense), and that may serve as a more general metric for measuring a country’s economic output. Although it clearly doesn’t account for externalities.