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> and yet despite adding more and more countries it has continued to decline as a share of world GDP please refer to this https://en.m.wikipedia.org/wiki/Simp
by peoplefromibiza 4y ago
> and yet despite adding more and more countries it has continued to decline as a share of world GDP
please refer to this
https://en.m.wikipedia.org/wiki/Simpson%27s_paradox https://en.m.wikipedia.org/wiki/Simpson%27s_paradox
You don't understand how things works and so don't understand how much wrong you are.
It's like saying that when rape became a crime, rape crimes skyrocketed...
BUT, since you don't know how much you don't know, I'll leave you with this
USA global GDP share 1980: 25%
USA global GDP share 2021: 15%
China global GDP share 1980: 10%
China global GDP share 2021: 18.6%
China GDP per capita in 1980 was only 2% of that of USA, now it's >65%
- blibble 4y agoeven ignoring the trend: the unavoidable fact is that the EU's share of world GDP is significantly lower in 2022 than it was in 1980 unless the developing world stops developing, the EUs share of world GDP will continue to decline over the next century at which point it will not be able to export its legislation
- peoplefromibiza 4y ago
- blibble 4y ago
- peoplefromibiza 4y ago