3 ms·
> Total exports in terms of adjusted cost _has_ stagnated This doesn't seem to match what you'd get by multiplying their figures of inflation-adjusted GDP [1]
by Aunche 3y ago
> Total exports in terms of adjusted cost _has_ stagnated
This doesn't seem to match what you'd get by multiplying their figures of inflation-adjusted GDP [1] with their figures of exports as a percentage of GDP [2].
> Case-Shiller U.S. National Home Price NSA
Home prices aren't factored into in either GDP or inflation because they're considered an asset. You're right that the economy has stagnated since the pandemic, especially in America. My point is that it's absurd to suggest that the global economy hasn't grown in the past decade.
[1] https://ourworldindata.org/grapher/world-gdp-over-the-last-two-millennia?time=1900..2015 https://ourworldindata.org/grapher/world-gdp-over-the-last-t...
[2] https://ourworldindata.org/grapher/merchandise-exports-gdp-cepii?time=1981..latest&facet=none&country=~OWID_WRL https://ourworldindata.org/grapher/merchandise-exports-gdp-c...