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| | ::::::Thanks, Dianne3000. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 18:30, March 8, 2025 (EST) | | ::::::Thanks, Dianne3000. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 18:30, March 8, 2025 (EST) |
| | ::::::::Dianne3000, re: a stat above: In 2023, the USA was over 400% more productive in terms of labor productivity than China when measured using [https://www.investopedia.com/updates/purchasing-power-parity-ppp/ purchasing power parity (PPP)] [https://ilostat.ilo.org/topics/labour-productivity/][https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 19:20, March 8, 2025 (EST) | | ::::::::Dianne3000, re: a stat above: In 2023, the USA was over 400% more productive in terms of labor productivity than China when measured using [https://www.investopedia.com/updates/purchasing-power-parity-ppp/ purchasing power parity (PPP)] [https://ilostat.ilo.org/topics/labour-productivity/][https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 19:20, March 8, 2025 (EST) |
| − | ::::::::::An explanation of purchasing power parity from Investopedia: "Purchasing power parity (PPP) is a popular macroeconomic analysis metric used to compare economic productivity and standards of living between countries. | + | ::::::::::An explanation of purchasing power parity from Investopedia: "Purchasing power parity (PPP) is a popular macroeconomic analysis metric used to compare economic productivity and standards of living between countries. PPP involves an economic theory that compares different countries' currencies through a "basket of goods" approach. That is, PPP is the exchange rate at which one nation's currency would be converted into another to purchase the same and same amounts of a large group of products. According to this concept, two currencies are in equilibrium—their currencies are at par—when a basket of goods is priced the same in both countries, taking into account the exchange rates."[https://www.investopedia.com/updates/purchasing-power-parity-ppp/] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 19:37, March 8, 2025 (EST) |
| − | PPP involves an economic theory that compares different countries' currencies through a "basket of goods" approach. That is, PPP is the exchange rate at which one nation's currency would be converted into another to purchase the same and same amounts of a large group of products. According to this concept, two currencies are in equilibrium—their currencies are at par—when a basket of goods is priced the same in both countries, taking into account the exchange rates."[https://www.investopedia.com/updates/purchasing-power-parity-ppp/] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 19:37, March 8, 2025 (EST) | |
| | :::::::::Call it the [[Trump Effect]]. We need more [[war]] to export more useless expensive [[weapon]]s, and death to make America the foremost power for the foreseeable future. ''Ole Ole Ole'' | | :::::::::Call it the [[Trump Effect]]. We need more [[war]] to export more useless expensive [[weapon]]s, and death to make America the foremost power for the foreseeable future. ''Ole Ole Ole'' |
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