jl115:

The reason I said GDP is the measure of all goods and services is because you seem to think having a larger retaile market is equivalent to have a larger GDP.... The fact is for most countries for example SA the retail market only contributes 12% to GDP.

Hence one country can have a larger retail market than another country yet still have a smaller GDP

The above is why I said you dont know anything on the subject

mtisTheQubit:

No man your economy is controlled by IMF...they tell you nice stuff but reality is diffreent...poverty is there...Am not bragging but i think you should let naijas in Ghana manage it..at least i know they are good in hustling...imf bailout countries which are not doing well...bailout is not a good word dude

samorobo:



What are you saying shma..we are talking about economic strength and dominance not standard of living as you are implying...
It is all about the power and economic dominance..and at this IS no they are no contender to the Chinese..

mtisTheQubit:


so kikuyu ladies were kidnapped coz of their beauty...
but you niggas sold yours coz of what??

anyway just30 stop with the weed, child prostitution is high in ghana..imf says so...it knows coz it controlls the colony

samorobo:


Lol you have been beaten and now you are grasping at straws.. Singapore has a higher hdi than US and China combined..tell Singapore is the giant....

Once again you are deflecting to welfare of the citizens...stay focused and don't get distracted..

Acadavah:


So a person who is doing 10 haircuts in New York each for 5$ and the one in lima/China who is doing 30 haircuts for 1$ who is richer? The GDP nominal is called real GDP for a reason . GDP PPP is an imaginary figure, is like comparing two people who is richer by money which they don't have.

Just30:
maybe you need to be managed by IMF so that you can have a big economy like Ghana

My economy is fully controlled by Ghanaians
Your is controlled by Indians and Chinese.

Now go and work hard to grow your economy the real way and stop using Peter's money to pay Paul.

jl115:

GDP ppp has nothing to do with equity scales...its a term you just made up.

What GDP ppp really is the measurement of GDP by taking living costs, inflation and exchange rates into account. It basically puts to currencies at equilibrium(hence I said equality)...... It has nothing to do with equity scales

Also the productivity of an economy is measured using inputs such as labour, capital or other resources ..... In other words a ratio of GDP to hours worked......
It's not the GDP divided by the population..... That would be GDP per capita

mtisTheQubit:

what the freak sammy..is that what you call scamming...i need to update my definition of stuff..

mtisTheQubit:


an we know countries manipulating their currencies..like a certain west africa county...their currency used to be like Zimbabwean dollar but they stripped off the zeros..nice play Ghananians..

Acadavah:


At the end of the year a barbershop owner in New York who do 10 haircuts per day for 5$ will have high economy than a person in Lima/China who do 30 haircuts for 1$ per day. But if you take the PPP approach that means the Lima/Chinese person will have high economy than the New Yorker.

You can't take the service/good produced or offered in US and place in the same basket with Chinese one. You have to take into account that the quality of the service or goods are different.

Shma:
I will advice you to go decipher on the bailout issues before spewing nonsense ... You and Zimbabwe are playing the same league their

samorobo:


Lol...Even though Nigeria are known to have criminals tendencies every country in the world knows Nigeria are big spenders and serve well as a catalyst for economic growth , hence they want us even with the criminal and dubious trademark..

Kenya is largely considered a large global zoo filled with epitom-ic ugliness in all Spheres ranging from living to non living things

Just30:
i guess you dont know that the Cedi is the best performing currency in Africa on the interbank market today.

console yourself

Shma:
where is the link?

Just30:
you are making an argument that is already factored into PPP calculation

why do you think Chinese goods are able to enter US market ?
Do you think they dont meet the quality?


Now you want to compare service quality ?
Because, the quality of a service provided can vary even in the same country.

Acadavah:


The only thing that the PPP get right is the living cost of the People and the comparison of the GNI.

samorobo:


Forget scamming we no we are known for that and we do a pretty good job there...but when you talk of minds with global ideas and world class mindset , there is no better place to look for that in a black man than in Nigeria and west africa..the second largest airport in the U.k is singlehandedly owned by a Nigerian and he bought it when the airport was running losses in the hands of the UK govt and made it the second best in the entire country..that same man has one of the biggest architectural firms in new York and is among Donald Trump's economic team for the U.S..

Just30:
please don't confuse yourself

1.GDP is the measure of all goods and services traded, including debt.
PPP goes further to redefined those goods and services traded to remove currency manipulations so that two countries can be compared.

so everything that GDP measures can be constituted into the retail bracket including debt.

2.You cant have a larger GDP(PPP) without having a larger retail sector.

Dont forget the population factor. Demand and supply 101

That is why India has a larger retail sector than Germany though Germany has a larger formal retail sector than India.

jl115:

1. That's what I said :

"What GDP ppp really is the measurement of GDP by taking living costs, inflation and exchange rates into account. It basically puts to currencies at equilibrium(hence I said equality)...... It has nothing to do with equity scales"

2. How can you say you studied this sh1t yet you say this? A countries retail sector isnt the is all end all of its GDP..... South Africas retail sector only contributes 12% to gdp.... Finance, manufacturing and trade all have bigger contributions to gdp.

And yes obviously larger countries in general will have larger retail sectors but my argument wasn't India vs Germany it was South Africa vs Nigeria

Also you are confusing retail markets and consumer markets.

SUFFERInSMILIIN:


What what Nigeria is doing in its GDP it is not accurate they are counting Nigerians which have money outside the Country they are count Nigerians which have properties in other countries does it make sense if a Nigerian has a property in Kenya is it Nigeria GDP or Kenya GDP. That is where the huge confusion is coming from because they are about 20 million Nigerians abroad so they are adding this to the Nigerian GDP their wealth

Shma:
just Google Africa top destination. you will only see beauty on your top screen. South Africa,Tz and Kenya . nowhere in west is beautiful trust me, even your girls look like footballers ,.. look at how a real Nigerian looks like

samorobo:


The monkey who has allowed envy to cloud his mind wouldn't know that...

samorobo:


Forget scamming we no we are known for that and we do a pretty good job there...but when you talk of minds with global ideas and world class mindset , there is no better place to look for that in a black man than in Nigeria and west africa..the second largest airport in the U.k is singlehandedly owned by a Nigerian and he bought it when the airport was running losses in the hands of the UK govt and made it the second best in the entire country..that same man has one of the biggest architectural firms in new York and is among Donald Trump's economic team for the U.S..

Danielnino00:


Kenyans were recently voted the ugliest people in Africa... Everything Kenya is famous for is associated with ugliness especially those malnourished marathon runners of yours.
Stop posting Charly boy's picture here. If u are in love with him,contact him on his social media handles.

SUFFERInSMILIIN:


Mr off Topic if you look at it it is why Kenya is ahead of Nigeria in all aspects this is not a beauty contest please go and check out romance sector

TRUMP HAS SPOKEN AGAIN. JUST THE TRUTH*
"DONALD TRUMP'S SPEECH ON "RISE UP AFRICANS".

*They are good in nothing else but making noise, dancing, marrying many wives, alcoholism, witchcraft, indulging in sex, pretending in church, jealousy, fighting and complaining of bad leadership; but, yet refuse to take a decisive action and protest to remove the brigands from position of power.*

*Let us all accept the fact that the black man is a symbol of poverty, mental inferiority, laziness and emotional incompetence.To make the matter worse, he can do everything possible to defend his stupidity. Give them money for development and they will fight and create hatred and enmity for themselves. Drill oil wells for them and they will not have peace all the days of their life.*

*See, for instance, what's happening in Nigeria (a Country blessed with abundant resources), Southern Sudan, Malawi, DRC just to mention at few.*

*"This proves to anybody including a stupid fool that Africans do not know what they want. isn't that plausible"?*

*"They are like monkeys looking for already ripping banana all over the world!!!.*

*Therefore that the white man is created to rule the black man, Africans will always have day dreams.*

*And here is the creature (black man) that lacks foresight but only sees what is near him and still fails to know what to do"*

*A black man is stupid to the extent that he cannot plan for his life beyond a year. Therefore how can they develop and live longer.*

*"Corruption in the west (And China) is a big abomination, but in Africa, it's so huge that it is slowly becoming an acceptable way of life!!!.*(Shame, isn't it?)

*They sing and rejoice to their corrupt political leaders.They worship their scandal-ridden religious leaders like their gods. Lest you forget, these so called Africans are praising, dancing and praying for the people that have impoverished them,and who comes to hide their loot here.*

*Then which fool argues that the black man is not born a beggar, grows a beggar, looks a beggar, falls sick as a beggar and dies a beggar. this has been proven beyond reasoning.*

*I wonder why even up to now most Africans still go to school by force, and those who are at school are are just drug addicts who don't know what took them there. This is a pregnant stupidity in Africa. The body of Africans is a very fertile ground for all diseases in the world because they don't fear even HIV/AIDS.*

*This leaves me with a question: Are our eyes created the same with those Africans? I hear there are still cultures in Africa that prohibit them from using latrines which is very annoying.*

*"They cried for independence but have failed to rule themselves". For sure being African is a very untreatable disease that even prayers are not enough.*

*They have minerals but they cannot do anything with it. Therefore let us (whites) go to Africa and pick what we can pick and leave what is of no use. Poverty is a disease to the whites, but to the blacks it is very normal.*

*"Look at what is currently going on in Nigeria National Assembly. Legislators amending the constitution to favor themselves at the expense of two (200) million Nigerians.

*"Majority of these legislators are treasury looters who are intellectually barren but using the ill gotten wealth to oppress the citizens of that great country".*

*"What a shame"!*

*Black people with black sense. The worst tragedy in Africa is that if you dare stand up and speak up for what's right, you may end up regretting.*

*"The few wise and open-minded Africans who have tried to educate these fools about civilization have met the worst.They have been pushed hard on the wall, they have been silenced and others have been killed".*

*Before I finish, let me tell Africans that before you jump and call me a racist, an anti-blacks or whatever term you may wish to use against me,1st tackle runaway corruption, dreadful terrorism, tribalism, poverty, unemployment, diseases, illiteracy, ignorance, and inequality, that have put your whole continent on the verge of collapse".*

*"Hate me or love me, I don't care.I know this is the plain truth which will never see the light of the day to the cowards that are afraid to be told as it is".*

*By- Donald .J. Trump.*

#RISE#UP#AF

Danielnino00:


M0r0n. I replied the guy accordingly...
We are making comparisons in all aspects..


U are the only one here with no sense.. from ur grammar,to ur poor sense of reasoning...
We are talking about GDP and u are trying to say GDP is the same thing as foreign remittance.... Mumu.. even a primary 5 pupil can school u on what GDP means .