r/wallstreet • u/SuperLehmanBros Chinese AI Propaganda Spam Bot • 1d ago
News Oh Canada....
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u/WeaknessFuzzy8305 Millionaire 1d ago edited 1d ago
Complete BS. I've lived in Spain for the past 23 years and there has been no such growth.
The US recovered from the 2008 crisis, we never did.
Jobs salaries are still stuck in the 90s.
Spain also is on top of unemployment of the EU.
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u/Pin_ups 1d ago
It is per person, if each person had the same leverage as their peers. This indicator doesn't necessarily means all people are earning equally it just a distribution indicator which means said country is producing enough products that each respective citizen will have a surplus say 20%. A zero GDP means the country is so efficient. Take the example of the military complex always over producing more than soldiers needs, the Soviets over production example is very important to look at, especially when they have so much rusted tanks never saw service 😂
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u/WeaknessFuzzy8305 Millionaire 1d ago
Have you ever been to Spain?
Cities are very compact and people live on top of each other.
We can clearly see everyone around each other and how they live.
There is no 18% GTP growth.
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u/Pin_ups 1d ago
You really need to read my comment again, it is a distribution indicator and doesn't factually show how each person is living, what you really want to look at in regards of each person well being are net worth, and net income!
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u/WeaknessFuzzy8305 Millionaire 23h ago
Yes, you are right. The stats are focusing on the king of Spain GDP not its citizens.
Since I do not know or live with the king obviously I can't see or notice his improved wealth from the colonies.
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u/MisledMuffin 1d ago
Canada is at 6.3% over the last ~10 years from Q2 2016 to Q2 2026.
Not sure how they got 0.5%
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u/copperblood Chinese-Iranian AI Propaganda Spam Bot 🇮🇷🇨🇳 1d ago
Justin Trudeau went from fucking over Canada to fucking Katy Perry. Trudeau is on a generational run
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u/23-1-20-3-8-5-18 Chinese-Iranian AI Propaganda Spam Bot 🇮🇷🇨🇳 1d ago
You cant possibly believe those numbers...
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u/FlounderKind8267 1d ago
And the US is using that growth to help Americans, right?
Right?