GDP per country over time




There are a few vids like this, and the first one i saw suggested the whole purpose was to keep GDP high. Present populations of these places consist almost entirely of Construction workers and maintaneance staff.
 
The central bank have ultra low rates and buy shares in companies keeping unsustainable corporates just about alive. Population is ageing rapidly.
Oh so they actually should be a lot lower if it wasn't for the central bank propping up certain companies.

I suppose bearing in mind the size of their population it's not terrible.
 
Oh so they actually should be a lot lower if it wasn't for the central bank propping up certain companies.

I suppose bearing in mind the size of their population it's not terrible.

Propping up failing companies might save you some short term pain, but it will leave you much worse off in the long run.

These zombie companies devour resources that would go elsewhere if they were allowed to fail.

The whole point of capitalism and free markets it that capital goes where the demand is, and to those who can meet than demand better than anyone else. That's human as well as financial capital. And if government and central banks prop up companies that would otherwise fail, it stops that process from happening. It stops capital moving where it could be employed most efficiently.

Think of it as central bankers propping up farms that still use a horse and cart after others have switched to tractors.

Of course in the short term there is a lot of disruption as people who used to work in the fields and looking after the horses and so on lose their jobs, but in the long term we are much better off having made the switch to tractors.

Intervention stops that happening.
 
Propping up failing companies might save you some short term pain, but it will leave you much worse off in the long run.

These zombie companies devour resources that would go elsewhere if they were allowed to fail.

The whole point of capitalism and free markets it that capital goes where the demand is, and to those who can meet than demand better than anyone else. That's human as well as financial capital. And if government and central banks prop up companies that would otherwise fail, it stops that process from happening. It stops capital moving where it could be employed most efficiently.

Think of it as central bankers propping up farms that still use a horse and cart after others have switched to tractors.

Of course in the short term there is a lot of disruption as people who used to work in the fields and looking after the horses and so on lose their jobs, but in the long term we are much better off having made the switch to tractors.

Intervention stops that happening.
now if you could relate this somewhere closer to home....
 
Propping up failing companies might save you some short term pain, but it will leave you much worse off in the long run.

These zombie companies devour resources that would go elsewhere if they were allowed to fail.

The whole point of capitalism and free markets it that capital goes where the demand is, and to those who can meet than demand better than anyone else. That's human as well as financial capital. And if government and central banks prop up companies that would otherwise fail, it stops that process from happening. It stops capital moving where it could be employed most efficiently.

Think of it as central bankers propping up farms that still use a horse and cart after others have switched to tractors.

Of course in the short term there is a lot of disruption as people who used to work in the fields and looking after the horses and so on lose their jobs, but in the long term we are much better off having made the switch to tractors.

Intervention stops that happening.
Don't let the communists on the board see you posting that..... :lol:
 

There are a few vids like this, and the first one i saw suggested the whole purpose was to keep GDP high. Present populations of these places consist almost entirely of Construction workers and maintaneance staff.

The GDP is an issue for sure but there are hundreds of millions of people in China still living a subsistence lifestyle and these properties are allegedly for these people and their offspring when they move to cities. The big difference in China is that as there are no elections the government have 5,10,25 and 50 year plans and aren’t in a real hurry for thing to happen
 
Propping up failing companies might save you some short term pain, but it will leave you much worse off in the long run.

These zombie companies devour resources that would go elsewhere if they were allowed to fail.

The whole point of capitalism and free markets it that capital goes where the demand is, and to those who can meet than demand better than anyone else. That's human as well as financial capital. And if government and central banks prop up companies that would otherwise fail, it stops that process from happening. It stops capital moving where it could be employed most efficiently.

Think of it as central bankers propping up farms that still use a horse and cart after others have switched to tractors.

Of course in the short term there is a lot of disruption as people who used to work in the fields and looking after the horses and so on lose their jobs, but in the long term we are much better off having made the switch to tractors.

Intervention stops that happening.
Why is the switch to tractors much better in the long term?
 

Back
Top