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AMD 214.87-0.1%Dec 23 3:59 PM EST
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From: Joe NYC12/23/2025 5:25:55 AM
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Interesting take on PPP (Purchasing Power Parity). Retards measure size of economy based on spot currency market exchange rates, and by that measure Western economies are artificially inflated.

PPP method normalizes the GDP measure to price parity exchange rate, from spot currency market exchange rate.

But apparently, the PPP method still does not sufficiently reflect the prices of goods and services. Overestimates the prices in China and as a result underestimates the size of Chinese economy.

Based on the revised numbers, China economy is now 2x the size of US economy. Arnaud (potentially cherry) picks the energy consumption as a proxy for the size of the economy, to corroborate this. And the top 5 in power consumption match the top 5 economies. A bit of a disconnect is Germany, which is considered to be #6 biggest economy, but is #10 by the energy consumption. (but that may be an ongoing process of German economic suicide).

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