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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (79005)9/5/2011 2:27:15 AM
From: elmatador  Read Replies (2) | Respond to of 217827
 
klaser wrote me not to get angry with people who are wrong. So I am not angry. Ethnicity being established we now move to GDP composition. Any macroeconomic statement is not reality. It provides units of measurements for us to ask hard questions. Only new students of economics take macroeconomics as the truth.

Let's take GDP per capita. Or better PPP (PurchasePower Parity) GDP per capita so as to be more able to compare bananas with bananas.

I lived 9 years in Nigeria and I am Brazilian. Thus I am qualified to compare both economies.

Nigeria is like China. It has 1/10 of China population living on a tenth of China's area.

A single commodity exporter (all OPEC countries are single commodity exporters) cannot be compared with another much larger country that has a much diversified economy.

My city, Curitiba, has a GDP per capita compared to South Korea. The Brazilian Northeast is Brazil's Nigeria.

Given the size of the country and its economy, Brazil has 1/7 of China population living on an are almost as big as China. GDP per capita can't be used as a measure of comparison of the two countries.



To: Maurice Winn who wrote (79005)9/5/2011 2:30:10 AM
From: elmatador1 Recommendation  Respond to of 217827
 
"Brazil leading the world is totally off the planet?" Are you nuts! We just want to get rich beyond belief! :-)