Miscellaneous News

Abominable

Major
Registered Member
People in Germany panic buying in supermarkets.
The authorities claim people do not need to panic.
But I think people are smart to stock up in case there is a diesel shortage and distribution stalls.
It is not like Europe will run out of food with the sanctions. But food distribution might become harder.
People in Europe aren't realising how close to economic collapse they really are. In the UK, the government for the past few months had been increasing taxes to increase revenue. In one day they've reversed it with fuel duty cuts to try and reduce the cost of living.
The smart thing for China to do would be to replace these with export tariffs.
 

LesAdieux

Junior Member
Great Leader Modi should stay for 20 more years

"In 10 years as PM, Dr. MMS took India's GDP from $709 billion to $2.15 trillion, a 303% increase.

In the 8 years of Modi, the GDP has crawled from $2.15 trillion to $2.7 trillion, a 25% increase after tweaking the GDP benchmark and calculation method to show a higher GDP."

"Maintaining the same benchmarks and methods as 2014, India's GDP has fallen!"


India should carry out a comprehensive economic survey, then use the survey as the base for national accounting. when you don't have a reliable base, that's no point to rebase.

Indians love the PPP, because it makes their GDP look good. PPP tends to exaggerate the GDP for low income countries. in the early 2000s, China's gdp in PPP was knocked down 40% in one go by the IMF/World Bank.
 

FriedButter

Major
Registered Member
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Japan firm bans Russian gas, first to refuse shipment despite desperate need​


Reminds me of this when they tired to convince India to chop their 2 arms off by banning Russian energy.

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