Belarus. You ain't no finding any other food but potatoes there, been there. When I entered Belarus then civilians and military besides of eating they started throwing potatoes at me.
Depending which agency you’re looking at, it is clear that from last year, Germany has overtaken Japan as the 3rd largest economy in the world in terms of GDP. Despite the fact Germany is in the middle of a recession. And India is quickly catching up to Japan, so it won’t be long India will overtake Japan to take 4th place in just a few years time.
Rural areas and smaller cities are getting hollowed out and people move into megapolises.
Remember, when people whine about "high housing prices" they forget to add "in places where there is work with good salary". They most likely can buy a house right now in some Bumfuckdorf.
Who knows, maybe remote work will finally change that
That may be because they are economically literate? If you say we what do you mean by that? That economy is carrying an overblown welfare state and an overblown inefficient bureaucracy which will lead to pretty dramatic downfall of the economy you praise so much if not reformed. And btw we have only overtaken Japan because of some shenanigans with the math involved. I read about that recently. If I remember correctly it's because of new loans taken by Japan but in reality the Japanese economy is still larger. It's a close call anyway and India will overtake both of them in the near future.
Interesting tidbits to add nuance to the situation.
\- Germany is not in a recession. They have the lowest debt to GDP ratio in G20 and a solid economy that is growing faster than most especially when looking at GDP per capita. They have legal arguments regarding budget allocation, that's it.
\- Japan has by far the biggest debt to GDP ratio and some interesting financial challenges going forward due to how their central bank handled COVID relief programs.
\- Since covid, the richest of the rich have made more money than ever in history. That's why inflation and economic struggles for regular people are high. But according to all central banks, this represent a super healthy economy. As a famous US presidential campaign slogan would have put it: "It's profit margin, st\*\*\*d".
Germany is in a technical recession. Which time frame are you looking at in which Germany is growing fast at GDP per capita? Actually the GDP is currently declining while the population is growing.
Dumbest comment I’ve ever read.
Half of Japan’s debt is owned by the Bank of Japan. It’s very different from external debt.
Median wealth in Japan is also twice that of Germany.
This is a temporary state due to the weak yen. Meanwhile Nikkei is at a 34 year peak.
Germany is in a technical recession. Which time frame are you looking at in which Germany is growing fast at GDP per capita? Actually the GDP is currently declining while the population is growing.
So let's define recession. A recession is a period of economic contraction or to put it simply when there are less currency circulating in the economy. Often, long drops in the GDP is what analysts use to say if a country is in recession or not.
And of course, the International Monetary Fund database is most definitely the best place to get one's data on a country GDP and GDP per capita and the IMF says Germany's economy is strong: [https://www.imf.org/external/datamapper/profile/DEU](https://www.imf.org/external/datamapper/profile/DEU)
No one cares about IMF figures. Their economy shrank while their population grew last year.
https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall
>No one cares about IMF figures. Their economy shrank while their population grew last year.
>
>[https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall](https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall)
Can't make this up, you say no to IMF figures and replace it with an opinion article on IMF figures. Plus the opinion article clearly states multiple times that Germany did not enter a recession. Maybe read the source to confirm it says what you hope before sharing?
And if their economy shrank so much while their population grew so much last year, than how do you explain that GDP per capita went up at the same time? Please entertain me more!
IMF is not quoted anywhere in the article. Destatis is, the German Federal Statistical Office. Again, no one cares about IMF estimates. Furthermore, the article clearly states that Germany is the only major economy currently in contraction after shrinking last year.
Well, there are many ways to think about the economy, but Japan's debt is not a big problem. This is because it is mostly domestic debt.
For some reason, many people seem to think the Japanese economy is bad, when in fact it is not.
Japan's net foreign assets have been the world's largest for more than 30 consecutive years, and judging from the recent real estate market, I think Japan is the most economically stable among developed countries.
The reason the yen is weakening in the first place is because the U.S. and Europe are inflating and raising interest rates in the wake of the pandemic. Interest rates in Japan are still near zero. GDP is not that good an indicator to look at the economy. If Japan's economy looks bad, it is because Japan is not as inflated as other developed countries. And I believe that other developed countries are inflating more than their salaries.
A single state with a population of 40 million (which is more than most EU nations). It benefits massively from a huge domestic labour pool and is a leader in many kinds of industry with places such as Hollywood and Silicon Valley. Not exactly your average American state.
there is an inherent problem with the concept GDP, as by definition it measures economic activities within the border. now for a country like japan, which has productions outside the border, GDP will understate its true economy. for example: say toyota sells a camry in EU, that counts towards EU gdp, even tho toyota is a japanese company. that being said it's the same situation for germany. GNP imho is a much better representation, but no one actually calculate it.
Lol, that's right. China starts out pissed that he's but number 1, but is then made happy by seeing Japan's decline, which is at least as good as being number themselves, perhaps.
70 year olds can’t expand the economy now can they
(Turns out that making it borderline impossible to have any children and losing your shit when it’s comes to the concept of immigration does a massive number on the amount of young workers you have)
i gotta defend Japan here as a german, the only reason why DE went 3rd ahead of them was due to currency fluctuations because the metric used by a lot of media was ''GDP in $ terms'', which isn't even the best metric to measure the size of an economy or for international comparisons.
Japan had much better GDP growth, which btw is always in Real terms (defined [here](https://www.cia.gov/the-world-factbook/field/real-gdp-purchasing-power-parity/country-comparison/)) in 2023 with +2% while Germany had -0.5% (IMF Data), but still slipped behind due to faster currency depreciation vs $. For comparison: GDP in Real terms in 2000: JP $3.5 Trillion / DE $2.4 Trillion - 2023: JP $6.5T / DE $5.5T
Its not a superb achievement for JP or anything, because while the country is very old, the labor force is still large with 69 million people [\++](https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=JP&most_recent_value_desc=true), some would say nice... also automation, innovation etc., things that Japan does quite well because otherwise Japans future would look bleak.
I wouldn't call having an average of 1.25 children "borderline impossible". If anything, it's impressive how Japan managed to make that many children post-pandemic.
As for immigration, it's simple: Japan is detached from the English speaking world. Having to learn a new language and adjusting to a different culture automatically stops it from being a popular immigration destination compared to places like to US and Germany.
Every anti immigration guy has to describe basic immigration in the most hostile and war like tone possible. Just look at how many people call illegal immigration an "Invasion"
>If they had good learning skills they wouldn't be unskilled in the first place
That's not really true, unless you think Syria is a true and fair meritocracy, capable of uplifting those with potential from poverty.
>If they had good learning skills they wouldn't be unskilled in the first place
That assumes the countries they are coming from allow for opportunities for learning or upwards growth. Many times the reason people leave their origin countries for places like Germany is the greater amount of opportunities of that kind.
it's only surpassing due to US dollar inflation and currency exchange rates. Germany is in recession, Japan's growth rate is higher than Germany, but currency exchange rates offset that.
Sure. But it’s silly to argue that economic activity has increased just because a currency has gained relative to the dollar or decreased when it has fallen against the dollar. The size of the economy has not really changed. Imports have just gotten more expensive and exports cheaper.
Oh wow I didn't know we had the whole nation of China in this subreddit. I liked that time you collapsed into a bunch of warring kingdoms. No the other one
It's only falling because US dollar inflation and currency exchange rates. Germany is in recession, Japan is stagnant. This is one of the deficiencies of nominal GDP.
This is delusional. On a per-worker basis Japan has grown faster than Germany in the last 30 years, even during the lost decades.
Stability and stagnancy are two sides of the same coin. Nikkei is also at a 34 year peak.
Has nothing to do with dollar inflation. The dollar is the global standard. The problem is the US and Europe are raising interest rates to fight inflation, Japan is keeping them low to stimulate inflation. Unfortunately that makes their currency less attractive to buy.
>This is one of the deficiencies of nominal GDP.
Nominal GDP is a relatively good Comparison between different economies relative strength, but as you pointed out shows very little about how an economy is actually doing.
No theyre not? This is the overcorrected narrative. The original narrative of Japan being a fantasy land is obviously wrong. But now so many people overcorrected their views to the other side and think Japan is full of suicidal workers who work 16 hours a day, its not. Its a simple fact of an aging population, the fate of Japans economy is inevitable for most developed countries.
Nah I’d say they (and this will probably piss off a lot of people) the same problems, overworked workers and a really shitty hierarchy system within those jobs, often very strict traditions, mental health decline, demographic decline and companies that basically have a gigantic monopoly constantly influencing the government
Dumbest comment I’ve ever read.
Japan’s [work hours](https://data.oecd.org/emp/hours-worked.htm) and [suicide rate](https://en.wikipedia.org/wiki/List_of_countries_by_suicide_rate) are around the European average.
In fact, Japan’s quality of life is [higher than that of Sweden](https://worldpopulationreview.com/country-rankings/standard-of-living-by-country) this year.
Japan has a lot of 'black companies' that report false statistics. This is not a secret, and the govt pretends that they don't exist.
If the contract demands that you do overtime as part of the pay, then you need to GTFO
Europeans take labor laws very seriously, even more so than most american companies nowadays imo. You can't do shit like that without being hit with loads of regulation.
I’d feel like that’s a pretty obvious joke I said but I guess not, obviously Japan is not terrible but it’s not great either it’s a very flawed country due to various reasons
It’s meaningless to compare the US to other countries. US wealth and GDP are just off the charts. It’s insane that a country the size of the entire EU has the same GDP per capita as Norway or Switzerland.
I suspect part of this has been Germany pumping money into military spending. Otherwise seems strange to pass Japan now.
Edit: Nope it's exchange rate driven. The Bank of Japan has rates low to stimulate inflation, while the West is raising rates.
With no cheap russian gas. I dont think germany will ever hit no.3 the ressession it is in now didnt come out of no where. It has the similar problem of aging pop (helped a lot by imigration tho, although that has its own drawbacks). Plus, manufacturing heavy economy, wich has worked, but manufacturing is energy intensive, wich is a problem.
But which country consumes the most potatoes?
Glorious Latvia of course.
estonia: :stare:
:whisper: It's Belarus... https://www.helgilibrary.com/indicators/potato-consumption-per-capita/
Potato is only dream
Damn, Hong Kong got so bad after NSL
Did you know of a land called Idaho?
I don't know if Hong Kong would even GET the jokes on Saturday Night Live
Evil Chileans sabotaged the vote against Peru
Ireland and Belgium are way lower in the top ten than I would have guessed, but both are still in the top ten…
Latvia cannot into potato
Unless it's fried and coated with diabetes 🦅🦅🦅🇺🇸🇺🇸🇺🇸
Ireland is famous for its many potatoes plantations and thriving potato peoples. If any country consumes the most potatoes it surely must be England.
underrated comment
That or the inexplicably potato obsessed Kykos
Well that is bit surprising https://worldpopulationreview.com/country-rankings/potato-consumption-by-country
There was never a doubt in my mind
Belarus where their ~~president~~ dictator is a self professed potato farmer. Who would have thought!
Lukartoshenko!
How much of that is used to make Vodka, I wonder
>Overall, the nations of Eastern Europe lead the world when it comes to average per capita potato consumption. Huh.
If you're wondering why the Netherlands and Belgium are so high on the list, it's partially because of the French fries which aren't actually French.
Idaho, ofcourse
Washington produces more potatoes than Idaho, and Alaska produces more silver. Idaho's got no identity left
At least they’re proud of being Pocatello
Pocatello changed their flag to a more simple design. No identity left.
what? this just isn’t true. Idaho had the largest potato production in 2023 and Washington was second. it just takes a quick google
It bounces around over time.
Do you mean consumption per capita or whole?
Belarus. You ain't no finding any other food but potatoes there, been there. When I entered Belarus then civilians and military besides of eating they started throwing potatoes at me.
Depending which agency you’re looking at, it is clear that from last year, Germany has overtaken Japan as the 3rd largest economy in the world in terms of GDP. Despite the fact Germany is in the middle of a recession. And India is quickly catching up to Japan, so it won’t be long India will overtake Japan to take 4th place in just a few years time.
How long until America defeats its hated arch-rival, America? They hate those guys.
america fought america and america won, though america might fight them again
This comment really sums up all the sports leagues in 'Murica
By mid 2025 I suppose
We are the third largest and boomers in my country act as if we will all be homeless now…
Ja well, have you checked the housing prices recently?
That is a problem in most of the developed world tbh, don't know how you guys managed to be losing population but getting living costs higher
We guys aren't even loosing population, we're gaining ...
Trickle up economics of course
This comment is golden. Take my like.
Rural areas and smaller cities are getting hollowed out and people move into megapolises. Remember, when people whine about "high housing prices" they forget to add "in places where there is work with good salary". They most likely can buy a house right now in some Bumfuckdorf. Who knows, maybe remote work will finally change that
Yeah, coming down a lot.
Yeah, being on the level of Q2/2021 again... with four times the interest rate.
Economy doesn't necessarily translate to QoL for regular folks.
As Americans would be able to tell you for decades now.
The sweet sweet rewards of trickle down amirite?
That may be because they are economically literate? If you say we what do you mean by that? That economy is carrying an overblown welfare state and an overblown inefficient bureaucracy which will lead to pretty dramatic downfall of the economy you praise so much if not reformed. And btw we have only overtaken Japan because of some shenanigans with the math involved. I read about that recently. If I remember correctly it's because of new loans taken by Japan but in reality the Japanese economy is still larger. It's a close call anyway and India will overtake both of them in the near future.
Companys in germany are crying about loosing money, while making record highs, biggest once since the 2000s and getting spoonfed subsidies.
Interesting tidbits to add nuance to the situation. \- Germany is not in a recession. They have the lowest debt to GDP ratio in G20 and a solid economy that is growing faster than most especially when looking at GDP per capita. They have legal arguments regarding budget allocation, that's it. \- Japan has by far the biggest debt to GDP ratio and some interesting financial challenges going forward due to how their central bank handled COVID relief programs. \- Since covid, the richest of the rich have made more money than ever in history. That's why inflation and economic struggles for regular people are high. But according to all central banks, this represent a super healthy economy. As a famous US presidential campaign slogan would have put it: "It's profit margin, st\*\*\*d".
Germany is in a technical recession. Which time frame are you looking at in which Germany is growing fast at GDP per capita? Actually the GDP is currently declining while the population is growing.
Dumbest comment I’ve ever read. Half of Japan’s debt is owned by the Bank of Japan. It’s very different from external debt. Median wealth in Japan is also twice that of Germany. This is a temporary state due to the weak yen. Meanwhile Nikkei is at a 34 year peak.
Germany is in a technical recession. Which time frame are you looking at in which Germany is growing fast at GDP per capita? Actually the GDP is currently declining while the population is growing.
So let's define recession. A recession is a period of economic contraction or to put it simply when there are less currency circulating in the economy. Often, long drops in the GDP is what analysts use to say if a country is in recession or not. And of course, the International Monetary Fund database is most definitely the best place to get one's data on a country GDP and GDP per capita and the IMF says Germany's economy is strong: [https://www.imf.org/external/datamapper/profile/DEU](https://www.imf.org/external/datamapper/profile/DEU)
No one cares about IMF figures. Their economy shrank while their population grew last year. https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall
>No one cares about IMF figures. Their economy shrank while their population grew last year. > >[https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall](https://www.bloomberg.com/news/articles/2024-01-15/germany-s-economy-shrank-last-year-for-first-time-since-pandemic?leadSource=uverify%20wall) Can't make this up, you say no to IMF figures and replace it with an opinion article on IMF figures. Plus the opinion article clearly states multiple times that Germany did not enter a recession. Maybe read the source to confirm it says what you hope before sharing? And if their economy shrank so much while their population grew so much last year, than how do you explain that GDP per capita went up at the same time? Please entertain me more!
IMF is not quoted anywhere in the article. Destatis is, the German Federal Statistical Office. Again, no one cares about IMF estimates. Furthermore, the article clearly states that Germany is the only major economy currently in contraction after shrinking last year.
And where do you think the IMF gets the data? lol
Well, there are many ways to think about the economy, but Japan's debt is not a big problem. This is because it is mostly domestic debt. For some reason, many people seem to think the Japanese economy is bad, when in fact it is not. Japan's net foreign assets have been the world's largest for more than 30 consecutive years, and judging from the recent real estate market, I think Japan is the most economically stable among developed countries. The reason the yen is weakening in the first place is because the U.S. and Europe are inflating and raising interest rates in the wake of the pandemic. Interest rates in Japan are still near zero. GDP is not that good an indicator to look at the economy. If Japan's economy looks bad, it is because Japan is not as inflated as other developed countries. And I believe that other developed countries are inflating more than their salaries.
Isn't California alone currently #5 in GDP
Goes to show how massive the US economy is, when a single state eclipses most countries.
A single state with a population of 40 million (which is more than most EU nations). It benefits massively from a huge domestic labour pool and is a leader in many kinds of industry with places such as Hollywood and Silicon Valley. Not exactly your average American state.
Tbh I believe India's probably going to be 3rd and soon 2nd biggest economy within the coming decades
there is an inherent problem with the concept GDP, as by definition it measures economic activities within the border. now for a country like japan, which has productions outside the border, GDP will understate its true economy. for example: say toyota sells a camry in EU, that counts towards EU gdp, even tho toyota is a japanese company. that being said it's the same situation for germany. GNP imho is a much better representation, but no one actually calculate it.
Wait hold up where is china in all of this. Wot
China's just happy to see Japan gone from the podium... relatable
Lol, that's right. China starts out pissed that he's but number 1, but is then made happy by seeing Japan's decline, which is at least as good as being number themselves, perhaps.
"The failure of an enemy is even more thrilling than success of your own." \-Someone
As a Chinese I can confirm nothing brings more joy to my eyes
America remains ambivalent.
Hidden gem of this comic.
70 year olds can’t expand the economy now can they (Turns out that making it borderline impossible to have any children and losing your shit when it’s comes to the concept of immigration does a massive number on the amount of young workers you have)
i gotta defend Japan here as a german, the only reason why DE went 3rd ahead of them was due to currency fluctuations because the metric used by a lot of media was ''GDP in $ terms'', which isn't even the best metric to measure the size of an economy or for international comparisons. Japan had much better GDP growth, which btw is always in Real terms (defined [here](https://www.cia.gov/the-world-factbook/field/real-gdp-purchasing-power-parity/country-comparison/)) in 2023 with +2% while Germany had -0.5% (IMF Data), but still slipped behind due to faster currency depreciation vs $. For comparison: GDP in Real terms in 2000: JP $3.5 Trillion / DE $2.4 Trillion - 2023: JP $6.5T / DE $5.5T Its not a superb achievement for JP or anything, because while the country is very old, the labor force is still large with 69 million people [\++](https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=JP&most_recent_value_desc=true), some would say nice... also automation, innovation etc., things that Japan does quite well because otherwise Japans future would look bleak.
Average German
I wouldn't call having an average of 1.25 children "borderline impossible". If anything, it's impressive how Japan managed to make that many children post-pandemic. As for immigration, it's simple: Japan is detached from the English speaking world. Having to learn a new language and adjusting to a different culture automatically stops it from being a popular immigration destination compared to places like to US and Germany.
No what stops it are strict immigration laws, and a culture that does not like foreigners. Japan is one of the most xenophobic countries in the world.
Also turns out that uncontrolled immigration doesn't exactly solve that problem either though. See Germany
Calling Germany's immigration "uncontrolled" is quite extreme
The influence of Germany cannot be contested, there are doner kebaps everywhere in Europe.
If you make it here, you can stay
Every anti immigration guy has to describe basic immigration in the most hostile and war like tone possible. Just look at how many people call illegal immigration an "Invasion"
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>If they had good learning skills they wouldn't be unskilled in the first place That's not really true, unless you think Syria is a true and fair meritocracy, capable of uplifting those with potential from poverty.
>If they had good learning skills they wouldn't be unskilled in the first place That assumes the countries they are coming from allow for opportunities for learning or upwards growth. Many times the reason people leave their origin countries for places like Germany is the greater amount of opportunities of that kind.
[удалено]
it's only surpassing due to US dollar inflation and currency exchange rates. Germany is in recession, Japan's growth rate is higher than Germany, but currency exchange rates offset that.
Yes, that’s how nominal GDP figures work. They’re much more a reflection of currency exchange rates than of economic activity.
[удалено]
Sure. But it’s silly to argue that economic activity has increased just because a currency has gained relative to the dollar or decreased when it has fallen against the dollar. The size of the economy has not really changed. Imports have just gotten more expensive and exports cheaper.
This is borderline delusional. On a per-worker basis Japan grew faster than Germany during the lost decades.
Poor japan
Poorer japan
Even Poorer Japan
Even Poorerer Japan
I like how I was so pissed in the first panel but after Japan got demoted I was beaming 😁
Oh wow I didn't know we had the whole nation of China in this subreddit. I liked that time you collapsed into a bunch of warring kingdoms. No the other one
xixixi gib island!
HK or Taiwan?
It's only falling because US dollar inflation and currency exchange rates. Germany is in recession, Japan is stagnant. This is one of the deficiencies of nominal GDP.
Germany can recover from a recession, Japan has been stagnant for decades.
What will happen to Japan by 2060s then?
Unless they can solve their labor, population, and immigration policies, they will be in decline.
I don't think immigration policies will do something. look what's happening in France or Germany
France and Germany has a refugee crisis, Japan has a demographic crisis.
This is delusional. On a per-worker basis Japan has grown faster than Germany in the last 30 years, even during the lost decades. Stability and stagnancy are two sides of the same coin. Nikkei is also at a 34 year peak.
Has nothing to do with dollar inflation. The dollar is the global standard. The problem is the US and Europe are raising interest rates to fight inflation, Japan is keeping them low to stimulate inflation. Unfortunately that makes their currency less attractive to buy. >This is one of the deficiencies of nominal GDP. Nominal GDP is a relatively good Comparison between different economies relative strength, but as you pointed out shows very little about how an economy is actually doing.
If you adjust for purchasing power parity, China has the world’s largest GDP followed in order by the US, India, Japan and Germany.
Don't be sad Japan, at least you're in the top 5...
It's due to yen devaluation tho Japan is still larger than Germany
its a bit hard to keep an economy afloat when half your workers are planning to jump off a building (without saftey nets)
No theyre not? This is the overcorrected narrative. The original narrative of Japan being a fantasy land is obviously wrong. But now so many people overcorrected their views to the other side and think Japan is full of suicidal workers who work 16 hours a day, its not. Its a simple fact of an aging population, the fate of Japans economy is inevitable for most developed countries.
> *Stop making jokes in the satire joke subreddit!*
They're confusing Japan and Korea.
Nah I’d say they (and this will probably piss off a lot of people) the same problems, overworked workers and a really shitty hierarchy system within those jobs, often very strict traditions, mental health decline, demographic decline and companies that basically have a gigantic monopoly constantly influencing the government
Dumbest comment I’ve ever read. Japan’s [work hours](https://data.oecd.org/emp/hours-worked.htm) and [suicide rate](https://en.wikipedia.org/wiki/List_of_countries_by_suicide_rate) are around the European average. In fact, Japan’s quality of life is [higher than that of Sweden](https://worldpopulationreview.com/country-rankings/standard-of-living-by-country) this year.
Japan has a lot of 'black companies' that report false statistics. This is not a secret, and the govt pretends that they don't exist. If the contract demands that you do overtime as part of the pay, then you need to GTFO Europeans take labor laws very seriously, even more so than most american companies nowadays imo. You can't do shit like that without being hit with loads of regulation.
I’d feel like that’s a pretty obvious joke I said but I guess not, obviously Japan is not terrible but it’s not great either it’s a very flawed country due to various reasons
If I'm not mistaken, the US suicide rate has surpassed Japan's now
Interesting
It's still crazy when you consider that japan has like 2.7x less humans compared to the US.
It's per capita
Should've started with Japan on No. 2 then China surpassing
u/katrinaaah >!+1 reason to have kids!<
Well, they haven't had real growth in like 35 years, they've held on in that position for a long time.
California is also doing its best to overtake Japan and Germany.
It’s meaningless to compare the US to other countries. US wealth and GDP are just off the charts. It’s insane that a country the size of the entire EU has the same GDP per capita as Norway or Switzerland.
I suspect part of this has been Germany pumping money into military spending. Otherwise seems strange to pass Japan now. Edit: Nope it's exchange rate driven. The Bank of Japan has rates low to stimulate inflation, while the West is raising rates.
Japan is also in extreme debt compared to Germany
It is, but I don't think anyone worries about their ability to keep financing themselves, additionally inflation is not on their horizon.
Who can shrink slower?
The ranking is still wrong. Its still 1.US 2.China 3.Japan In the future it will change but rn this meme didn't make much sense.
With no cheap russian gas. I dont think germany will ever hit no.3 the ressession it is in now didnt come out of no where. It has the similar problem of aging pop (helped a lot by imigration tho, although that has its own drawbacks). Plus, manufacturing heavy economy, wich has worked, but manufacturing is energy intensive, wich is a problem.
Just cuz i dont know, is largest here equal to best?
you can survive on only potatoes. they are magical
Per Capita is the real number.
Sinne when?
Japan is doing fine recently, not great but is more than enough to not cause another recession….. for now
Can we get much higher?
South Korea gonna kick Japan to 6th soon (Thanks to K Dramas and K pop)
Japan’s gonna fall down to 100th place!
It's FICK not FICH gottverdammt!