Re: People keep talking how weak dollar and how bad usa economy getting
Another example would be Iran, a country with a battle hardened economy that despite having experienced high inflation for many years (due to the record number of sanctions) still had a bigger GDP growth (4.7%) compared to US (0.9) and EU (1.
in the last quarter of 2022 according to the World Bank which is expected to reach 5.6% by the end of 2023. Add to that the biggest amount of energy (oil+gas+lithium), numerous industries (traditional and high tech), one of the most advanced militaries and literary the biggest military alliance spread across the globe and you got yourself another super power..
in the last quarter of 2022 according to the World Bank which is expected to reach 5.6% by the end of 2023. Add to that the biggest amount of energy (oil+gas+lithium), numerous industries (traditional and high tech), one of the most advanced militaries and literary the biggest military alliance spread across the globe and you got yourself another super power..Muahhahahahahah , Iran the supepower. Of course, propaganda numbers look great in fiction but let's look at what those values mean, even if they are fake.
So, Iran's GDP is $367 billion (same as Connecticut *24th state), so a 5.6% means a rise of 20 billion.
USA's GDP is $23.32 trillion so the tiny 0.9% actually means 200 billion, basically with a 1% growth the US is adding more wealth each year as half of Iran's entire GDP! Even if the USA would keep every year on growing only by 0.9%, which is actually 1.8% , let's go with propaganda numbers, and Iran will magically grow by 5% it will take, well, 120 years to reach the GDP of the USA. And oil will be less relevant a decade from now not a century.
China Reaches Peak Gasoline in Milestone for Electric Vehicles
https://www.bloomberg.com/news/newsletters/2023-08-29/china-reaches-peak-gasoline-in-milestone-for-electric-vehicles
Quote
Earlier this month, Chinese oil giant Sinopec made a surprise announcement that mostly flew under the radar. It’s now expecting gasoline demand in China to peak this year, two years earlier than its previous outlooks.
As for most advanced military...lol!
By flying 60 years olD F4 they bought from the US!
Concerning Iran; come on, you're attributing superpower status based on one economic quarter?
Of course, it's still growth! It doesn't matter that:
- The growth is because one sheep had three lambs instead of two
- Iran ranks 122th on GDP per capita, that is well below Botswana or Moldova!
/s