Hacker News new | ask | show | jobs
by ajross 3975 days ago
Uh... The subject at hand is international trade. How exactly is PPP not literally the worst possible metric for comparing the economies?
1 comments

The subject at hand is whether a very large economy can produce certain goods. If we're measuring in goods, we should use PPP.
Tradable goods should be measured using trade data and GDP is a poor proxy. US GDP is 80% services. Manufacturing value adds in China has surpassed the US since 2013: https://www.mapi.net/china-solidifies-position-worlds-larges...