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by shiroiushi 557 days ago
Yeah, this really makes me think that America's soaring GDP is really just BS numbers, because a lot of the "productivity" that it reflects is just BS jobs that add negative value to society. I'm wondering if, at some point, there's going to be a big correction as the rest of the world realizes that it makes no sense to value the USD as highly as it is, since much of that "value" is in stuff like Americans selling each other overpriced houses (due to artificially constricted supply) and overpriced healthcare.