Value – “The USA is the global leader based on GDP’. Who measures GDP?”
Ehmmm, everyone ???. Stating the obvious, it’s used by every country to
measure ecenomic activity and health of a country. Any country with a low
or stagnant GDC is a huge drawback to even be considered a superpower. I
feel I’m having to point out the bleedin obvious, but that’s what seemingly
I have to do. Any “superpower” must have the ability to maintain a dominant
military with Global reach. Thereby this requires immense and consistant
funding for the research, development and maintainance of high-tech weaponry,
land army, navy and oversees bases. Without a large GDP a nation simply cannot
fund these without ripping up it’s domestic econemy.
Ask yourself, what “Superpower” would have to release 150.000 prisoners
just so they had sufficient troops for the “meatgrinder”. Can you imagine
the USA or China having to do this.
America, GDP full value $30.62 Trillion
China, “” “” “” $19.4 Trillion
Germany “” “” “” $5.01 Trillion
I’ll miss out a few and drop down to Russia
9th place GDP full value $2.54 Trillion.
It’s not quite an even playing field.