Comment Comment by dogma1138 No one uses PPP for measuring growth, GDP PPP can increase whilst your economy contracts.PPP isn’t a good measure for population’s wealth or quality of life especially for developed economies either.The economy of the US is still twice that of the EU and its global purchasing power has also pretty much doubled. parent dogma1138 3 years ago
PPP isn’t a good measure for population’s wealth or quality of life especially for developed economies either.
The economy of the US is still twice that of the EU and its global purchasing power has also pretty much doubled.