NSG Senate General Discussion Thread (Former Lobby)

[Estva]

No, if you set a GDP per capita having more people increases the GDP not shrinks the GDP per capita.

Per capita=GDP/Population

Except if you have a set GDP per capita, then that is the set amount. Increasing the population would, as Nihil said, just increase the total GDP.

[Dragomerian Islands]

Per capita=GDP/Population

Except if you have a set GDP per capita, then that is the set amount. Increasing the population would, as Nihil said, just increase the total GDP.

True, but you can't have a very high GDP in a region full of poor countries.

[Estva]

Except if you have a set GDP per capita, then that is the set amount. Increasing the population would, as Nihil said, just increase the total GDP.

True, but you can't have a very high GDP in a region full of poor countries.

Yes, you can have a very high total GDP. You just can't have a very high GDP per capita.

[Dragomerian Islands]

True, but you can't have a very high GDP in a region full of poor countries.

Yes, you can have a very high total GDP. You just can't have a very high GDP per capita.

Name me one rich nation in South America or Central America. There are none, they are very very poor (or they have extreme and wide-spread inequality).

[Estva]

Yes, you can have a very high total GDP. You just can't have a very high GDP per capita.

Name me one rich nation in South America or Central America. There are none, they are very very poor.

You can be a poor nation and have a high total GDP. India is extremely poor yet is in that scenario. GDP has to do with total industrial power not overall wealth.

[Dragomerian Islands]

Name me one rich nation in South America or Central America. There are none, they are very very poor.

You can be a poor nation and have a high total GDP. India is extremely poor yet is in that scenario. GDP has to do with total industrial power not overall wealth.

But we are not in Asia, are we?

[Parhe]

You can be a poor nation and have a high total GDP. India is extremely poor yet is in that scenario. GDP has to do with total industrial power not overall wealth.

But we are not in Asia, are we?

Brazil and Mexico are both poor but have large GDP's because of their large populations; USD 15,000 is larger than the GDP per Capita's of Mexico and Brazil in terms of Nominal and larger than Brazil's in PPP. According to some sources same for Mexico PPP.

[Estva]

You can be a poor nation and have a high total GDP. India is extremely poor yet is in that scenario. GDP has to do with total industrial power not overall wealth.

But we are not in Asia, are we?

Tell me what about the two continents make how economics work change.

[Dragomerian Islands]

But we are not in Asia, are we?

Brazil and Mexico are both poor but have large GDP's because of their large populations; USD 15,000 is larger than the GDP per Capita's of Mexico and Brazil in terms of Nominal and larger than Brazil's in PPP. According to some sources same for Mexico PPP.

They are still dirt poor and have ver very small relative GDPs.

[Dragomerian Islands]

But we are not in Asia, are we?

Tell me what about the two continents make how economics work change.

Simple, there are no rich nations south of the US-Mexico border. This means that having a rich nation in that group of poor nations is unrealistic.

[Estva]

Tell me what about the two continents make how economics work change.

Simple, there are no rich nations south of the US-Mexico border. This means that having a rich nation in that group of poor nations is unrealistic.

We're not talking about relative wealth. We are talking about total GDP. It doesn't matter how high your GDP is, if you GDP per capita is very low you qualify as poor.

[Dragomerian Islands]

Simple, there are no rich nations south of the US-Mexico border. This means that having a rich nation in that group of poor nations is unrealistic.

We're not talking about relative wealth. We are talking about total GDP. It doesn't matter how high your GDP is, if you GDP per capita is very low you qualify as poor.

Sure, I could have 600 trillion GDP, but if my currency has a miniscual exchange rate, that GDP mean nothing but empty numbers.

[Estva]

We're not talking about relative wealth. We are talking about total GDP. It doesn't matter how high your GDP is, if you GDP per capita is very low you qualify as poor.

Sure, I could have 600 trillion GDP, but if my currency has a miniscual exchange rate, that GDP mean nothing but empty numbers.

...

You know if we are deciding who is rich and who is poor on relative strength than Sweden is absolutely dirt poor compared to China?

[Kralta]

I thought GDP was typically measured in USD.

[Dragomerian Islands]

Sure, I could have 600 trillion GDP, but if my currency has a miniscual exchange rate, that GDP mean nothing but empty numbers.

...

You know if we are deciding who is rich and who is poor on relative strength than Sweden is absolutely dirt poor compared to China?

Wrong. Their exchange rate is the worst currency. In terms of Wealth, they are the poorest of the poor. Their Per capita is worth less than the data or paper that is is printed on.

[Estva]

...

You know if we are deciding who is rich and who is poor on relative strength than Sweden is absolutely dirt poor compared to China?

Wrong. Their exchange rate is the worst currency. In terms of Wealth, they are the poorest of the poor. Their Per capita is worth less than the data or paper that is is printed on.

No; not it isn't. Are you honestly saying that China's economy is weaker than Ireland's?

[New Bierstaat]

Tell me what about the two continents make how economics work change.

Simple, there are no rich nations south of the US-Mexico border. This means that having a rich nation in that group of poor nations is unrealistic.

Australia is offended at bring called a poor country.

[Dragomerian Islands]

I thought GDP was typically measured in USD.

The USD is used because it is the most stable. Also being that we are not going to be using USD in the RP, we would refer to GDP in our [insert name here]'s currency.

[Dragomerian Islands]

Simple, there are no rich nations south of the US-Mexico border. This means that having a rich nation in that group of poor nations is unrealistic.

Australia is offended at bring called a poor country.

I was referring to the western hemisphere nations. Australia is actually pretty well off.

[Dragomerian Islands]

Wrong. Their exchange rate is the worst currency. In terms of Wealth, they are the poorest of the poor. Their Per capita is worth less than the data or paper that is is printed on.

No; not it isn't. Are you honestly saying that China's economy is weaker than Ireland's?

Yes it is, in terms of economic strength.

[Estva]

No; not it isn't. Are you honestly saying that China's economy is weaker than Ireland's?

Yes it is, in terms of economic strength.

Well, I hope you aren't our finance minister.

[Kralta]

GDP is a troublesome measurement of prosperity anyway. Surely there is something better that we can use.

[Dragomerian Islands]

GDP is a troublesome measurement of prosperity anyway. Surely there is something better that we can use.

I do agree with that.

I just can't believe that people want Spanish empire level economic strength in a country that is in an area that is well known for having horrible economies.

[New Kvenland]

Hold on, why are we creating a country? An RP of some sort?

[Geilinor]

Yes, you can have a very high total GDP. You just can't have a very high GDP per capita.

Name me one rich nation in South America or Central America. There are none, they are very very poor (or they have extreme and wide-spread inequality).

Argentina and Chile count as "very very poor"? No, "very very poor" is Afghanistan or the Congo level.