Kuriyama wrote:What would an economic downtown look like in a democratic socialist nation without a stock market? In capitalist countries, we generally rely on the stock market as a barometer of economic health, so I'm having trouble finding a way to describe it without that as a reference point. Not to mention that in a democratic socialist nation, government programs and regulation should ideally be helping cushion the fall. That's not always the case in real life, of course, but again, I'm having trouble finding ways to describe the downturn in a way that makes it a major event. For reference, this needs to be large enough to swing the election away from the incumbent socialist party.
Unemployment figures, such as the percentage of people on government income assistance, the number of people with part time jobs looking for full time jobs, the number of people on nutritional/housing assistance. The stock market is overall a rather poor indicator of how well an economy is doing because it is fake money. 'Value' is often created based on emotions, hunches, and bets rather than tangible increases in production, productivity, employment, or the like. If you want a semi-simplistic pair of numbers go with the GDP and the HDI - Gross Domestic Product and Human Development Index. If your GDP is up and your HDI is down, your people are being run ragged at the expense of the wealthy. If your GDP and HDI are both up, things are good for the average person. If your GDP is going down and your HDI is down, then things are really bad. It is simplistic - so it depends on who is putting out the numbers. Remember that both sides will put out the numbers that best favor their desired results!