Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020
by 082349872349872 on Thursday March 28, 2024 @07:31AM
(#39849847)
I liked a russian hacker's story of building an IR camera by repurposing an old scanner: at one point he tries to source a detector from China but is unable to order it because of (he says) US export rules; then he remembers he's from a country that builds its own air-to-air missiles, and finds a Russian supplier who sends him the part...
Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020
by thriftwy on Thursday March 28, 2024 @08:43AM
(#39850545)
I believe the rationale here is that if you can source some gadget from China, it's going to be ten times cheaper than any alternative, since there's an enormous stock of those there used to to make other gadgets, therefore low margins and high turnover.
So that's where you look first.
Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020
by cpursley on Thursday March 28, 2024 @07:35AM
(#39849888)
Yep, maybe GDP is not a great measure if one country can produce a box of cookies for $1 while another $4. Turns out physical output is important (bushels of wheat, pounds of steel, # of cars, etc).
Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020
by Gare on Thursday March 28, 2024 @09:11AM
(#39850883)
But if a $4 country can produce an advanced military gadget but $1 country cannot, then the $1 country has a problem.
That's why difference exists in the first place - because of power imbalance driven by different levels of technological progress.
Re:Treemap of World GDP by Purchasing Power Parity (PPP) 2020
by cpursley on Thursday March 28, 2024 @09:38AM
(#39851253)
As we're seeing now, it's an even bigger problem when a country produces an advanced military gadget for $1 and the other country can't match it in terms of production for even $50.
To take a example that is currently of interest, Russia's ability to manufacture weapons is far greater than that if a country with the same nominal GDP but is closer to its PPP GDP (plus the effects of being more self sufficient than most countries other than the big two).