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Funny or just sad?
(lemmy.nz)
This comic is kinda old already, but still stays relevant.
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this post was submitted on 14 Sep 2026
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I don't think comparing by nominal GDP is nearly as effective as GDP adjusted to PPP. Russia is an industrialized economy with a low nominal GDP but higher GDP by PPP, whereas California has a high nominal GDP but is much lower by PPP.
Purchasing Power Parity if anyone else didnt know.
Correct.