51 sats \ 3 replies \ @Undisciplined 31 May \ parent \ on: Chinese Manufacturing Sector Slips in May econ
Entire countries are odd units of comparison, though, when talking about total output.
China has 4x the population of the US, which means the average American's manufacturing output is more than double the average Chinese's.
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74 sats \ 2 replies \ @Coinsreporter 31 May
You're right but Chinese people only work or manufacture (output) for China, so the average won't matter.
If US has to catch up with Chinese manufacturing output, it has to double its population or double the manufacturing output.
Population is an asset to any country, China definitely has more of this asset.
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31 sats \ 1 reply \ @Undisciplined 31 May
I guess that’s a matter of perspective.
I don’t care about collectivist aggregates. I care about individual flourishing.
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21 sats \ 0 replies \ @Coinsreporter 31 May
I surrender!
Actually, I also believe in the same ideology.
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