Comments by "Persona" (@ArawnOfAnnwn) on "Is China Much Richer Than We Thought?" video.

@patrickt49 Bruh they're still growing at around 5%. That's far from being 'done developing'.
13
@hagalathekido Did you watch the video? They literally brought this up, and pointed out that the central govt. adjusts it down to account for that. And in general GDP is always an estimate. When these videos argue over whether China's GDP is bigger or smaller, they're always treating the figure in general as a lot more precise than it ever is. The line about the margin for error being wide enough to afford a fair lot of wiggle room is in the very nature of all GDP figures.
5
It's not necessarily manipulation. There's no need to ascribe malice here. GDP has always been an estimate. When these videos argue over whether China's GDP is bigger or smaller, they're treating the figure in general as a lot more precise than it ever is. The line about the margin for error being wide enough to afford a fair lot of wiggle room is in the very nature of all GDP figures.
3
@phillipchan6044 It's not useless. That was the whole point of the video - to show how many different alternate measures and studies there have been, with wildly differing results and flaws. YT is now inundated in videos hyping up one of those papers or the other, but in this vid we can see that there's a whole range of them and so we really can't be sure of any of their conclusions.
2
@hieronymusbutts7349 That's cos GDP has always been an estimate. When these videos argue over whether China's GDP is bigger or smaller, they're always treating the figure in general as a lot more precise than it ever is. The line about the margin for error being wide enough to afford a fair lot of wiggle room is in the very nature of all GDP figures.
2
That was the whole point of the video - to show how many different alternate measures and studies there have been, with wildly differing results and flaws. YT is now inundated in videos hyping up one of those papers or the other, but in this video we can see that there's a whole range of them and so we really can't be sure of any of their conclusions.
1
@wumaobot Name checks out lol! 😅
1
That was the whole point of the video - to show how many different alternate measures and studies there have been, with wildly differing results and flaws. YT is now inundated in videos hyping up one of those papers or the other, but in this video we can see that there's a whole range of them and so we really can't be sure of any of their conclusions.
1
'societal mindset has evolved'?! Bruh get down from the exalted pedestal you've placed yourself on. You aren't 'more evolved' than anyone, Mr. White Man's Burden / Manifest Destiny.
1
@huanghermann5207 Ironically people criticize China for being autocratic but here you're implying it acts democratic in needing to please its populace. Like do people not get the irony of attacking Mao for the deaths of millions of Chinese and yet the CCP remained in power, and then claiming they're so vulnerable that they need to inflate their GDP numbers just to maintain people's support? They've been through hell and still remained in power, so why would they need that?
1