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Iranian Chill Thread

GDP is all bullcrap numbers which mean very little in reality. Pople should look into how GDP is calculated. ( it includes money lent into the economy, so if the government borrows money and spends it in the country, then the GDP goes up)
Trade balance, industrial output and foreign debt are much more informative.....

You do realize debt has been used to fuel economic growth in industrialized nations for a several decades now? You think China grew on liquid assets? Laughable

It makes plenty of economic sense for a government to borrow at X% if it can generate a return (economic output) greater than the rate it borrows.

This is basic economics, so no GDP is not “bull crap”, it shouldn’t be taken in vaccum and one year should be analyzed in relations to last 5 and 10 in order to confirm over arching trend. Furthermore, adjustments should be made when the country in question is experiencing hyper inflation relative to the benchmark currency (USD).

Nonetheless, it is a valuable benchmark of economic output around the world. But no indicator should be taken by itself with no other data. That is basic science and economics.
 
GDP is all bullcrap numbers which mean very little in reality. Pople should look into how GDP is calculated.
GDP is a major indicator for the size of a economy. It is one of many indicators illustrating the health of an economy. It is important.
( it includes money lent into the economy, so if the government borrows money and spends it in the country, then the GDP goes up)
Any you think this doesn't matter?
Trade balance, industrial output and foreign debt are much more informative.....
Yes they are, and how is trade balance, and output going for Iran right now? Not good.
 
You do realize debt has been used to fuel economic growth in industrialized nations for a several decades now? You think China grew on liquid assets? Laughable

It makes plenty of economic sense for a government to borrow at X% if it can generate a return (economic output) greater than the rate it borrows.

This is basic economics, so no GDP is not “bull crap”, it shouldn’t be taken in vaccum and one year should be analyzed in relations to last 5 and 10 in order to confirm over arching trend. Furthermore, adjustments should be made when the country in question is experiencing hyper inflation relative to the benchmark currency (USD).

Nonetheless, it is a valuable benchmark of economic output around the world. But no indicator should be taken by itself with no other data. That is basic science and economics.

No China did not get any major loan in 60s or 70s and China is the biggest loan giver of the world.

Power comes from within. Chinese worked harder and talked less.

GDP is derivative of your hard work, innovation, science and progress not the cause.
Loan is not the cause either.
 
No China did not get any major loan in 60s or 70s and China is the biggest loan giver of the world.

Power comes from within. Chinese worked harder and talked less.

GDP is derivative of your hard work, innovation, science and progress not the cause.
Loan is not the cause either.
Neither of you are wrong. But loans are helpful but if mismanaged very dangerous. China received immense investment from the west and worked very hard to get where they are today.
 


تنها چهار روز پس از بازگشت دلاور ازبک جلالت مآب سلطان ژنرال فیلد مارشال دوستم از ترکیه برای شکست طالبان مرکز فرماندهیش شهر شبرغان توسط طالبان سقوط کرد

حالا میتواند دوباره برگردد ترکیه​
پسر احمد ایشچی که دوستم تجاوز کرد به طرف طالبان رفت

برخی میگویند دوستم برای شکسته دادن طالبان لازم است

هم آنها و هم دوستم و دخترش نمی فمهند برای پیروزی میزان سیاسی داخلی باید متحد کنند

 
You do realize debt has been used to fuel economic growth in industrialized nations for a several decades now? You think China grew on liquid assets? Laughable

It makes plenty of economic sense for a government to borrow at X% if it can generate a return (economic output) greater than the rate it borrows.

This is basic economics, so no GDP is not “bull crap”, it shouldn’t be taken in vaccum and one year should be analyzed in relations to last 5 and 10 in order to confirm over arching trend. Furthermore, adjustments should be made when the country in question is experiencing hyper inflation relative to the benchmark currency (USD).

Nonetheless, it is a valuable benchmark of economic output around the world. But no indicator should be taken by itself with no other data. That is basic science and economics.

As someone who has studied economics, I maintain that GDP (or previous used GNP) are total bullcrap. They are misleading, and can be manipulated significantly. For example, if a person took out a big bank loan, they cant claim to be rich, but hugley in debt! People can argue that the money can be used to generate wealth.... but I dont know any western country that took on huge debt and invested it in wealth generating induestries...insted, like America, most of the debt goes to import foreign goods, and little if any goes to induestries or wealth generating infrastructure.
Other countries, such as India, fidle with their GDP to try to show a powerful economy. I remeber a few years ago, econoists were looking at diesel consumption in India to gague the healh of the economy rather thn the BS figures of the government, because diesle figures showed the energy usage of the country and can not be fideled.

So going back, you cannot compare Iran´s GDP to that of Turkey, and miss out on external debts of each country, because without the huge money borrowed from abroad, Turkey´s GDP simpley wouldnt be as big.
 
As someone who has studied economics, I maintain that GDP (or previous used GNP) are total bullcrap.

So going back, you cannot compare Iran´s GDP to that of Turkey, and miss out on external debts of each country, because without the huge money borrowed from abroad, Turkey´s GDP simpley wouldnt be as big.

As someone who has a degree in applicational economics, I disagree with your assertion. It’s not bull crap, but a valuable metric.

As for your Turkey example, who cares how it reached the point it is today. Wether from foreign investment or local investment, either way investment is needed.

You don’t see anyone saying “oh my god, if Amazon didn’t borrow hundred billion+ of dollars from the private sector it wouldn’t be Amazon it would be nothing.”

If Iran is going to reach the point Turkey is it will need upwards of 500B foreign investment now that can be direct loans or investment projects with profit sharing.
 
IRAN wins 3rd Olympic gold in controversial fashion. Saudi opponent, Tareg Hamedi, was disqualified after knocking out Iranian Karate player, Sajad Ganjzadeh, with an illegal kick.

 
IRAN wins 3rd Olympic gold in controversial fashion. Saudi opponent, Tareg Hamedi, was disqualified after knocking out Iranian Karate player, Sajad Ganjzadeh, with an illegal kick.


Since when are Saudi’s naturally black?:what:

Anyway, it’s a bad rule and will likely be the death of karate in Olympic sports. I don’t think it’s on the docket for next olympics in paris.
 
Now that Iran secured another victory in Olympics (first muslim nation in olympics 2021),,this is how People of a small town in Iran (Sanandaj) spend their long summer days (my father worked there in the late 60's..the winters are as bad as the winters in Canada!..)

A summer weekend in the beautiful Kurdish town of Sanandaj

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پسر احمد ایشچی که دوستم تجاوز کرد به طرف طالبان رفت

برخی میگویند دوستم برای شکسته دادن طالبان لازم است

هم آنها و هم دوستم و دخترش نمی فمهند برای پیروزی میزان سیاسی داخلی باید متحد کنند


جلالت مآب مارشال دوستم خیلی برای رتبه مارشالی تلاش کردند

ماشاءالله با وجود نفرات بیشتر و زرهی بهتر و حمایت ترکیه و بمب افکن های استراتژیک بی ۵۲ جنگ را باختند
پایتخت ازبک خود رو باختند

یونیفرم غنیمتی مارشالی جلالت مآب رو در تن سرباز طالب ببینید
پیرمرد رو مسخره اش کردند
مارشال مارشال میکردند سی سال

بی ۵۲ چه غلطی کرد حالا
کو صد کشته طالب در بمباران بی ۵۲
خبرسازی و پروپاگاندا برای احمق هاست
یاد پنجاه کشته ایران در حمله اسراییل به ابوکمال
افتادم که فقط احمقها باور کردند

کجاند اونها که مرتب می گفتند کسی بی نیروی هوایی برتر جنگی رو نبرده​

 
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As someone who has a degree in applicational economics, I disagree with your assertion. It’s not bull crap, but a valuable metric.

As for your Turkey example, who cares how it reached the point it is today. Wether from foreign investment or local investment, either way investment is needed.

You don’t see anyone saying “oh my god, if Amazon didn’t borrow hundred billion+ of dollars from the private sector it wouldn’t be Amazon it would be nothing.”

If Iran is going to reach the point Turkey is it will need upwards of 500B foreign investment now that can be direct loans or investment projects with profit sharing.

The reason why borrowing money to grow your economy really matters, as in the case of Turkey, is that when your local currency depreciates, you still have to repay the debt in a hard currency.... and as in the case of Turkey, most of their revenues dried up, you still have to pay back in dollars. Your investments go bankrupt, but the dollar debts remain...... thus why you can pretend to have a massive GDP, but at the end of the day, you really only have debts to show for it, with BS GDP data to show for all your crushing debts. Fake GDP figures don´t pay back real debts, as countries like Turkey have learnt the hard way.
 
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