Taiwan plans to increase its defense budget to more than 3% of its GDP as it faces pressure from the U.S. and is threatened by China, which claims the island as its own. https://www.japantimes.co.jp/news/2025/08/22/asia-pacific/politics/taiwan-defense-budget-increase/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #taiwan #defense #gdp #us #china

The #EU just leapfrogged #China by #GDP.

We also have:
🗳️ Democracy & Fundamental Rights
💼 Strong #SocialRights and reasonable working hours
🧑‍⚕️ #UniversalHealthCare
🌿 Strongest environmental protection in the world.

🇪🇺 gets a lot of stick, but we compete with the world's biggest economies while protecting our people and the #environment, we should celebrate that more.

#EUpol

The #EU just leapfrogged #China by #GDP.

We also have:
🗳️ Democracy & Fundamental Rights
💼 Strong #SocialRights and reasonable working hours
🧑‍⚕️ #UniversalHealthCare
🌿 Strongest environmental protection in the world.

🇪🇺 gets a lot of stick, but we compete with the world's biggest economies while protecting our people and the #environment, we should celebrate that more.

#EUpol

China’s massive scale, education system and competitive local governance have enabled it to reach the technological frontier and dominate high-tech manufacturing. https://www.japantimes.co.jp/commentary/2025/08/19/world/demystifying-chinas-manufacturing/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #chineseeconomy #trade #manufacturing #gdp

Japan’s economy grew faster than expected in the three months to June, giving embattled Prime Minister Shigeru Ishiba some rare good news as he fends off calls to resign following July’s historic election setback. https://www.japantimes.co.jp/business/2025/08/15/economy/gdp-high-forecast/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #shigeruishiba #us #tariffs #gdp

Japan cut its growth forecast as U.S. tariffs and persistent inflation weigh on the economy, complicating the policy course of the Bank of Japan and adding to pressure on Prime Minister Shigeru Ishiba. https://www.japantimes.co.jp/business/2025/08/08/economy/growth-forecast-low/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #gdp #inflation #tariffs #us #donaldtrump

Tommi 🤯
Tommi 🤯 boosted

It's like that joke about economists and a pile of shit.

#joke#GDP

Two economists are walking in a forest when they come across a pile of shit.

The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit.

They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit.

Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing."

"That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"

It's like that joke about economists and a pile of shit.

#joke#GDP

Two economists are walking in a forest when they come across a pile of shit.

The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit.

They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit.

Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing."

"That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"

Economic Warning as More Than Half-Million People Could Leave US This Year

The U.S. could see hundreds of thousands leave the country this year thanks to President Donald Trump‘s immigration…
#NewsBeep#News#Economy#Business #businesses#Deportation#DonaldTrump#GDP#HPTopStories#Ice#Immigration #jobs#U.S.Economy #UK#UnitedKingdom
https://www.newsbeep.com/uk/9755/

Economic Warning as More Than Half-Million People Could Leave US This Year

The U.S. could see hundreds of thousands leave the country this year thanks to President Donald Trump‘s immigration…
#NewsBeep#News#Economy#Business #businesses#Deportation#DonaldTrump#GDP#HPTopStories#Ice#Immigration #jobs#U.S.Economy #UK#UnitedKingdom
https://www.newsbeep.com/uk/9755/

China’s economy shows signs of recovery despite structural challenges and imperfect GDP data, but its future growth and global impact hinge on trade relations with the U.S. and how economic progress is measured. https://www.japantimes.co.jp/commentary/2025/07/10/world/gdp-china-equation/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #gdp #chineseeconomy

The percentage of GDP spent on defense is a politically convenient but flawed metric that oversimplifies the complex realities of alliance management, differing national contributions and varying security needs. https://www.japantimes.co.jp/commentary/2025/07/02/japan/spending-on-defense-goals/?utm_medium=Social&utm_source=mastodon #commentary #japan #us #donaldtrump #sdf #defense #gdp