Monday, October 29, 2018

019 World Top 10 GDP Countries-- Are they really producing so much product?


Mr. Donald Trump seems to be an always hungry person. What makes him so? He and his Nation are not destitutes. U.S.A. is No. 1 in the World, in terms of GDP (Gross Domestic Product). China is No. 2. There is a long gap between the No. 1 and No. 2. U.S.A. has a GDP of US$18.6 trillion, whereas China's GDP is only US$11.2 trillion. Japan (4.95tril) and Germany (3.48tril) have smaller GDPs and considering their geographical size, size of population, Germany's locational disadvatage, and Japan's proneness to frequent earthquakes, it is understandable. The No. 5 France and the No. 6 U.K., were past-colonial Powers, and they must have inherited enormous Colonial Wealth ransacked from their erstwhile Colonies. Both France and UK depend on export of Aircraft, particularly Fighter Aircraft, Weapon Systems to slow down their Economic Degeneration.

Why Mr. Donald Trump is angry with China?


Though China has a GDP of $11.2 trillion, and tops in Foreign Exchange Reserves, we should not forget that Chinese Corporates are controlled by Euro-American Multi Nationals. Though some top Chinese Politicians and Bureaucrats hold some chunks of Shareholdings in Euro-American Multinationals, such shares received by them either as bribes, or as genuine investments made by them, the Controlling Interests have not been parted with by the Euro American Multi Nationals.

Ques: What can be the cause for Trade Fiction between USA and China?


Ans: We have already seen that US and China are at loggerheads with both of them throwing challenges on the other, with Physical and Fiscal Controls on imports from the Other country. If Euro American Multinationals are creating Employment in China (of course, we can call it "Sweat Employment" running Sweat Shops, the Native and semi-Native Euro-American Multinationals operating in United States seem to be getting envious and nervous. But, we cannot ignore that American Natives are not ready for Sweat-shop Jobs at lower wages. High wages of preferred White Employees seems to have forced the Euro-American Multinationals open Sweat Shops in China. In the process, they might have undergone several hardships, especially those which are less adept in bribing and getting things done, with Chinese Bureaucracy and Politicians.

Ques: Now, apart from Aircraft and Weapon Exports, how UK and France are still able to retain their place in Top 10?


Ans: Both UK and France, run what are known as, "Tax Haven" countries like British Virgin Islands. Both the countries are flush with murky monies deposited by corrupt bureaucrats, business persons and politicians all over the world. They give shelter in London and Paris, to all sorts of Corrupt Billionaire persons who seek Residence in their countries. U.K. giving shelter to fugitives such as Vijay Mallya.

To continue adding / deleting / multiplying.