T34_69 [none/use name]

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Joined 2 years ago
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Cake day: April 30th, 2024

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  • T34_69 [none/use name]tochatI hate that shit is plastic now
    ·
    1 month ago

    German engineering

    Looks inside engine bay oh look at that, it's a mess of decaying plastic and rubber hoses and seals, not meant to last longer than 150k miles, and each year that passes the car sounds more and more like a vacuum cleaner from all them little leaks





  • The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China further proposed that the 15th Five-Year Plan period should deliver decisive progress towards basically achieving socialist modernisation. This is not merely a qualitative aspiration; it also comes with firm quantitative requirements. One key benchmark is that per capita GDP should reach the level of moderately developed countries. Using 2025 figures, the entry threshold is roughly US$25,000 to US$26,000. China’s per capita GDP in 2024 was US$13,500. In other words, per capita GDP would need to roughly double over the next ten years to meet that benchmark.

    I thought that was an interesting choice to use per capita GDP not adjusted for PPP. Anyone know the rationale behind that decision? I checked with a quick search online and found a value of $27,104 for China's per capita GDP (PPP). I couldn't find an equivalent figure (i.e. adjusted for PPP) for the entry threshold of $25,000 to $26,000 quoted above. Isn't the non-adjusted number subjected to price fluctuations between currencies? I'm interested in learning what advantage the non-adjusted GDP gives over the adjusted one, in this case.

    https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=4E