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New Study Shines Light — Literally —
On China´s And Russia´s Fake GDP Data

Investor´s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 5/17/2018 8:41:30 AM

GDP Fraud: Countries ruled by an authoritarian regime often cheat on their official GDP data, a new study shows. No surprise, really. But how do we know this? Well, it´s all about the light. What do we mean? A new working paper by Luis R. Martinez of the University of Chicago with the amusing title "How Much Should We Trust the Dictator´s GDP Estimates?" explores the unusual, but direct, link between the amount of light produced by an economy — as captured and measured through nighttime satellite photographs — and its GDP. The surprising result: Martinez concludes that economies in

      


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Reply 1 - Posted by: iowadad, 5/17/2018 10:04:37 AM     (No. 11634942)

The most powerful emitters of light are Ford car dealerships and baseball diamonds. So maybe China and Russia don´t have enough of them.

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Reply 2 - Posted by: toddh, 5/17/2018 10:45:35 AM     (No. 11634998)

Likewise, military spending by these nations is a secret, and what they say they spend is only a small fraction.

In this way, they help America´s traitors complain about how the United States spends a hundred times more on defense than the next eleventy nations combined.

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