Growth rate comments

Growth rate comments

In Table B of Appendix 4, annual real growth rates for fifty seven countries are shown. These are not all the countries in the world. It is mostly countries of Table A, those that could participate in the two European Groups, Western and Eastern. Nine more countries were included, USA, China, India, Japan, Korea, Australia, New Zealand, Taiwan, Iceland.

The last one is a small country that was not in Table A. Kosovo and Cyprus were excluded from Table B. Kosovo is not a country and Cyprus will not be a country in the future, after it will be annexed to Greece. Table B does not show how terrible economic growth is in EU. To realize how bad growth is in EU, we should give growth rates for 2024, according to IMF.

Caribbean 9,8%  South America 5,6%  South Asia 5,4%  North Africa 4,2%  Sub-Saharan Africa  3,3%  EU 0,7%

Western Europe has also 0,7% growth rate and the same is in Eurozone. Eastern Europe has 1,6% and Europe overall 1%. EU is an ECONOMIC GROWTH DISASTER. There is an excuse NWO-EU fanatics are using, another deception. They claim that it is an economically advanced area and should have lower growth rates than less developed areas. Growth rates in other developed countries are higher as shown in Table B of Appendix 4 and explained in previous article.

More countries were added to Table B so that there can be a comparison. Table A does not include per capita income (GDP) of these countries. A broader view can be obtained in Appendix 7, column 2 in Appendix 12 and column 2 of Table A in Appendix 13. There may be some differences with Table A of Appendix 4 because data are from different sources and for different years.

Another important counterargument to NWO-EU excuse for low growth rates in EU is that not all EU is equally developed. There are two Europes, Western and Eastern, not only historically, racially, culturally but mainly economically. This is one major problem and one major reason EU and Europe should be divided in two groups. EASTERN and WESTERN EUROPE are at DIFFERENT STAGES of ECONOMIC GROWTH.

They require DIFFERENT ECONOMIC POLICIES. They need to make DIFFERENT AGREEMENTS and establish DIFFERENT RELATIONS with USA (North American Group), China, India and other Groups. A policy that may be good for Western Europe may not be good for Eastern and vice versa. An Agreement that may be good for Western Europe may not be good for Eastern and vice versa.

We should point out that growth rates are for GDP. Per capita income (GDP) growth rates, for many years, were not available or not easily accessible in the internet. Data should be for many years. Growth rate for one year does not show much because there can be considerable variation from year to year. To demonstrate that, we chose two countries randomly, one in Eastern and one in Western Europe. GDP growth rates are for the period 2013-2023.

Romania  0,270  4,121  3,160  2,858  8,197  6,029  3,853  −3,677  5,709  4,595  2,110

Sweden  1,188  2,658  4,489  2,071  2,568  1,950  1,986  −2,170  6,147  2,663  −0,196

Romania's growth rates range from −3,677% to 8,197%. Sweden's growth rates range from −0,196% to 6,147%. In 2020, most counties had a considerable drop in their GDP due to the Covid-19 lock down. In the following year, they were able to reach previous levels. Nevertheless, they may be a very small decrease in the average annual growth rate for the whole period (2013-2023) caused by the lockdown. VARIATION in GROWTH RATES of REGIONS is MUCH SMALLER.

GDP growth rates are affected by a) per capita income (GDP) growth rates b) population growth rates. World's average annual population growth rate has been around 1% during 2010 - 2020 period. In Table C of Appendix 4, are average annual population growth rates for 2015 - 2020 of the countries in Table B. Since we do not have the numbers for the period 2013 - 2023, we will use those.

Per capita income (GDP) growth rates are approximately (not exactly) GDP growth rates minus population growth rates. In Table D of Appendix 4 are per capita income (GDP) growth rates. These are not the actual ones but an estimation based on the assumption that average annual population growth rates during the period 2013 - 2023 are equal to those of period 2015 - 2020.

For countries that had positive population annual growth rates, per capita income (GDP) growth rates becomes smaller. For countries that had negative annual population growth rates, per capita income (GDP) growth rates becomes bigger. For most of the countries, the ranking in Table B does not change much in Table D. By checking both Tables we reach similar conclusions.

Finland, Austria, Italy, Greece are not doing well in terms of growth. First three could participate in Eastern European Group which is expected to have much higher growth rates than Western European. Participation is possible due to their geographic location and racial mix. Finland and Austria are closer racially to Eastern Europe. As it has been explained, Italy is not Celtic or Germanic country. It is the only Latin country in the world.

High growth rates should be the first goal of economic policy but there are other goals like low unemployment, low inflation, more even income distribution etc. Growth rate is the first indicator of successful economic policies but other economic measurements should also be examined. There are two main ways countries can cheat on economic growth, public debt and trade surplus.

Countries with large government debt create growth with borrowed money. Some level of debt is acceptable. Countries do not have to pay back the debt but must pay interest and the higher the debt the higher the interest gets. Countries with large trade surpluses are stealing GDP from their trading partners. They create growth by decreasing growth of other countries.

Germany and Ireland have been stealing growth from trading partners, they have 5,90% and 9,90% trade surpluses. Now it is pay back time. In Greece, pro-EU treasonous governments were cheating on growth by borrowing heavily. They were borrowing to hide the damage done by EU and Eurozone participation. Eventually debt became so high that it was impossible to make payments.

Top twenty countries with highest government debt as percentage of GDP are; Sudan 344.4, Japan 251.2, Singapore 175.2, Greece 159, Italy 136.9, Bahrain 126.7, Maldives121.1, United States 121, Laos 115.5, Cape Verde 112.2, France 111.6, Bhutan 111.4, Barbados 107.5, Spain 106.3, Belgium 105, Canada 104.7, United Kingdom 101.8, Dominica 98.7, Zimbabwe 98.5, Mozambique 96.9.

Western Europe's Big Four have been cheating on growth. Italy, France, UK were cheating by borrowing money and increasing government debt while Germany by stealing growth from trading partners. Greece and Italy are not doing well at all. Their growth is low and their debt is high. ITALY and GREECE should be among the BIGGEST SUPPORTERS of AntiNWO's plan.

Greece is even worse than Italy because it is much lower in terms of per capita income (Table A) and it should be much higher in terms of growth rate. To put it in a very simplified manner, the ranking of (per capita) growth rates should be the reverse of that in Table A of Appendix 4. Tajikistan, Kyrgyzstan, Uzbekistan, Ukraine, Moldova should be on the top of growth rates list and Denmark, Switzerland, Norway, Ireland, Luxembourg at the bottom.

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