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Wealth of richest 400 Americans surges to $2.29 trillion

Discussion in 'The Americas' started by HMS Astute, Oct 16, 2014.

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  1. HMS Astute

    HMS Astute BANNED BANNED

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  2. HMS Astute

    HMS Astute BANNED BANNED

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    So America's top 400 richest people have bigger economy than the economy size of the entire India with over 1.2 billion people? That's ludicrous!
     
  3. TickTickIndian

    TickTickIndian BANNED BANNED

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    Rothschild who looted 900 cross-ocean sized ships filled with gold from India is the richest in America. Fortune 500 and Richest list are all printed by them to spread misinformation.

    Indian gold sitting in America is worth more than $600 trillion in gold value alone.
     
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  4. HMS Astute

    HMS Astute BANNED BANNED

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    And you don't find a way to take things back that used to belong to you, but just only whine? Have a gut!
     
  5. PatriotSniper

    PatriotSniper 2nd Lieutant FULL MEMBER

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    Are you completely daft or completely mad..? Indian economy by GDP (PPP) is $ 6.7 Trillion, China's is $ 16.8 Trillion.

    Which world are you in..? Dream/Real - most likely dream

    You proudly post this article - when in fact you dont realise you guys are spitting on your own faces & countries by posting this as you guys are showing you dont care about Gini
     
  6. tusharm

    tusharm Captain FULL MEMBER

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    UK also is behind these people in wealth. And they did rob a lot to countries in the past.
     
  7. HMS Astute

    HMS Astute BANNED BANNED

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    Oh boy, PPP is useless.


    Iconic flag of East India Company.

    [​IMG]
     
    Last edited: Oct 16, 2014
  8. PatriotSniper

    PatriotSniper 2nd Lieutant FULL MEMBER

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    The first person in my life I have ever heard say the above, why does the world have to deal which such people..?

    :facepalm:

    I can speak for India & state that North Korea, Iran are better countries that UK. Atleast they are not proud/guilty of certain ****
     
  9. Gessler

    Gessler BANNED BANNED

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    No. PPP is one of the two ways to calculate a country's economy, and definitely not a "useless" one.
    Without PPP-adjusted figures you will never know the quality of life & purchasing power in that country. All countries do not
    use USD as standard currency - a shirt in New York will cost you a lot more than a shirt in Shanghai.
     
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  10. HMS Astute

    HMS Astute BANNED BANNED

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    I've never heard of France being world's 8th largest economy, Indonesia being a bigger economy than the UK or India having a bigger economy than Japan. Do you pay in Indian currency when you buy Rafale or A380 jets from us? You must be from Mars, otherwise.
     
  11. PatriotSniper

    PatriotSniper 2nd Lieutant FULL MEMBER

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    Yes, but a slight correction - for quality of life we use HDI

    GDP doesn't even use Entrepreneurial Activity, if we include entrepreneurial activity our GDP growth will be much higher which will exceed all countries including China
     
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  12. PatriotSniper

    PatriotSniper 2nd Lieutant FULL MEMBER

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    What nonsense are you saying..? When you talk of size of economy you have to use PPP, when you talk of quality of economy we use Nominal

    Where are you from Uranus...?
     
  13. HMS Astute

    HMS Astute BANNED BANNED

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    PPP does not reflect the value of economic output in international trade.

    A guy with £100 in this pocket has smaller quantity of money than a guy with 1000 Indian Rupee in this pocket for sure. That's PPP.

    But, we all know which guy has more money and richer when their money is traded based on current exchange rate. That's nominal.
     
  14. PatriotSniper

    PatriotSniper 2nd Lieutant FULL MEMBER

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    UK is producing many Einsteins
     
  15. HMS Astute

    HMS Astute BANNED BANNED

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    Shoot.

    List of countries by Nobel laureates

    [​IMG]
     
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