If every village has 1 cow and it takes 3 years to produce the first calf, how do you show growth in the meantime?
You steal cows from the neighbouring villages.
Therefore some villages have fantastic GDP growth.
So much so they start an IMF to lend stolen cows back to these unenlightened villages as long as they pay interest or cut wages or sell off more of their assets.
You steal cows from the neighbouring villages.
Therefore some villages have fantastic GDP growth.
So much so they start an IMF to lend stolen cows back to these unenlightened villages as long as they pay interest or cut wages or sell off more of their assets.
Google "Super Imperialism"