Page 13 - The 40 Ch. Book by James Hong or 洪祥智

Chapter 4: Business and Economics:

4.1
High GDP does not mean that the national strength is strong.

GDP has nothing to do with production, but it is equivalent to

spending. The higher the cost, the higher the GDP. So I wrote a
formula GDP = (Cost of Living) (Population) GDP = (living

expenses) (population) Therefore, GDP has nothing to do with
national power.

In the case of a declining population, GDP should fall, not rise.

In addition, GDP can be used, borrowed Loans to adjust. The
higher the borrowing, the higher the GDP.

Therefore, the United States with the highest GDP is not

necessarily the strongest. The United States ranks first in GDP,
but not per capita GDP.

4.2
The unemployment rate is a false number.

The unemployment rate cannot be found.

Unemployment rate = Unemployed population / working
population. To calculate the labor force or unemployment rate,

ask people three questions. First, can you work? Second, do you
want to work? Third, do you have a job? It is difficult for

ordinary people to answer these three questions, so the labor
force, or unemployment rate, is difficult to calculate.

Besides, when did you ask the government, did you work? No