View single post by jk | ||||||||||
Posted: Sat Apr 18th, 2020 09:59 |
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jk
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chrisbet wrote:Define "viable" - sometimes something is worth saving even though its resultant value is much less than the cost of the thing. I agree. It is like the current economic fascination/fixation about GDP. The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time. ... GDP is a number that expresses the worth of the output of a country in local currency. There is also a significant thought that says "GDP is vanity, sustainability is reality!" Of course to current greedy capitalism and its followers this is heresy but this latest COVID-19 has demonstrated the fragility of globalism and the value of localism. Somewhere we need to find the balance.
____________________ Still learning after all these years! https://nikondslr.uk/gallery_view.php?user=2&folderid=none |
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