It could actually be true in the sense that producing 1mil things for 1€ each or producing a single overpriced luxury version of the same thing for 2mil€ is a 1mil€ difference in the GDP.
But I’d argue the first is still a better economy than the second. But economists will only like the second one.
His source is he made it up.
Actually it has some factual basis. He’s wealthy, it would be bad for him, he thinks he’s the economy. He just has a big, selfish, ego.
It could actually be true in the sense that producing 1mil things for 1€ each or producing a single overpriced luxury version of the same thing for 2mil€ is a 1mil€ difference in the GDP.
But I’d argue the first is still a better economy than the second. But economists will only like the second one.
These people have the same revenue as a small country, so I can see where they’re coming from.
I still think we should use their bodies as fertilizer.
Source: “trust me, bro”