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*JAPAN 4Q BUSINESS SPENDING -3.7% Q/Q; EST. -1.6% (Following the nation's consumption tax increase. Every time they hike taxes to pay for the $8T debt load, GDP is punished. There's fiscal stimulus to come, approved before coronavirus turned up to affect the growth outlook).

The idea behind W-GDP is simple: When women are economically empowered, they reinvest that wealth in their families and communities. In 1600 Daily, what W-GDP has accomplished in one year:

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@realDonaldTrump  How is the U.S. a more prime borrower than Germany? Germany's debt to GDP is about 60%. The U.S. debt to GDP is over 100%. Germany runs consistent trade surplus and is a creditor nation. The U.S. runs chronic trade deficits and is the world's largest debtor nation.

Stand By Your Desks! Euro area GDP is up next and after the data from Germany earlier the danger is of a downgrade to 0%

Very ominous... "as the pandemic spreads further without containment, and as the charts above flatline, so will China's economy, which means that while Goldman's draconian view of what happens to Q1 GDP is spot on..." #china  #coronavirus 

National Australia Bank 1/3: We have lowered our previous GDP forecasts by around ½% in 2020 to around 1.5%, but boosted 2021 by around 0.3% to 2¾%. Through the year GDP is now put at 1.8% for 2020 and 2.7% for 2021.

What might be the economic knock-on effects be of the #coronavirus  ? In a worst-case scenario, @TomBossert  says, "if 16.3% of the world's GDP is tied to Chinese economic output & half of the Chinese economy for 6 months… is shut down… it might just end our boom cycle. " #ACChina 

The actual fall in GDP is pretty much in line with the fake news put out by all those experts over the last four years!!

Natixis - Is there an optimal pension share of GDP?: This topic is the subject of a lively debate in France, where the pension share of GDP is significantly higher than in the other euro-zone countries (around 14% versus around 10%) and where the…

Stand By Your Desks! UK GDP is up soon and it will be tight as it will be close to 0. The pattern has been for weaker numbers ( November was -0.3%) to be revised up so fingers crossed! #GBP 

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The US economy limped along with 2.3% GDP growth a year after Trump’s massive tax cuts for the world’s biggest corporations. As warned, CEOs used the transfer of billions to buy back stock instead of expanding businesses and hiring new workers. The Dow is high. The GDP is low.

A record for Mr Morrison that would make Gough Whitlam blush. Mr Cormann confirmed net government debt hit $403 billion at end December 2019. Net government debt to GDP is estimated to exceed 20%, the highest since 1960 when govt was still reducing WW2 debt Don't mention the war

@PiyushGoyal  says #India 's #Economy  is set to take off. He is wrong. The GDP is slowing & the fiscal deficit is growing. #Modi  & #BJP  divide Indians on religious grounds with #CAA2019  & ignore key economic issues. India's economy is destined to sink.

“Trump has set Economic Growth on fire. During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50 year low.” CNBC...Also, the Stock Market is up almost 50% since Election!

From the party that claims to be #ForThePeople : “GDP is great, unemployment is at an all-time low, African Americans are doing well, Hispanics are doing well, wages are rising at the fastest pace in ten years–BLAH, BLAH, BLAH.” – (h/t )

Don’t be fooled by what looks like strong 3.2 percent GDP growth for first quarter, announced this morning. It was boosted by inventories and exports. Consumer demand (70 percent of GDP) is weak. Sales to domestic purchasers are on downward trend. Watch your wallets, folks.

I have sent word to Rajnath to revise the Manifesto on two blunder:a) Doubling of farmers income by 2022 means a 24% per year growth rate which is unbelievable given past world record, best can be 10% per year. b)India’s comparable GDP is 3rd largest not 6th.

Why do BJP Ministers keep repeated Western obfuscation that India's GDP is six largest in the world? A correct calculation shows India as third largest.

As you can see from this chart, GDP is an incomplete measure of a country’s growth:

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