💸📊🏦💼🔍💰📉👥 Luxembourg’s $170K GDP Per Capita: Why Most of It Isn’t Reaching the People
In the past I have shown you a chart of GDP per capita of Luxembourg ranking first in the world of countries at 170.000 USD per capita.
But Luxembourg doesn’t seem like a 🌴🐠🍹tropical paradise for all its people. Look at the post below that I’m reposting.
You see: GDP is what “we” earn together. And you have to check well who the “we” is.
In case of Luxembourg “we” seems to be “companies”. Capital. Soparfis.
Let me explain:
GDP is total of wages, rent, interests and profits + Taxes…
Would be interesting to see for Luxembourg:
- what the profit and interest share is of that GDP
Theoretically it could be the greatest part of that GDP coming from profits and interests of those Soparfis instead of from wages.
You then get a superhigh gdp per capita of 170.000 USD ranking you first on the global chart of countries.
But it is “all” going to capital and to the government (taxes on goods and services). It is not going to the people.
You might as well divide it to the number of soparfis.
GDP per Soparfi instead of GDP per Capita.
There are measures other then GDP. Like the gini coefficient (a measure of the skewness of the income distribution). There is the Multi dimentional Resiliency index (how resilient) is a country.
There is the SDG goals: measuring the quality of the lives of in this case the people of Luxembourg accross 17 goals.
Apparently Luxembourg has a one pillar economy: instead of tourism like many Caribbean islands Luxembourg runs on … Finance. Investment banking. Capital storing their wealth there. And when you are small and you are the place to be to store your wealth, you get a high gdp per capita.
If you want to know more creating island wealth and living the dream island lifestyle: join my VIP Lounge for free: https://bit.ly/iw-summer-academy
Runy
Island Wealth
How is Luxembourg with its dependance on Finance, using Bitcoin and Lightning???
Do you know?
/ Runy Calmera
npub1se…fktfz
2024-09-15 11:45:19
Author Public Key
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2024-09-15 11:45:19Event JSON
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"content": "💸📊🏦💼🔍💰📉👥 Luxembourg’s $170K GDP Per Capita: Why Most of It Isn’t Reaching the People\n\nIn the past I have shown you a chart of GDP per capita of Luxembourg ranking first in the world of countries at 170.000 USD per capita.\n\nBut Luxembourg doesn’t seem like a 🌴🐠🍹tropical paradise for all its people. Look at the post below that I’m reposting.\n\nYou see: GDP is what “we” earn together. And you have to check well who the “we” is. \n\nIn case of Luxembourg “we” seems to be “companies”. Capital. Soparfis.\n\nLet me explain:\n\nGDP is total of wages, rent, interests and profits + Taxes…\n\nWould be interesting to see for Luxembourg:\n\n- what the profit and interest share is of that GDP\n\nTheoretically it could be the greatest part of that GDP coming from profits and interests of those Soparfis instead of from wages.\n\nYou then get a superhigh gdp per capita of 170.000 USD ranking you first on the global chart of countries.\n\nBut it is “all” going to capital and to the government (taxes on goods and services). It is not going to the people.\n\nYou might as well divide it to the number of soparfis.\n\nGDP per Soparfi instead of GDP per Capita. \n\n\nThere are measures other then GDP. Like the gini coefficient (a measure of the skewness of the income distribution). There is the Multi dimentional Resiliency index (how resilient) is a country.\n\nThere is the SDG goals: measuring the quality of the lives of in this case the people of Luxembourg accross 17 goals.\n\nApparently Luxembourg has a one pillar economy: instead of tourism like many Caribbean islands Luxembourg runs on … Finance. Investment banking. Capital storing their wealth there. And when you are small and you are the place to be to store your wealth, you get a high gdp per capita.\n\nIf you want to know more creating island wealth and living the dream island lifestyle: join my VIP Lounge for free: https://bit.ly/iw-summer-academy\n\nRuny\nIsland Wealth\n\nHow is Luxembourg with its dependance on Finance, using Bitcoin and Lightning???\n\nDo you know?",
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