kadoda11
JF-Expert Member
- Jan 6, 2011
- 21,453
- 20,755
nailed it...thanks for your comment comrade.Because their economy is a bunk, not backed by a real value. They borrow too much with no resources to back it up. It looks good on paper when you deposit borrowed money into your bank account but if you don't have the means to pay back it's just a smoke screen.
GDP is the sums of prices of all finished goods and services produced, the keyword here is finished. Over 90% of what we produce in TZ is unfinished, all the crops we sell to Kenya is not counted as part of GDP. So my brother don't worry when these guys talk out of their asses about DC this or LDC that, for those in the know, understand that Tanzania is the new sheriff in town.