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Emprical indications that the Ethiopian Economy is growing

Posted: 19 Mar 2022, 14:55
by DefendTheTruth
Forget about the government reports of GDP, forget also the world Bank and other similar institutions reports, forget about the inept opposition media trying to compensate its failures elsewhere with a fake comparison of the level of individuals' life standards with the real economic growth of the country, which has no scientific base anyways.

Business knows where to put its money, that is an emprically proven fact. A business puts its money where it can make profit and with that where it can find a customer (consumer). A consumer must be in a position to buy the products and services of the business. In a position means also it is capable (and willing) to buy the product/service of the business man.

One of a key indicator of your buying capability is the level of your income, if your income is not allowing you, then you can wish to have something but can't have it. The business knows exactly where it can find a buying capable consumers and it will go on and provide the services or products there.

This is exactly why we are seeing such an upscale resorts and other similar high-end services in Ethiopia today, whose numbers are rising from time to time.

This wouldn't have been possible without a concrete economic growth of the country and with that a rise of individuals' level of income.



Re: Emprical indications that the Ethiopian Economy is growing

Posted: 19 Mar 2022, 15:00
by Noble Amhara
Forget GDP forget GDI forget oppositionists The great business is Government Opening a resort to attract habesha diaspora tourists…….

Re: Emprical indications that the Ethiopian Economy is growing

Posted: 19 Mar 2022, 16:45
by TGAA
-GDP report of the government - The world bank report - the so-called inept opposition + kuruftu = The Ethiopia economy is growing !?, one guess' Adam Smith's invisible hand is at work.