> if the gdp metric is so trustworthy, why is belarus-russia, whose gdp is only 3 percent of the west's, able to produce more weapons than nato? > in the u.s., an enormous amount of money, 17 percent of gdp per year (nearly twice that of other major countries), is poured into health care, yet life expectancy in the u.s. is declining wheres all that moneys going? > from the post-world war ii period, known as the "glorious 30 years," to the 1970s, gdp was a meaningful measure of actual productive capacity because the real economy was centered on steel, automobiles, refrigerators, televisions, etc. however, as the industrial structure transformed and the ratio of services over goods increased, gdp lost its reality as a "measure of reality.  is gdp still reliable or fraud?
Japan