What is GDP? Why is it a bad indicator?

📉 GDP is not a good indicator to measure a country's economic growth
Every time we talk about the economy, country's GDP (Gross Domestic Product) is the first metric that comes up. But does it really measure a country's success, or is it a misleading number hiding inequality, poverty, and environmental destruction? In this video, we break down the real meaning of GDP, its flaws, and the better alternatives to measure true economic progress. 🌍📊

🔍 WHAT YOU WILL LEARN IN THIS VIDEO:
✅ What is GDP and how is it calculated? – The formula behind this famous economic metric.
✅ Nominal vs Real GDP – Why inflation can distort economic reality.
✅ The GDP per capita trap – Does it really tell us how wealthy a country is? 💸
✅ GDP & economic inequality – How economies "grow" while wealth is concentrated in fewer hands. 📉
✅ Is GDP an outdated metric? – The Human Development Index (HDI) and alternative measures of progress.
✅ The environmental cost of GDP growth – Why economic expansion doesn’t always mean a better future. 🌱

💡 WHY DOES THIS MATTER TO YOU?
Understanding GDP will help you see through economic myths spread by politicians and the media. A rising GDP doesn’t always mean people are better off. That’s why we explore other metrics that truly reflect economic and social well-being.

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✍️ WHAT DO YOU THINK?
Is GDP still a good measure of a country's success, or should we move to new metrics? Drop your thoughts in the comments! 👇🔥
#economy #gdp #economicgrowth #finance #investing #wealth #HDI #globaleconomy #macroeconomics #humandevelopmentindex #economicinequality #money #inflation #markets #geopolitics #business #recession #financialeducation

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ABOUT ME:

My name is Enric Alcaraz Roma. I am 21 years old, an economist graduated from the Université Paris 1 Panthéon-Sorbonne, and deeply passionate about entrepreneurship, financial education, and creating impactful content.

From a young age, I developed a keen interest in financial markets and trading. My experience as a CFD trader has allowed me to specialize in strategies such as the Smart Money Concept, while constantly seeking innovation and adapting new methodologies. I am currently exploring trading automation through bots to optimize results and enhance risk management.

My education and life in different cities, such as Paris and Barcelona, have shaped my entrepreneurial vision and adaptability to multicultural environments. This journey has also inspired me to learn languages like French, Italian, English, Catalan, and Spanish, which I actively use as tools in my projects and professional life.

Currently, I am working on launching a YouTube channel, where I share my knowledge in finance and economics, approaching them from an educational yet entertaining perspective. My goal is to reach 1 million subscribers within two years, creating content in multiple languages to connect with a global audience.

My philosophy is to give you all my knowledge, through effort and qualities I apply to my personal and professional life. I want to help you in exchange of your likes ;)