AUSTRALIA: Did Scott Morrison & Steven Ciobo made you richer in 2018?
Channel: Rise n' Fall
Date: 2019-12-22

Did Australia ministers related to finance and economy Scott Morrison and Steven Ciobo made you richer or poorer in 2018?
Evaluation is based 100% on statistic, and not on subjective political statements. 
SECRETS REVEALED: Australia ministers related to finance and economy Scott Morrison and Steven Ciobo in 2018 performed: POOR.

Other videos you might like:
How did Australia leader prime minister Malcolm Turnbull perform in 2018? https://youtu.be/u0em8mCS95g

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TIMESTAMPS:
Metric explanation 0:34
Grades explanation 1:27
Scott Morrison and Steven Ciobo 2018 performance 2:47
Best ministers 3:53

#australia #scottmorrison #stevenciobo #risenfall

SUMMARY:
Did Australia ministers related to finance and economy Scott Morrison and Steven Ciobo made you richer or poorer in 2018?
Before we begin subscribe and click the bell icon so you don't miss new videos where I will analyze how your other politicians perform.
In this video we will analyze only the single most important metric to determine how successful ministers were in particular year. 
No B.S. fancy talk, just perfectly real and honest statistic where you can't hide anything.

Here's the deal:
Most important metric for economy is: GDP per capita based on PPP.
It's gross domestic product converted to international dollars using purchasing power parity rates and divided by total population.
Here is the nice definition.
Basically it's number that tells you how much stuff can average citizen buy with wage he gets every month.
In countries with higher numbers citizens live great and buy bunch of new things every month.
In countries with low numbers citizens live bad and scrape every month to buy food and pay living expenses, just to survive.

If you are from Australia comment below how much could you afford in 2018 and were you satisfied with that?
Can't wait to see how satisfied with your purchasing power you were.

Now:
Our data source will be IMF's GDP per capita based on PPP rankings report.
IMF stands for international monetary fund.
We'll analyze 2 main factors. 
Position, in 2018 GDP per capita based on PPP rankings and change in rankings.
If country is positioned high in the rankings like those countries here and improved a lot then economy related ministers are doing Phenomenal job, which is the best it can get. 
If country is positioned high and didn't drop rankings then economy related ministers are doing Excellent, Great or Good job.
If country is positioned low like those countries here and didn't drop rankings then economy related ministers are doing Fair or Mediocre job.
Now ff country is positioned high and it dropped rankings then economy related ministers are doing Poor, Bad or Awful job.
If country is positioned low and it dropped rankings then economy related ministers are doing Abysmal job, which is the worst it can get.
Is that clear?

And now are you ready?
Australia ministers related to economy Scott Morrison and Steven Ciobo in 2018 performed, drumroll: POOR.
Their score was -120 and they ranked 140th among all economy related ministers.
Australia was ranked 19th in 2017 which is very high and in 2018 they dropped 1 place to 20th place.

So as you can see it's POOR job, your ministers are making you poorer.

And while we are here I just want to apologize if Scott Morrison and Steven Ciobo were not ministers in 2018 because sometimes it's hard to find data from the past.
This is just in case because I tried my best and I think the names are right.

If you now want to see how leader of Australia prime minister Malcolm Turnbull did perform in 2018 click the link in top right corner.

And that's not all...
Let's see few ministers related to economy that performed the best so you can see how Phenomenal performance looks like.
Here is the top of the rankings.
Ranked number 1 were ministers from Taiwan Su Jain-rong and Shen Jong-chin.
They did phenomenal job, and Taiwan recorded jump of 3 places in the rankings.
Ranked number 2 were ministers from Spain María Jesús Montero and Nadia Calviño.
Phenomenal job, Spain also jumped 3 places in the rankings.
Ranked number 3 were ministers from China Liu Kun and Zhong Shan.
And although China ranks little bit lower than Taiwan and Spain, in 2018 they leaped 4 places from 81st to 77th.

Now, before you go and watch next video:
Remember to subscribe and click bell icon so you don't miss new 2019. rankings.
I will analyze 2019 performance as soon as new IMF ratings become available.
Bye