The number refers to annual GDP which is dollars per year. Comparing assets/liabilities to annual GDP makes about as much sense as comparing distance to speed,

The number refers to annual GDP which is dollars per year. Comparing assets/liabilities to annual GDP makes about as much sense as comparing distance to speed, eg: "The speed of 150 miles per second is tiny compared to the distance of 1000 miles" I'm not a fan of dismissive & judgmental comments, but the parent HN comment is correct on the technical aspect.