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That's revenue <=> GDP, and roughly earnings <=> tax revenues. I believe those are equivalent comparisons: revenue and GDP both include all internal transactio
by nostrademons 6y ago
That's revenue <=> GDP, and roughly earnings <=> tax revenues. I believe those are equivalent comparisons: revenue and GDP both include all internal transactions, while earnings and tax revenue reflect what's available for management/government to spend at their discretion.
If a tech company were buying the country, market cap would be the appropriate metric, and market caps for those tech companies are in the $2T range, more than enough to pay a few times annual GDP.