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http://en.wikipedia.org/wiki/List_of_countries_by_GDP_ http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) Much needed perspective: America's GDP
by pragmatic 18y ago
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_ http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
Much needed perspective: America's GDP is about equal to that of the TOTAL of rest of the 5 top countries in the world.
Plus the article is talking about it military dominance. Because no one would dare attack the US directly so our huge military is not as much of an asset.
It's like saying Michael Phelps has no where to go but down b/c he one all the medals. It's true but it also means you're the best and brightest RIGHT NOW.
- jwilliams 18y agoI guess you're not counting the European Union? Because functionally, it's one economic block. There are other measures other than GDP. US National Debt and the current account balance is getting out of control: http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance http://en.wikipedia.org/wiki/List_of_countries_by_current_ac... (As an Australian I can't judge, in relative terms we're not doing so well by this measure either). The current market downturn is a case in point. Whilst it's hurting globally, it's not hurting nearly as much as it would have in the past. In modern history a recession in the US would have usually == recession worldwide. As it stands, you can't deny a slowdown in many key areas, but there are still parts of the global economy that are going strong.