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GDP is essentially the total yearly revenue of a country, so it's not directly comparable to a companies market cap.
by KoftaBob 4y ago
GDP is essentially the total yearly revenue of a country, so it's not directly comparable to a companies market cap.
- pembrook 4y agoGDP isn’t the total revenue of a country, total tax receipts are. If you think of the German government as a business, they generate roughly 2X the revenue of Apple, but with 5 million employees vs. Apple’s 150k. Of course, the German government doesn’t optimize for growth and expansion like a company does (at least…not yet in this century… nervous laugh)