3 ms·
Comparing a company’s market cap to the US GDP makes no sense to me. The former is the product of shares and stock price. The latter is total financial output o
by syndicatedjelly 2y ago
Comparing a company’s market cap to the US GDP makes no sense to me. The former is the product of shares and stock price. The latter is total financial output of a country. What intuition is that supposed to provide?
- rendang 2y agoComparing to total household wealth would be better (about $140T now, about $40T in 2000)