Is the US number debt or M2 money.
Because if it’s debt, it is incorrect and should be $35.1T
if it’s M2, then assuming correct, you need to subtract the debt (the last time I checked, debt was a negative).
Therefore the US becomes: -$8.2T
I haven’t checked any other figures.
Bitcoin solves this 😂
nope u missed it - no M2 or DEBT in above at all - all nominal #GDP - GDP can be calculated in many ways
ur calc not sure if can deduct- GDP not fixed yearly money circulating - debt is FIXED(growing cannot shrink unless repaid)
US GDP is fake another reason - inv banks derivative desks $$$ is included in that which algo trading no real economic output #financialization > real GDP
Ah GDP, what you measure when you're hoping to be rich again,😂 sometime in the future
Bitcoin marketcap = $1T+ but Circulating coin just 2~3% max of that bitcoin GDP economy = $200~300B
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