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To: SeekAndFind

Of course, market cap v. GDP is a stupid comparison: market cap is valued in dollars, GDP in dollars/year. It’s a bit like marvelling that the distance from Kansas City to Wichita in miles is bigger than the speed limit on the Kansas Turnpike in miles/hour.

Let me know when a company’s market cap exceeds the total value of all capital in a developed country, or a company’s annual revenues exceed a developed country’s GDP and I’ll be impressed.


7 posted on 01/20/2012 8:00:48 AM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: The_Reader_David

I’d accept a comparison of GDP to revenue, but market cap is silly.


12 posted on 02/21/2012 11:30:10 AM PST by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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