Posted on 09/25/2020 7:55:38 AM PDT by Red Badger
The coronavirus is upending the global economy in a lot of ways. Many companies are allowing their employees to work remotely forever. Millions of Americans remain unemployed due to shutdowns and cutbacks. And the future is still very cloudy as to what shape a recovery will eventually take. Our latest visualization captures the state of the global economy on the eve of all the coronavirus disruption.
The U.S. remains by far the largest economy in the world with a GDP of $21.43T or 24.42% of the entire globe. China’s economy grew from 2018 to 2019 to $14.34, but the country is still nowhere close to catching up to the U.S. The rest of the world’s economic powerhouses have comparatively much smaller economies, including Japan ($5.08T), Germany ($3.84T) and India ($2.88T). Our visualization doesn’t take into account the size of each country’s population.
We found the data for 2019 gross domestic product figures over at the World Bank. First we divided the “pie” of the global economy into color-coded continents. Then, we sized each country according to its relative contribution to the world’s GDP, in effect creating a snapshot of the global economy on the eve of the coronavirus depression.
Canada has 1/10th the population of Indonesia, and yet its economy is 50% larger than Indonesia’s.
Less Joe, and more inner city “youths”...
AND ... So much tied up in their own defense, man/woman hours.
Yes, and capitalism, but, as Rush points out: Capitalism IS liberty.
I see your 'W' there! Good on ya Mate!
Always.
They have charts out the wazoo.
That must be one of them, somewhere!................
A search function would be nice...
There's a chart for that......................
canada
ireland
france
spain
finaland
sweeden
LOL
exactly, take out Walmart....
No, it's not walmart's fault. They are just playing the game based on the stupid trade policies that preceded Trump.
It's government's role to set appropriate trade policies. And if they restore the tariffs that served our nation well for 180 years, then walmart will return to being primarily US made goods.
I never suggested it was their fault, just take out the conumser purchase of Walmart created in China..... that is what I was suggesting.
Better yet, take out all Chinese goods imported to America and the west.
We have paid for the rope that will hang us.
Great info - thanks!
That was my reaction as well.
You are right about vodka.
There’s also organized crime, which is only interested in GMP (Gross Mafia Profits)
Chart must be off, I don’t see the ‘dakine’ slice...
Companies ranked by Market Capitalization (Over 2200)
https://companiesmarketcap.com/
Walmart is not in the top ten. Top 25 overwhelmingly USA
Yours is probably smaller than San Marino’s..................
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