[Bobbyvotes]

We should compare economy size based on PURCHASING POWER INDEX, not currency exchange rate.

For example when bigMac is sold in USA it adds $6 to GDP. Same bigMac is sold in India for $2 id adds only $2 to India’s GDP.

In reality the GDP increase should be parity.

[BobL]

“We should compare economy size based on PURCHASING POWER INDEX, not currency exchange rate.”

Yep, and that is where Russia’s #4, and that is even on the low side since much of ‘purchases’ is for crap like lawyers, yoga classes, feminist ‘studies’, decked-out cars, DEI compliance (making military production contracts into welfare programs), overbuilt homes (juiced by low mortgage rates), etc. Back those things out and it becomes clear that we no longer dominate the world, not even close.