That’s very interesting, and first time seeing this. Would be cool to see these figures re-cast without bullshit services such as finance and debt collection.
It’s funny too how you can increase GDP just by charging for a service which was previously supplied for free eg healthcare and education.
The graph here shows it pretty clearly: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
Germany is going to be easy to surpass given how much they’ve kneecapped themselves. Japan will take a bit longer but it’s already very close.
That’s very interesting, and first time seeing this. Would be cool to see these figures re-cast without bullshit services such as finance and debt collection.
It’s funny too how you can increase GDP just by charging for a service which was previously supplied for free eg healthcare and education.
The rule of thumb I’ve heard is that you can knock around 20% off the US GDP for finance.