It's easy to lose sight of who the 'makers' are vs who the 'takers' are with all of the noise and disinformation from the benighted among us.
- Let's put the economic globe in perspective.
Consider:
- The top 10 economies in the world, who you see there and who you do not.
- Now look at the relative scale of the world's economies, with the same filter....shows vs no-shows.
- Last, the actual land mass of those economies 'corrected' from the misleading Mercator projection we're all used to seeing.
It's time for the tail to stop trying to wag the dog...
1 comment:
The GDP data quoted are nominal and misleading. For example, using ppp data, Russia’s GDP is 10% larger than Germany’s. Any objective listing of what the Russian economy actually produces, like a manned space program, vs. what Germany’s does shows that Russia indeed has the larger econy.
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