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N63iwnIsbtv7 in  
Economics 7 months ago

The US is still at the center of the global economy

Despite all the gloom and doom talk in finance right now, the US is still at the top making up nearly one quarter of the global economy. China follows close behind at $19.9 trillion which was actully very surprising to me considering how much manufacturing infrastructure they have. 

https://www.visualcapitalist.com/100-trillion-global-economy/
The $100 Trillion Global Economy in One Chart

The $100 Trillion Global Economy in One Chart

Despite ripple effects from conflict and inflation, global growth continues. According to the IMF, global GDP will hit $104T by end of year.

visualcapitalist.com
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YBINBakerAccounting 7 months ago
"While China’s GDP growth has slowed in recent years, projections still indicate that the country will overtake the U.S. by 2030, dethroning the world’s economic leader." This article on Fortune has the GLOBAL GDB doubling to 200T and China leading the world. I bet some people are shaking in their boots.
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