Be respectful
Source: https://www.marketcapwatch.com/all-countries/
This treemap compares the market capitalization of listed companies across the world’s major blocs. The United States dominates with $69.9T, followed by China at $19.8T. Japan ($7.2T), the UK ($4.2T), France ($3.2T), Canada ($3.8T), and Germany ($2.9T) round out the G7, while India ($5.1T),Saudi Arabia ($2.5T), and others highlight BRICS’ growing presence. The “Rest of the World” collectively accounts for $24.7T.
Cool plot. But for someone who doesn't know much about economics, what is this supposed to tell me?
In context with actual production, it tells you how big the bubble is
Lol .... but the US needs to make the stuff in China or use services from India or South America in order to turn a profit.
Without overseas slave labor, the US wouldn't have so much wealth.
nah.. they'll fix that with prison labor
Nor would Asia.
Can't wait till they discover the valuation of these companies is completely arbitrary, based on 3 different equations that all come up with different numbers so you have to go with the equation the judge is that district accepts. Massively overvalued assets because that's literally how private equity works. Say it's worth way more than it is, use that collateral to get more loans or sell the company to yourself as a continuation vehicle, leverage on leverage and ITS ALL FICTION
one day, probably soon, the bubble will burst and y'all will realize the actual value of those companies, and it will be hilarious
Market cap is a scam imho
... so far
Exactly. I am curious how this has changed since BRICS was created, and also how current Cheeto in Chief policies will impact it over time.