Nonsense. If 27% of GDP is suddenly gone, how US economy could be the largest? (... | Hacker News

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		mndgs 3 months ago \| parent \| context \| favorite \| on: Surely the crash of the US economy has to be soon Nonsense. If 27% of GDP is suddenly gone, how US economy could be the largest? (rest of the world can substitute US trade between itself)

oceanplexian 3 months ago [–]

The US Economy is 53% larger than the next largest, China, in terms of real GDP (Not fake PPP nonsense). 28T vs 18T.

ben_w 3 months ago | | [–]

How is PPP "fake"? Nominal only matters specifically for trade, which in this hypothetical is the thing the USA is expressly failing to do.

anukin 3 months ago | | [–]

PPP is more relevant than gdp nominal.

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