Great infographic that displays the 2017 projected GDP of all nations world wide. The data provided is sourced from the World Bank and includes projected GDP for 2017.
This graph could be somewhat deceptive, since different countries compute it differently. I am also a skeptic of the validity of the "spending" method the US uses to compute the US GDP. The Treasury can borrow any amount of money it wants, (which is created out of thin air by the Fed), pump it into the system and it increases the GDP by increasing the spending. That's like saying I produce more in a week when I max out all my credit cards and go to Vegas for the weekend and blow it. My "GDP" increased, so I must be financially sound. Just my honest opinion.
This graph could be somewhat deceptive, since different countries compute it differently. I am also a skeptic of the validity of the "spending" method the US uses to compute the US GDP. The Treasury can borrow any amount of money it wants, (which is created out of thin air by the Fed), pump it into the system and it increases the GDP by increasing the spending. That's like saying I produce more in a week when I max out all my credit cards and go to Vegas for the weekend and blow it. My "GDP" increased, so I must be financially sound. Just my honest opinion.
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What @swenger said!
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I didn't expect Australia to be that low.
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I wouldn't expect the USA to be that high either.
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