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Comment by trollbridge

16 hours ago

Yeah it's only the third largest economy in the world

I just checked and the can of Paulaner in the fridge is not affected by the outage so far, thus my trust into German economy remains unshaken.

> Yeah it's only the third largest economy in the world

You can both be the 3rd biggest economy in the world and still only be 1/10th of US+China GDPs combined.

And only three companies in the Top 100 for Germany:

https://companiesmarketcap.com/

Germany is the kingdom of the "mittelstand": many, many, many SMEs.

Both GP and you are right: it's the 3rd largest economy in the world and yet it's simply not that big.

https://en.wikipedia.org/wiki/Mittelstand

In other words: I expect this German DNS SNAFU to have 0.000000001% impact on the world's GDP this year.

  • > In other words: I expect this German DNS SNAFU to have 0.000000001% impact on the world's GDP this year.

    126 trillion USD * 0.00000000001 = 1260USD

    I'm pretty sure the impact was higher than that ;)

  • How is 1/10th the size of number 1 and 2 COMBINED small? In what world is that a small number? Especially as those two are 1.8 billion people vs 0.08 billion for Germany