Comment by TacticalCoder
16 hours ago
> 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
This comparison threw me for such a loop. What an odd way to present a point.
what's SME?
Small/Medium enterprises