Comment on China now faces 245% Trump tariff
graycube@lemmy.world 2 months ago
The US is only 4% of the world’s population. We may have more US dollars than anywhere else, but 96% of the world is still a sizable potential market.
Comment on China now faces 245% Trump tariff
graycube@lemmy.world 2 months ago
The US is only 4% of the world’s population. We may have more US dollars than anywhere else, but 96% of the world is still a sizable potential market.
tetris11@lemmy.ml 2 months ago
4% of the world population with 90% of the world wealth though…
Lembot_0001@lemm.ee 2 months ago
With 90% of the world dollars(!). And dollars might soon stop being “wealth”. Thanks to Trump and his fellow idiots.
db0@lemmy.dbzer0.com 2 months ago
We can only hope
Cowbee@lemmy.ml 2 months ago
I feel like I may owe the accelerationists an apology if this causes dedollarization.
truthfultemporarily@feddit.org 2 months ago
Just checked wikipedia and it says 30%.
samus12345@lemm.ee 2 months ago
I think they’re confusing wealth in general with dollars specifically.
tetris11@lemmy.ml 2 months ago
I guess foreign oligarchs skew the calculation to other areas maybe? I wonder what the distribution is with a max cut off of 100 million dollars
Darkard@lemmy.world 2 months ago
Remove the oligarchs from that calculation.
jorge@lemmygrad.ml 2 months ago
According to the IMF, the US has 15% of the world PPP GDP, versus China’s 20%.