this post was submitted on 20 May 2025

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Economics

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The US has the largest economy by traditional GDP measures, but when adjustments are made to account for PPP, and the cost differences for similar products, it is China with the largest economy. (youtu.be)

submitted 5 days ago by yogthos@lemmy.ml to c/economics@lemmy.ml

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[–] yogthos@lemmy.ml 7 points 5 days ago

Exactly, or consider health insurance industry in the US which is a net negative for society.