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Nvidia Surpasses Germany

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Re: Nvidia Surpasses Germany

#11

Post by JumpCrisscross »

metalman wrote: post #9

well folks it has finnaly happened, and Germany will now have to issue shares/citizenship stock, and allow people to sell and trade there nationalities.

“The newly created Rentenmark was introduced alongside the old Papiermark on 15 November. Because of the economic crisis in Germany after the First World War, there was no gold available to back the currency. Luther thus used Helfferich's idea of a currency backed by real goods. The new currency was backed by the land used for agriculture and business. This was mortgaged…”

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

Re: Nvidia Surpasses Germany

#12

Post by CjHuber »

JumpCrisscross wrote: post #8
freee3 wrote: post #7

Earlier quoted context omitted.

Indeed. When people make bad comparisons it usually indicates they have no clue what they’re talking about

> When people make bad comparisons It’s not a stupid comparison. Just one that requires nuance. There is a valid observation in China and America consistently producing companies that, with tens of thousands of employees, create wealth rivaling that produced by millions of others.

I‘m glad you didn’t write value

Re: Nvidia Surpasses Germany

#13

Post by aeonik »

bell-cot wrote: post #3

Yes, I'm sure Germany has plenty of problems that need addressing. But - > Nvidia’s market capitalisation ($5.7 trillion) has overtaken Germany’s GDP ($5.45 trillion). - is about like saying "my orange tree is taller than the pile of apples harvested from your apple tree".

Germany’s GDP is the apples harvested this year. Nvidia’s market cap is what investors think the entire orchard will produce over decades.

So really it should be Germany's "Fruit Pile" and Nvidia's "predicted orange production" over decades.

That refinement captures that Germany's GDP is more than one fruit, and a snapshot of this year. And Nvidia is more narrow (one fruit), and operating on a different time horizon.

Re: Nvidia Surpasses Germany

#14

Post by dxdm »

JumpCrisscross wrote: post #8
freee3 wrote: post #7

Earlier quoted context omitted.

Indeed. When people make bad comparisons it usually indicates they have no clue what they’re talking about

> When people make bad comparisons It’s not a stupid comparison. Just one that requires nuance. There is a valid observation in China and America consistently producing companies that, with tens of thousands of employees, create wealth rivaling that produced by millions of others.

How much of the market valuation is actually created wealth? Not something I'm used to thinking about.

Re: Nvidia Surpasses Germany

#15

Post by JumpCrisscross »

dxdm wrote: post #14
JumpCrisscross wrote: post #8

Earlier quoted context omitted.

> When people make bad comparisons It’s not a stupid comparison. Just one that requires nuance. There is a valid observation in China and America consistently producing companies that, with tens of thousands of employees, create wealth rivaling that produced by millions of others.

How much of the market valuation is actually created wealth? Not something I'm used to thinking about.

> How much of the market valuation is actually created wealth?

Technically, all of it. Determining the socially-useful component of either production or wealth, on the other hand, is a tough and subjective exercise. (Wwrong answers are all and zero.)

A useful proxy is taxable wealth. So far, NVIDIA, OpenAI and Anthropic share sales have generated tens if not hundreds of billions of dollars of taxable proceeds for the United States. Those are figures that would pay for a lot of Germany's pension problems [1].

[1] https://www.ifo.de/en/opinion/2025-10-08/hidden-multi-billio...

Re: Nvidia Surpasses Germany

#17

Post by maratc »

> Nvidia’s market capitalisation ($5.7 trillion) has overtaken Germany’s GDP ($5.45 trillion).

Germany’s GDP is not $5.45 trillion. Germany’s GDP is $5.45 trillion per year.

I can overtake your car because I can run at 5.5 m/s, while the length of your car is only 5 m.

Re: Nvidia Surpasses Germany

#18

Post by gus_massa »

JumpCrisscross wrote: post #8
freee3 wrote: post #7

Earlier quoted context omitted.

Indeed. When people make bad comparisons it usually indicates they have no clue what they’re talking about

> When people make bad comparisons It’s not a stupid comparison. Just one that requires nuance. There is a valid observation in China and America consistently producing companies that, with tens of thousands of employees, create wealth rivaling that produced by millions of others.

Why compare the Nvidia marketcap with the GDP of Germany in one year? Why not 1 month? Why not one decade?
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