Thursday, May 29, 2025

How much is 0.2% GDP?

Seems like a small loss, but, is it?

One percent of a trillion is $10 billion. So, 0.2 percent of a trillion is $2 billion. Got that? Therefore, 0.2 percent of $27.72 trillion is $55.44 billion LOST out of the US GDP in the first quarter of 2025. And that is based in the 2023 GDP. 

To appreciate that loss, the USA Navy Gerald R. Ford aircraft carriers cost $13 billion to build. That means the loss of 0.2 percent GDP is equivalent to the loss of building more than 4 Ford Class aircraft carriers. I don’t know about you, but, that is fairly significant
to me.

The real question is, how long can losses to GDP, NOT Wall Street, be sustained without directly attacking the sovereignty of the USA?

Gold is holding its own (click here).

Why is that question significant? Trump wants a kingdom, not a country.