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It's amazing to see the number of billion-dollar companies continuing to grow! Who would have thought India would outpace countries like the UK and Canada?
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India's a whole other ballgame. With this data, you can't really draw any big conclusions, it's just a bit of trivia.
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Yet the media wants you to think USA is on the decline!
@Solomonsatoshi explain this!
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USA and the dollar? They still rule!
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Hey... Wanna buy $8T USTs before Christmas? Anyone?
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How much is it?
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Enough to make USA insolvent by Christmas.
Measuring decline is not measuring old wealth, but current trends.
US productive economy is in decline on almost all metrics.
There are more new millionaires created everyday, in China, than in the USA.
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Sounds like cope to me
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You did ask and you cannot refute any aspect of my response.
US exceptionalism is denial of reality.
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New millionaires don’t compare to the 1,000+ billion dollar companies
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As a trend they highlight where new wealth is being built most rapidly. The billion dollar companies are anyway mostly reliant upon Chinese supply chains- like Amazon, Tesla, Apple. China won the trade war and soon quite likely that mBridge will over throw the Petrodollar. The trend across most metrics is one of US decline and the rise of China.