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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt (559 Views)
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The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by FreeStuffsNG: 6:01pm On Jul 21, 2023 |
ECONOMY Visualized: The U.S. $20 Trillion Economy by State. A sum of its parts, every U.S. state plays an integral role in the country’s overall economy. Texas, for example, generates an economic output that is comparable to South Korea’s, and even a small geographical area like Washington, D.C. outputs over $129 billion per year. The visualization below uses 2022 annual data out of the U.S. Bureau of Economic Analysis (BEA) to showcase each state or district’s real gross domestic product (GDP) in chained 2012 dollars, while also highlighting personal income per capita. A Closer Look at the States California is by far the biggest state economy in the U.S. at $2.9 trillion in real GDP—and when comparing its nominal value ($3.6 trillion) with national GDPs worldwide, the Golden State’s GDP would rank 5th overall, just below Germany and Japan. Here’s an up-close look at the data below. https://www.visualcapitalist.com/us-economy-by-state/ U.S. National Debt Stands at $31.5 Trillion by Katharina Buchholz, National debt of the U.S. U.S. national debt currently stands at around $31.5 trillion, daily reporting from the Department of the Treasury shows. The U.S. officially hit its debt ceiling of $31.4 trillion on January 19. Secretary of the Treasure Janet Yellen has most recently said that financial maneuvering could keep the country open until June 1. Most of the debt is owed to Japan, US and Russia. https://www.statista.com/chart/amp/28393/us-public-debt/ Mynd44 nlfpmod
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Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by FreeStuffsNG: 6:01pm On Jul 21, 2023 |
US is in deep mess. A borrower is always slave to his lender.When next you hype US, remember this. That is $11.5 Trillion debt! Your phone calculator will show error if you dare try to convert to naira. |
Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by Achinak: 6:07pm On Jul 21, 2023 |
It's insane to compare Us debt profile to that if Nigeria due to the circumstances |
Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by Kukutente23: 6:11pm On Jul 21, 2023 |
Oga wey no get fuel for him I better pass my neighbour is calculating US debt with porpo calculator to console himself while mosquitoes feed on his sweaty back Op com let me slap sense into your agbado-filled cranium 1 Like |
Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by FreeStuffsNG: 6:11pm On Jul 21, 2023 |
Achinak:What's insanely stupid is to think there's a better debt and a debtor is not a slave.
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Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by helinues: 6:13pm On Jul 21, 2023 |
Interesting |
Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by FreeStuffsNG: 6:16pm On Jul 21, 2023 |
helinues:Sir, did you see how South East is equally lagging behind the West/South West even in the US?
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Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by helinues: 6:20pm On Jul 21, 2023 |
FreeStuffsNG: They are probably planning to start afresh. They want to destroy the current infrastructure provided by Nigeria government so that they can start building afresh after they have their Biafra .. Nigeria infrastructures won't be needed in Utopia Biafra 1 Like |
Re: The U.S. $20 Trillion Economy By State Vs $31.5 Trillion US National Debt by haffaze777(m): 6:48pm On Jul 21, 2023 |
God bless Nigeria God bless USA 2 Likes |
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