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Joined 1 year ago
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Cake day: February 5th, 2025

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  • SuluBeddu@feddit.ittoLemmy Shitpost@lemmy.worldGDP
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    2 months ago

    To my understanding, Market cap is the total number of shares multiplied by its current price. To do an experiment, if we were to sell those shares, the price would start shrinking, and so would the market cap, way before we can get that kind of money

    The market cap is just a reference value, not a count of sonething really happening in the economy. It represents sonething more like investor expectations.

    The comparison to GDP is interesting, but it doesn’t represent what it looks like.

    GDP is, in itself, a reference value that represents a few things, this time it does stand for something happening in the economy, it kind of estimates the value added by the economy at current prices.

    A better way to describe how important invidia is in the US, you could compare all revenues by all companies, and see how much Nvidia represents over that. I don’t know if we have that kind of number.

    But to give an idea, we would instead look at the number of employees in Nvidia in the US compared to the total number of workers in the US

    We are looking at a total of 161 million employed people in the US

    https://www.bls.gov/cps/cpsaat18b.htm

    And a few sources tell me 30k employees in Nvidia globally! Let’s assume they are all in the US.

    So you see that what you claimed would mean that this 0.02% of workers in the US account for 16% of the totalUS output. Which would be insane

    I hope my reply helps you, I’m also learning, there’s no shame in that


  • SuluBeddu@feddit.ittoLemmy Shitpost@lemmy.worldWhat
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    3 months ago

    I had Mexican flatmates/neighbours during my master’s abroad, and it was always funny to me how they casually insert English words while speaking, with a perfect American accent whilist talking Spanish

    As an Italian I might do that too, but the accent is nowhere near, we just need the word in English but pronunciation can be whatever




  • SuluBeddu@feddit.ittoLemmy Shitpost@lemmy.worldSad but true
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    3 months ago

    If you are interested on contemporary socialist economy professors talking about the experiences in the soviet union and in China, there are some, Richard Wolff is a nice one to start with. He carefully explains concepts of Marxism and to what extent they were applied in various cases, but then focuses on what current socialists advocate for.

    If you want working examples of non-capitalist systems, that are sorts of socialist systems, we have worker coops such as the Mondragon coop in Spain, or the Democratic Confederalism of Kurdistan

    If you are not interested in learning anything of socialism past what billionaires’ propaganda tells you, you are very free to do so









  • Yeah… you see, exactly because people who think like you exist, women have to look for clues right away that they are not going to date a misogynist…

    Women need protection when meeting with strangers, basically all women have life experience that make them feel they need it. I’m sure you as a guy are able to take no for an answer, but your date doesn’t know that yet, and it takes just one guy who doesn’t to ruin a woman’s dating experience and possibly her health and safety.

    I do know women who don’t feel that need, but that’s mostly because they are ignoring their own and their friends’ past experiences. It’s their choice ofc, but it’s universally accepted among women that it’s not a strange thing to do, in fact is the safest thing to do.

    If some women then abuse that need to try to freeride, it’s another discussion, and as a guy I would simply drop the date if I were in that situation. But the need exists, it is valid, and not validating this need to your date will raise a red flag.