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A comment on What to Worry About in This Surreal Bull Market. Parent comment

Re:What to Worry About in This Surreal Bull Market by schrodinger on Tuesday November 28, 2017 @07:58AM (#15796790)
Wouldn’t companies with a strong international presence (e.g. Apple) contribute to that? It seems like increased globalization could explain that high ratio rather than “overvaluation.”
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Re:What to Worry About in This Surreal Bull Market by dannyw on Tuesday November 28, 2017 @08:07AM (#15796854)
That would be counted in America's GDP.

The metric as designed is more flawed, because not all companies are public.

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Re:What to Worry About in This Surreal Bull Market by gok on Tuesday November 28, 2017 @01:53PM (#15800190)
Exports contribute to GDP but sales between foreign subsidiaries do not. So a Toyota made in Toyota-owned Kentucky factory contributes to the US GDP. This is in contrast to GNP; that US-made Toyota would count towards Japan's GNP.
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