this post was submitted on 26 Jun 2024
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Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.

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The US population only accounts for 4.2% of the world. (lemmy.ml)
submitted 4 months ago by themurphy@lemmy.ml to c/showerthoughts@lemmy.world
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[–] DrunkenPirate@feddit.de 1 points 4 months ago (1 children)

I‘m not sure how GDP is measured for an international company such as Google. Does the entire Revenue count cos the HQ sits in the US? Or is the license fees that it pays to Bahama‘s (in order to avoid taxes) is substracted from the US GDP? Does somebody know how that is measured?

[–] PhlubbaDubba@lemm.ee 1 points 4 months ago

Unless it's the sale of a product or service or the wage earnings or someone who worked on a product or service, it doesn't contribute to GDP, if country A made product X, it being sold in country B contributes to A's GDP