I just cannot get over this fact.
Sure, Fortune 500 companies are among the best performing companies all over the world-ever. But with revenues millions higher than the GDP in most countries, seriously?
Walmart stores, the second largest company in the U.S., in terms of revenue, is beating Taiwan's GDP by $14 million. Now that's insane. Put it in this perspective: all the sales going through Walmart this year will sum up to about $14 million more than the total value of all goods and services provided in Taiwan. I mean we're talking about a single retailer earning more than a whole nation combined. How messed up is that?
Thursday, October 15, 2009
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1 comment:
That's really messed up. Thanks for pointing that out.
It goes to show how scary corporations can be! (see: Wall-E)
What scares me is that some individuals alone have more net worth than the GDPs of some countries!
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