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Are Aliens Buying Louis Vuitton Handbags? - World Exports $338Bn More Than It Imports
1. The US annual GDP is about 15 trillion dollars. The world's GDP is probably 4 or 5 times that. So an error of 0.3 trillion out of 60 or 70 trillion is not too bad. 2. I read a book by Misha Glenny called McMafia. According to Glenny, about 20% of the world's economic activity is conducted by organized crime. That could make it tough to calculate down to a fraction of a trillion dollars.
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2. I read a book by Misha Glenny called McMafia. According to Glenny, about 20% of the world's economic activity is conducted by organized crime. That could make it tough to calculate down to a fraction of a trillion dollars.