1/ A thread looking at some of the largest government deficits and debts around the world. 2/ “persistence of budgetary shortfalls during a long period of peace, when governments traditionally pay off debts and save for the future, should set the alarm bells ringing”
This is being said in 1996, it is much more relevant now.

1/ #Nvidia is world’s eighth largest companies in terms of Market Cap (~$582 bn).

It is not as large in terms of revenue ($27 bn, FY23 Jan YE), but perhaps its business and its opportunities make the market value this high. Perhaps. Difficult to fathom.

A thread. 2/ Set up in 1993, Nvidia makes chips, software and systems. Or platforms.

It was set up in 1993.

In 1999, it invented the #GPU which forms its core business even today.

From early focus on PC Graphics, they have expanded to several computationally intensive fields.

1/ #BerkshireHathaway is one of the world’s largest companies in terms of market cap ($686 billion, sixth largest). It is also one of the top few (top 15) globally in terms of total revenue.
Here is a thread briefly exploring the company. 2/ For context, here is a historical market cap chart.

1/ With a market cap of $1.18 trillion, #Alphabet (#Google) is world’s fourth most valuable public company.
It delivered a revenue of ~$283 billion in FY22 (Dec YE) and is a top 20 company globally in terms of revenue. (~number 17th)
Here is a thread exploring #Alphabet. 2/ Incorporated in 1998, the company went public in 2004.

1/ Here is a thread collecting a few charts providing a perspective on global #ENERGY and its different aspects - production, consumption, #carbon impact and future direction. 2/ For an appreciation of global energy consumption, this chart - how primary #energy consumption has grown and changed over the last 120 years.

From 29K TWH in 1950, the total energy consumption is currently ~176k TWH – grown ~six times.

1/ In context of #globaldemographics, 4 #megatrends are often referred to: population growth, population ageing, international migration and urbanization.

Here is a thread diving into these.

(Most charts are from ‘Our World in Data’. Some from UN.) 2/ To begin, for historical context, this chart

The 20th century began with 1.65 billion people in the world. It closed with 6 billion people.

This growth saw its ripple effects across the world – from economic growth to environmental impact of the century.

1/#Walmart is the world’s largest company in terms of Revenue.

It delivered $573 billion revenue in FY22(JanYE) which is larger than several countries’ GDP (only 25 countries have a higher GDP).

Market cap of ~$382 b (18th largest globally)

Here is a thread looking at Walmart 2/ Walmart operates 10,500 stores and clubs in 24 countries and online

Employs 2.3 million associates worldwide (1.7 million in the US)

Each week ~230 million customers visit Walmart

(1/n) What is the size of total Global Wealth?
~US$ 463 trillion
(For context, Super Assets around the world are around $56 trillion)
Following are some pointers/charts from Credit Suisse Global Wealth Report + some other sources (2) The inequality pyramid

Around 1.2% of the people hold 47.8% wealth, and 13% of population holds ~86% of global wealth.
But perhaps the more severe expression of inequality is that 53.2% of the population shares 1.1% of the global wealth.