Thursday, July 26, 2018

“All we can know is that we know nothing. And that’s the height of human wisdom.”
– Leo Tolstoy, War and Peace –

It’s always good to unpack our assumptions in full daylight and take a good, hard look at them. This is what the CEO of ITR Economics did in his most recent post when he highlighted the fact that the USA accounts for 24.3% of the world’s GDP while Russia accounts for only 1.9%. This is one of several insights outlined in Insights from our CEO: 10 Reasons There is No Russian Equivalency which not only unpacks assumptions but also reframes certain discussions.  Click here to read his post and learn which ten countries have a larger GDP than Russia yet are still not as large as the United States.