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drk
Jan 16, 2005


Countries by percentage of world equity market, 2021

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i say swears online
Mar 4, 2005

that's pretty neat dataviz

Ditocoaf
Jun 1, 2011

What're the colors?

Spazzle
Jul 5, 2003

That map doesn't scan. What is world equity?

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

Spazzle posted:

That map doesn't scan. What is world equity?

Stock market value.

A Buttery Pastry
Sep 4, 2011

Delicious and Informative!
:3:

drk posted:



Countries by percentage of world equity market, 2021
I'm clearly not understanding something here, because I don't get how Germany is at most a little less than 5x Denmark. Are we really so different that our per capita number is, at worst, nearly 3x that of Germany?

drk
Jan 16, 2005

Ditocoaf posted:

What're the colors?

I cut it off of the source since it gave away what the map was, but:

Dark Grey: US

Yellow: Developed markets, excluding the US

Green: Emerging markets

Light grey: "other"

Leon Trotsky 2012
Aug 27, 2009

YOU CAN TRUST ME!*


*Israeli Government-affiliated poster

A Buttery Pastry posted:

I'm clearly not understanding something here, because I don't get how Germany is at most a little less than 5x Denmark. Are we really so different that our per capita number is, at worst, nearly 3x that of Germany?

Denmark had a massive explosion in equity value this year that was driven almost entirely by pharmaceutical company Novo Nordisk inventing both of the blockbuster weight loss drugs WeGovy and Ozempic. That drove their market cap upwards by hundreds of billions of dollars in a single year.

The company has a market cap of about $350 billion now.

drk
Jan 16, 2005

A Buttery Pastry posted:

I'm clearly not understanding something here, because I don't get how Germany is at most a little less than 5x Denmark. Are we really so different that our per capita number is, at worst, nearly 3x that of Germany?

I think Germany and Denmark are 2% and 1%, respectively in the map.

Denmark really punches above its size in terms of the value of companies that are based there. Novo Nordisk alone is worth over 100% of Denmark's GDP.

Platystemon
Feb 13, 2012

BREADS
The nations of the world have submitted their Palestine partition proposals:

jeebus bob
Nov 4, 2004

Festina lente

Platystemon posted:

The nations of the world have submitted their Palestine partition proposals:



Lol but also I unironically support the Panama one

Carthag Tuek
Oct 15, 2005

Tider skal komme,
tider skal henrulle,
slægt skal følge slægters gang



Leon Trotsky 2012 posted:

Denmark had a massive explosion in equity value this year that was driven almost entirely by pharmaceutical company Novo Nordisk inventing both of the blockbuster weight loss drugs WeGovy and Ozempic. That drove their market cap upwards by hundreds of billions of dollars in a single year.

The company has a market cap of about $350 billion now.

yea Novo skews Danish numbers by a lot. theyre bigger than the gdp & are affecting the national bank's interest

Snowy
Oct 6, 2010

A man whose blood
Is very snow-broth;
One who never feels
The wanton stings and
Motions of the sense



Platystemon posted:

The nations of the world have submitted their Palestine partition proposals:



I like the Croatian proposal where Palestine takes the entire coast except for a tiny bit in the south

ChubbyChecker
Mar 25, 2018

Platystemon posted:

The nations of the world have submitted their Palestine partition proposals:



the panama one would unironically be great

BonHair
Apr 28, 2007

I'm sure Egypt would never agree to the Panama solution though. Also I don't think the North/South split works on a cultural importance level

Platystemon
Feb 13, 2012

BREADS

BonHair posted:

I'm sure Egypt would never agree to the Panama solution though. Also I don't think the North/South split works on a cultural importance level

There may be a few objections lodged about Jerusalem.

steinrokkan
Apr 2, 2011



Soiled Meat
I'm not sure how excited the locals would be about channeling the ocean into below-the-sea-level areas.

Snowy
Oct 6, 2010

A man whose blood
Is very snow-broth;
One who never feels
The wanton stings and
Motions of the sense



steinrokkan posted:

I'm not sure how excited the locals would be about channeling the ocean into below-the-sea-level areas.

We could use a clearer version of this

https://youtu.be/C_7QgKmIkts?si=KP3zt_hFdOxJ8G2T

mobby_6kl
Aug 9, 2009

by Fluffdaddy

steinrokkan posted:

I'm not sure how excited the locals would be about channeling the ocean into below-the-sea-level areas.

I don't think that's a major consideration when it comes to stuff like this

BonHair
Apr 28, 2007

steinrokkan posted:

I'm not sure how excited the locals would be about channeling the ocean into below-the-sea-level areas.

North Korea++/Atlantis solution: sink the entire area and let the fishes sort it out.

A Buttery Pastry
Sep 4, 2011

Delicious and Informative!
:3:

drk posted:

I think Germany and Denmark are 2% and 1%, respectively in the map.
2% could be 2.49% rounded down, while 1% could be 0.51% rounded up = Germany just about 5x greater.

Leon Trotsky 2012 posted:

Denmark had a massive explosion in equity value this year that was driven almost entirely by pharmaceutical company Novo Nordisk inventing both of the blockbuster weight loss drugs WeGovy and Ozempic. That drove their market cap upwards by hundreds of billions of dollars in a single year.

The company has a market cap of about $350 billion now.
I know Novo Nordisk has been growing quite a bit, but it's not on a scale that's anywhere close to explaining the difference. Looking back further, to 2000, we do start seeing some major divergences, with Germany going to 2x while we went 9x. In conclusion; Germany is the sick man of Europe, and I didn't realize.

steinrokkan posted:

I'm not sure how excited the locals would be about channeling the ocean into below-the-sea-level areas.
Obviously it'd use it a lock system, just like the Panama Canal.

Space Kablooey
May 6, 2009


Platystemon posted:

The nations of the world have submitted their Palestine partition proposals:



I support Panama and North Korea's proposals

drk
Jan 16, 2005

A Buttery Pastry posted:

2% could be 2.49% rounded down, while 1% could be 0.51% rounded up = Germany just about 5x greater.

Using a large total world stock ETF as a more up to date reference, Germany is 1.9% of the world equity market and Denmark is 0.7%. So, a little less than 3x difference.

Pope Hilarius II
Nov 10, 2008

feller posted:

the country of Antartica

I love it when the local ladies go out and get all antarted up there

Threadkiller Dog
Jun 9, 2010
Novo nordisk makes up almost 22% of a nordic market equity index fund. The danish economy must be nothing but bacon farms and diabetes medicine these days.

FreudianSlippers
Apr 12, 2010

Shooting and Fucking
are the same thing!

From having driven through Denmark a few times I can safely say that 94.6% of Denmark's surface area is either rapeseed or potato fields.

Judgy Fucker
Mar 24, 2006

Threadkiller Dog posted:

Novo nordisk makes up almost 22% of a nordic market equity index fund. The danish economy must be nothing but bacon farms and diabetes medicine these days.

And Americans are more than happy to keep the Danish economy propped up!

A Buttery Pastry
Sep 4, 2011

Delicious and Informative!
:3:

FreudianSlippers posted:

From having driven through Denmark a few times I can safely say that 94.6% of Denmark's surface area is either rapeseed or potato fields.
Actually, a lot of it is water.

distortion park
Apr 25, 2011


The equity float doesn't represent the size/profitability/successfulness/basically any other real world thing about the companies in a country, just how much the publicly traded shares are worth. Prevailing capital structures (e.g. how much debt Vs equity is issued) and the degree of financialisation have a big impact on that measure without being terribly important for much else.

SimonSays
Aug 4, 2006

Simon is the monkey's name
Oh neat Denmark is doing a Nortel


https://www.youtube.com/watch?v=I6xwMIUPHss

Tei
Feb 19, 2011
Probation
Can't post for 7 days!

Very interesting video, thanks!

Antigravitas
Dec 8, 2019

Die Rettung fuer die Landwirte:

A Buttery Pastry posted:

I'm clearly not understanding something here, because I don't get how Germany is at most a little less than 5x Denmark. Are we really so different that our per capita number is, at worst, nearly 3x that of Germany?

Large chunks of the German economy are not represented on the equity market. It's a poor proxy for the size of the economy.

FreudianSlippers
Apr 12, 2010

Shooting and Fucking
are the same thing!

Stocks don't exist and the entire stock market is a scam and anyone even slightly related to it should be broken on a wheel.

jeebus bob
Nov 4, 2004

Festina lente

FreudianSlippers posted:

Stocks don't exist and the entire stock market is a scam and anyone even slightly related to it should be broken on a wheel.

A Buttery Pastry
Sep 4, 2011

Delicious and Informative!
:3:

Antigravitas posted:

Large chunks of the German economy are not represented on the equity market. It's a poor proxy for the size of the economy.
Sure, but I can still be surprised that the ratio of the economy vs. the equity market is so different between the two.

Anyway, while the Novo Nordisk stock has grown a lot, it's far from the biggest company in Denmark if you look at revenue or profits. Maersk is about 3x larger on both fronts. It has also historically had, let's say, a significant degree of political influence.

BonHair
Apr 28, 2007

I'm reasonably sure Novo Nordisk doesn't exactly stay out of politics either. As in not at all.

i say swears online
Mar 4, 2005

I assume antitrust law in denmark is robust as all hell

3D Megadoodoo
Nov 25, 2010

Platystemon
Feb 13, 2012

BREADS

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Muscle Tracer
Feb 23, 2007

Medals only weigh one down.

All that work and they still, STILL couldn't get rid of Maryland. At least the Delmarva Peninsula is unfucked.

Muscle Tracer fucked around with this message at 13:18 on Nov 9, 2023

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