Dante
"The Libido for the Ugly"
From #5 to #4. Headline: California economy now the world's fourth-largest, overtaking Japan
California is doing so poorly.
Never winning.
It's incredible how the terrible Democrats can ruin a once great state, making it compete with Japan and other nations.
simply terrible.
According to the data, California’s nominal GDP reached $4.1 trillion, surpassing Japan’s $4.02 trillion. That places the Golden State behind only the United States at $29.18 trillion, China at $18.74 trillion, and Germany at $4.65 trillion.
“California isn’t just keeping pace with the world — we’re setting the pace," Newsom said in a statement. "Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation."
Of the top-four global economies, California's is also the fastest growing, according to data and Newsom's office. Its nominal GDP grew at a rate of 6% in 2024, outpacing the U.S.'s overall 5.3% rate, China's 2.6% rate and Germany's 2.9% rate.
Newsom attributed California's showing to a growing population and record tourism spending coupled with a high concentration of venture capital and new business ventures. He also touted the strength of the state's agricultural, high-tech and manufacturing centers.
California is doing so poorly.
Never winning.
It's incredible how the terrible Democrats can ruin a once great state, making it compete with Japan and other nations.
If California was its own country, its economy would now rank as the fourth-largest of any nation in the globe, Gov. Gavin Newsom said this week.
Newsom announced the state's new economic ranking Wednesday after recently released data from the International Monetary Fund and the U.S. Bureau of Economic Analysis indicated that California's nominal gross domestic product now exceeds Japan's.
simply terrible.
According to the data, California’s nominal GDP reached $4.1 trillion, surpassing Japan’s $4.02 trillion. That places the Golden State behind only the United States at $29.18 trillion, China at $18.74 trillion, and Germany at $4.65 trillion.
“California isn’t just keeping pace with the world — we’re setting the pace," Newsom said in a statement. "Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation."
Of the top-four global economies, California's is also the fastest growing, according to data and Newsom's office. Its nominal GDP grew at a rate of 6% in 2024, outpacing the U.S.'s overall 5.3% rate, China's 2.6% rate and Germany's 2.9% rate.
Newsom attributed California's showing to a growing population and record tourism spending coupled with a high concentration of venture capital and new business ventures. He also touted the strength of the state's agricultural, high-tech and manufacturing centers.