>We have the entire economic output of Bulgaria in liquid assets at our disposal.
This is still a unit error. They do not have the entire economic output of Bulgaria, they have the yearly economic out of Bulgaria.
The correct comparison would be to say that they have 1 Bulgaria-Year worth of liquid assets.
In this context, where the number is used simply for effect, this is not that big of a deal. However, in conversations where the GDP is what is actually important this unit error causes alot of misunderstanding. For example, what happens when the debt to GDP ratio reaches 1? For a lot of people, this seems like a particuarly important point; but in reality, it is just the debt reaching 365 days. Possibly too high, but nothing particularly special about this threshold.
This is still a unit error. They do not have the entire economic output of Bulgaria, they have the yearly economic out of Bulgaria.
The correct comparison would be to say that they have 1 Bulgaria-Year worth of liquid assets.
In this context, where the number is used simply for effect, this is not that big of a deal. However, in conversations where the GDP is what is actually important this unit error causes alot of misunderstanding. For example, what happens when the debt to GDP ratio reaches 1? For a lot of people, this seems like a particuarly important point; but in reality, it is just the debt reaching 365 days. Possibly too high, but nothing particularly special about this threshold.