well, for a start, flows and holdings on foreign investments, interest and monetary flows, international trade, consumption of existing stock (depending on your particular definition of income).
but either way, he's fundamentally right.
but either way, he's fundamentally right.
US GDP in 2021 was $23 trillion. US GNI (national income) im 2021: was $23.3 trillion.
"monetary flows"
You're right, remittances and foreign aid are income but not GDP.