This map shows the US where each state represents the country that most closely matches that state's GDP. I'll try to add the photo later.
https://seekingalpha.com/article/424...tire-countries
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This map shows the US where each state represents the country that most closely matches that state's GDP. I'll try to add the photo later.
https://seekingalpha.com/article/424...tire-countries
That's pretty amazing, even in raw numbers.
Really cool!
As I've said, there are states, run by a big city or two, that could be countries all to themselves. I suppose it's always been that way, but with Trump we see a couple (CA, NY) in open insurrection on immigration and very large economies.
P.S. Remember that in a service economy, we are seeing where revenue (GDP) is booked, not necessarily where it is created.
What about debt? Is there any country whose GDP outweighs its debt?
What about states? Anyone actually in the black?
Very nice article by seeking alpha.
They have better articles relative to mothly fools for decade at least.
Surprising Hong Kong, a size of city has same GDP as MN.
MN has lots of large corps there.
Some Smaller size countries with lots of global companies tend to use GNP rather than GDP.
For the click impaired :D :
https://farm8.staticflickr.com/7896/...ba03073f_b.jpgState GDP by ARNEWB, on Flickr
From 2012:
https://farm8.staticflickr.com/7826/...4f177a06_b.jpgDebt to GDP by ARNEWB, on Flickr
From 2017:
https://farm8.staticflickr.com/7925/...e04e21aa_b.jpgDebt to GDP by ARNEWB, on Flickr
Source: https://en.wikipedia.org/wiki/List_o...by_public_debt
Ding Ding Ding.Quote:
Originally Posted by CavSct1983
There are states that are in the black, but then there are others so far in the red, they'll never recover.
Last I heard, South Carolina was well run...
Thanks for posting the photos, I posted the article from mobile and couldn't do it at the time.
Norway is very far in the black now. I've heard it has substantial financial reserves and investments as opposed to debt. It's a rainy day system for when oil falters.
Now, just imagine if the actual countries were located as shown on the map. Iran- Saudi -Arabia- Turkey would be an interesting area - with excellent deer and turkey hunting.
Quote:
Originally Posted by CavSct1983
State Fiscal Rankings 2018
https://www.mercatus.org/statefiscalrankings
https://www.mercatus.org/sites/defau...-v1_copy_0.png