Why the U.S. is the 800 pound economic gorilla
Mon Jan 15, 2007 at 01:14:05 PM PDT
"A billion here, a billion there, pretty soon you're talking about real money". Maybe Senator Dirksen never really said that, but it is difficult to think about big numbers. This is especially true when dealing with different currency exchange rates.
This is a map that tries to make it easier to understand these numbers. It tries to clarify just how big the US economy is, compared to the rest of the world.
Updated:
Thanks, Rescue Rangers, for putting me on the list!
Yes, I can see that China, Germany, Japan, etc. are larger than ANY U.S. state.
And I do agree... what's really interesting is comparing these numbers to financial flows. The total dollars washing back and forth around the world is astounding, and dwarfs almost any economy, including the U.S. economy.
Which several folks have noted, that's mostly speculative money, chasing a return. For example, take the amount of money that went into the U.S. Housing Bubble. The money (credit) buying Mcmansions, granite countertops and expensive stucco shacks probably exceeded the annual GDP of many countries.
And as credit contracts..... "the Grand Ah-whoom"....
Another time, perhaps.
(breaking) Oregon, National? Anti-union campaign to start today..
Thu Aug 17, 2006 at 11:24:40 AM PDT
I just received an email from our state teacher's union. Apparently the organization below is about to start a statewide (and likely nationwide) anti-union disinformation campaign. It appears to be timed to attack teachers just as school starts.
E85, Corn Ethanol IS a SCAM, but biodiesl has possibilities..
Wed May 24, 2006 at 09:28:40 PM PDT
Hillary's announcement of her support for E85 ethanol from cor n IS a big business subsidy and scam, no doubt. Other posters have covered this better than I.
But biodiesel has strong possibilities as an alternative transportation fuel, and has roots in the 70s oil crises. There is strong supporting research from NREL (National Renewable Energy Labs). But since it's not produced from heavily subsidized corn, no one flies its banner.
Trojan Nukeer Tower blowed up good..
Sun May 21, 2006 at 10:54:40 AM PDT
Tune in to watch one of the tallest structures in the Pacific Northwest BLOW UP!
http://www.kgw.com/...
Yes, it's the 500 foot tall Trojan nuclear power plant's cooling tower (say that one ten times fast) getting reduced to rubble, rebar, and broken, shattered, chunky-monkey dreams.
Fox News has NO opinion section!
Tue May 09, 2006 at 12:26:14 AM PDT
So I'm sitting around, hating America, supporting the terrorists and reading Al-Jazeera
http://english.aljazeera.net/...
... just for the pictures and perspective on the Iran thing, you understand. I decide to read the editorials, maybe read their statement of ethics, maybe write 'Go Islam' on their comment board..
Classroom in Oregon cleared of students (mostly)
Tue May 02, 2006 at 06:32:46 AM PDT
MAY 1 .. International Worker's Day... and I'm all alone.. in my classroom. Normally I have students. So what happened?