Quote:
Originally Posted by OneHungLo
Dude New York has a bigger GDP than Australia.
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You Red Hats love to pullout NYC and Cali when it suits you huh?
lets spin it another way.. If you combine the GDP of:
Utah, Nevada, Kansas, Washington, D.C., Arkansas, Nebraska, Mississippi, New Mexico, Hawaii, New Hampshire, West Virginia, Idaho, Delaware, Maine, Rhode Island, North Dakota, Alaska, South Dakota, Montana, Wyoming and Vermont..
You get some where close to Australians GDP, about 1.5 trillion but Aus does that with 10 million less people than those states combined.
According to The Global Wealth Report, Australia over took Switzerland last year as the wealthiest people in the world..
https://www.credit-suisse.com/corpor...th-report.html
Median wealth per adult ($US), 2018 Australia $191,453, where as United States is $61,667
So not only is the average Australian wealthier than the average American.. we make you look like a third world country even though that's the best result America has ever had.. so congratulations!
--- Anyways back to topic
Australia is an excellent barometer as to how China is really doing as we primarily export them raw resources which they turn into consumer shit.
And as I showed in the previous post exports this year are up 20%, you want to know when China is really hurting.. listen for the cries of the Australians because we're first inline as raw resource providers to their economy.
Also note one of the few countries with 2 trillion sitting around for Americas infrastructure build is.. Australia, carrot was already dangled for Trump.
https://www.bloomberg.com/news/artic...from-australia