Ignore the Obituaries, The U.S. Reign Will Endure
The U.S. economy continues to be positively awe-inspiring compared with the competition. The value of U.S. imports in 2006 was roughly the same as the entire GDP of France. The U.S. is the world's largest exporter; indeed, if all U.S. exporters seceded from the country, they would have the eighth-largest GDP in the world, larger than the entire economy of Canada.
The economy of Brazil is about the size of the economy of Texas (see map above, click to enlarge). The economy of India is about the size of the economy of America's Plains states. The economy of Venezuela is about the size of the economy of Alabama.
The U.S. share of the value of global-equity trading is more than 40%. The total value of trading on the New York Stock Exchange in 2006 was greater than all of Europe's combined. While the Sarbanes-Oxley corporate-governance law may have made the U.S. a less-attractive locale for new issues, the NYSE was still the world leader in total new capital raised in 2006.
Foreign Capital Magnet
The U.S. is still the place that foreign capital wants to be and is the largest receiver of foreign direct investment. Nine of the top 50 transnational financial corporations are American, including the top two (Citigroup Inc. and General Electric Capital Corp.). Thirteen of the top 50 non-financial transnational corporations are American, including four of the top eight: General Electric, General Motors Corp., Exxon Mobil Corp. and Ford Motor Co.
6 Comments:
...this is one of the coolest maps I've ever seen...thanks. It does, however, pale in comparison to this
Here is the same map for Europe.
http://www.news.com.au/travel/images/map_europe.gif
richard..umm...that *is* a map of europe? where's the enlightening bit of information that I'm missing here?
Shawn,
Really?
Since the population of Australia (21m) is similar to that of Florida (18m) this map isn't much of a surprise.
How come the text states that India's GDP is similar to the plains states, yet it doesn't appear on the map anywhere?
Anyhow, it's trends that matter. I think that such a map would show India and China occupying a few state's worth of GDP in 10 or 20 year's time...
R&D is not factored in. Nor is the value of the military. If you include those the US is easily the first nation in history to dominate the entire planet. Throw in the internet and what you have is a world that yearns to be American but won't admit it.
Post a Comment
<< Home