Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

California overtakes Japan to become the world's fourth largest economy

edition.cnn.com

Post reply on HN
Print view View original

61–70 of 116 posts

Re: California overtakes Japan to become the world's fourth largest economy

#61

Post by Dagonfly »

captainmuon wrote: post #41

It's funny that the list includes both California and the US. It would be interesting to compare economies of the same scale, regardless of legal status: If you are considering the US and China, maybe you should include the whole of the EU. And if you are looking at Germany, Japan, ... It makes sense to not only include California, but also to split up other countries. I'm curious how high up Guandong or Shanghai wou…

> I'm curious how high up Guandong or Shanghai would be for example

Surprisingly far down: https://en.wikipedia.org/wiki/List_of_first-level_administra...

California, Texas, England, New York, Guangdong, Jiangsu. Both with slightly smaller GDP than Russia, the 11th largest economy.

More interesting is the PPP table where Guangdong is close to California.

Re: California overtakes Japan to become the world's fourth largest economy

#62

Post by Aeolun »

ninetyninenine wrote: post #16

The title almost implies that CA had some unnatural acceleration to put it past japan. I think it's more that japan has been declining. This won't last once the US population starts declining. We've been held afloat by immigration but even that's running out. Japan was ahead of the curve in terms of modernity. Looking at them is almost like looking at our own future.

Japan’s population will start declining faster than the US though xD we have maybe 10 years before basically the entirety rural population starts dying from old age.

Re: California overtakes Japan to become the world's fourth largest economy

#63

Post by carlmr »

captainmuon wrote: post #41

It's funny that the list includes both California and the US. It would be interesting to compare economies of the same scale, regardless of legal status: If you are considering the US and China, maybe you should include the whole of the EU. And if you are looking at Germany, Japan, ... It makes sense to not only include California, but also to split up other countries. I'm curious how high up Guandong or Shanghai wou…

>The fact that the US and China show up as single countries (and not "continents"/regions) whereas the EU shows up as a bunch of "small" countries is source of a lot of inferiority complex in Europe.

On the one hand, yes, you're right, the EU is more powerful economically as a whole than as individual states. But on the other hand the individual states are a bit less unified than the US or China. So they are a bit more individual in the first place.

Re: California overtakes Japan to become the world's fourth largest economy

#64

Post by maxglute »

Or how JP "plummeted" from 6 trillion economy to 4 trillion because their FX went from 100:1 USD to 160:1 (at peak last year) now 140:1. Still eaking slow growth in yen terms.

JP can still be 1/3 larger than california US compels them to appreciate. I think 140 is probably a good balance for JP exports (high tech) and imports (energy, commodities/inputs).

Or Trump makes USD weaker.

Re: California overtakes Japan to become the world's fourth largest economy

#65

Post by remarkEon »

Aeolun wrote: post #60
remarkEon wrote: post #53

Earlier quoted context omitted.

Fun to see people derive Federalism from first principles.

I mean, a United States of America would be better. But not the Bickering States of America that exists. Might be better to have them all go their own way.

Yes, this was the pre-Civil War intent. There's a vast archive of history here that elaborates in great detail about how the Founders expected the country to be run. All that changed in the late 19th century, and was codified in the early 20th.

Re: California overtakes Japan to become the world's fourth largest economy

#66

Post by grugagag »

b112 wrote: post #47
ninetyninenine wrote: post #22

Earlier quoted context omitted.

All our GDP is in software. We don't know how to make anything except AI and web apps. We wouldn't know what to do with a nuke.

Incredibly wrong. Hollywood is still a thing. Manufacturing, yes manufacturing. Agriculture. The Bay Area is a fraction of that GDP, and a small geographical part of California.

Hollywood is becoming irrelevant fast. At least that’s been the trend as of late.

Re: California overtakes Japan to become the world's fourth largest economy

#67

Post by grugagag »

hackyhacky wrote: post #29
pavlov wrote: post #12

California’s GDP is now twice as large as Russia’s. Yet the President of the United States seems to spend a lot of time trying to make Russians happy, and zero time making Californians happy.

California is anti-American and disloyal, because they voted for the other party. /s Russia, on the other hand, supports the President, so they deserve to be rewarded.

Plus they helped and continue to help the president dismantle or incapacitate his own government.

Re: California overtakes Japan to become the world's fourth largest economy

#68

Post by Ygg2 »

remarkEon wrote: post #55
cenamus wrote: post #50

Earlier quoted context omitted.

In that case, all of Russia GDP is oil and natural gas

Which you can turn into energy, TBD if you can do that with a web app.

You definitely can turn cryptocurrency into heat. That's thermal energy.

Re: California overtakes Japan to become the world's fourth largest economy

#69

Post by bigstrat2003 »

fifilura wrote: post #42
smallnix wrote: post #23

Earlier quoted context omitted.

I doubt its realistic for powerful states like California to cecede. Is there a path from here to a near (think 50 years) future, where California and the US, sans California, exist?

I don't want the US to break up. But I wonder if it wouldn't be more healthy for you if the states grew a bit more independent. It would give the president less power to decide exactly how schools and universities should be run or would open up for social welfare reforms in the states that want it.

It would absolutely be more healthy. One of the big problems facing our country is that we have centralized so much power in the federal government (which wasn't meant to have it), that everything the federal government does becomes super contentious. The election of a president should be, in a better world, relatively boring because the real action is happening at the state or even local levels. But instead, the president has so much power to affect things that the elections become a desperate fight as people perceive it to be an existential threat if the wrong person gets elected.

It's been a long process to get that much power in the federal government - it goes back at least to FDR (so, near a hundred years now), and I've seen arguments that it goes all the way back to the Civil War. But I do firmly believe that the centralizing of power is destroying us. We got away with it when the nation was more united in its values and culture, and even then it could be contentious. But today vast swathes of the country share little to nothing in the way of values or culture. Of course we can't get along when such widely disparate groups of people are tied together and a single government body is controlling large portions of their lives.

Post reply on HN