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You dodged a bullet again. I am still waiting for you to show me any study that talks about the importance of LA's economy to the world. You avoided discussing in depth the Master Card research and the GaWC study because both did not rank LA & San Francisco high in the global economic system. You even called them a joke....well, I guess we all should believe in your irrational thinking because those world-renowned scholars & experts are idiots
Again, Mexico city's GDP is still bigger than S.F's. Is that really important?
Quote:
Originally Posted by 18Montclair
Once again you post diluted stats. Indices that weigh all sorts of peripheral factors but at the end of the day-its the gross product that trumps all other factors when talking about economic relevance and importance.
And as far as Mexico City, The Bay Area has an economy that may have already surpassed Chicagoland-much less Mexico City.
You dodged a bullet again. I am still waiting for you to show me any study that talks about the importance of LA's economy to the world.
Excuse me, LA has the 2nd Largest Economy in the Most Powerful Country in the World. I dont think its LA that needs to explain itself.
Quote:
You avoided discussing in depth the Master Card research and the GaWC study because both did not rank LA & San Francisco high in the global economic system.
The number of Five Star Hotels is not what I call 'in depth' when it comes to determining importance. But that's an actual factor used by Mastercard. No thanks.
Quote:
You even called them a joke....well, I guess we all should believe in your irrational thinking because those world-renowned scholars & experts are idiots
Oh no honey, don't believe me, BELIEVE THE U.S. COMMERCE DEPARTMENT.
Released September 25, 2008
Combined Statistical Area/ Total Gross Product($150B+)
New York-Newark-Bridgeport, NY-NJ-CT-PA $1.284 Trillion Los Angeles-Long Beach-Santa Ana, CA $825.3 Billion
Washington-Baltimore-Hagerstown, DC-MD-VA-WV $500.0 Billion
Chicago-Naperville-Michigan City, IL-IN-WI $490.9 Billion
San Jose-San Francisco-Oakland, CA $475.5 Billion
Boston-Worcester-Manchester, MA-RI-NH $383.8 Billion
Houston-Baytown-Huntsville, TX $344.5 Billion
Dallas-Ft Worth, TX $341.5 Billion
Philadelphia-Camden-Vineland, PA-NJ-DE-MD $330.0 Billion
Atlanta-Sandy Springs-Gainesville, GA-AL $262.6 Billion
Miami-Ft Lauderdale-Pompano Beach, FL $248.0 Billion
Detroit-Warren-Flint, MI $233.0 Billion
Seattle-Tacoma-Olympia, WA $217.9 Billion
Phoenix-Mesa-Scottsdale, AZ $179.4 Billion
Minneapolis-St Paul-St Cloud, MN-WI $186.7 Billion
Denver-Aurora-Boulder, CO $162.3 Billion
San Diego-Carlsbad-San Marcos, CA $157.8 Billion
Quote:
Again, Mexico city's GDP is still bigger than S.F's. Is that really important?
Again, I wouldnt be surprised to read that The Bay Area surpassed has Chicagoland the next time the stats come out in Sep 09-just like DC-Baltimore surpassed Chicagoland last year.
Theyre practically tied as it is... Chicago-Naperville-Michigan City, IL-IN-WI $490.9 Billion
San Jose-San Francisco-Oakland, CA $475.5 Billion
And yet LA is still a beta city just like San Francisco according to GaWC 2008.
Your comment about the MasterCard research is just ridiculous. Like I said, your irrational thinking is second to none. You still failed to explain why MasterCard study does not list LA as one of the 10 world's most important economic centers. Why did they rank New York & Chicago among the top 10?
Hold on to your Combined statistical areas stats. I'd rather use the PricewaterhouseCoopers GDP growth estimates.
Rank City/Urban area Country GDP in US$bn
1 Tokyo Japan 1191
2 New York USA 1133
3 Los Angeles USA 639
4 Chicago USA 460
5 Paris France 460
6 London UK 452
7 Osaka/Kobe Japan 341
8 Mexico City Mexico 315
9 Philadelphia USA 312
10 Washington DC USA 299
11 Boston USA 290
12 Dallas/Fort Worth USA 268
13 Buenos Aires Argentina 245
14 Hong Kong China 244
15 San Francisco/Oakland USA 242
Quote:
Originally Posted by 18Montclair
Excuse me, LA has the 2nd Largest Economy in the Most Powerful Country in the World. I dont think its LA that needs to explain itself.
The number of Five Star Hotels is not what I call 'in depth' when it comes to determining importance. But that's an actual factor used by Mastercard. No thanks.
Theyre practically tied as it is... Chicago-Naperville-Michigan City, IL-IN-WI $490.9 Billion
San Jose-San Francisco-Oakland, CA $475.5 Billion
Last edited by downtown1; 05-21-2009 at 08:42 AM..
And yet LA is still a beta city just like San Francisco according to GaWC 2008.
Yes, as far as office locations of certain law firms, banks, insurance companies and accounting firms, Chicago is an Alpha City. Congratulations. Im so Proud.
No argument here.
Quote:
Your comment about the MasterCard research is just ridiculous. Like I said, your irrational thinking is second to none. You still failed to explain why MasterCard study does not list LA as one of the 10 world's most important economic centers. Why did they rank New York & Chicago among the top 10?
Yes, just as Frankfurt and Singapore are important financial centers, so Chicago is.
But outside of the realm of finance and economics, Chicago, like Frankfurt and Singapore, take a huge, enormous back seat to Los Angeles.
I like DC a lot and while I don't live in the city proper consider it like a 3rd hometown now. So had to represent.
Not to mention it's the most powerful city in the world. Well that's what the radio said when I first moved to VA. "Broadcasting from the most powerful city in the world" I was like cool I live near the most powerful city in the world.
Ha, do you realize how unofficial that list is? Have you even heard of Loughborough University?
Not a slight. But do you think that your more credible?
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