Which of these 4 places can challenge Los Angeles the most? Chicago-Toronto-San Francisco-Washington D.C. (building, NYC)
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Neither does the Bay Area. What Los Angeles (CSA) does have is a larger GDP than all of Northern California and that includes San Francisco, San Jose, Sacramento and everything in between. If the Inland Empire weren't such dead weight, the GDP per capita would be higher too.
Oh spare me the GDP bravado cause Im not impressed.
Apple and Google-2 stinking companies up north, just 2, have a combined Market Cap of $1.1 Trillion. That's bigger than the entire LA CSA GDP. #ouch
In fact, the Bay Area beats all 13 Western States COMBINED in this regard. The world invests more capital in a 50- mile stretch of the SF Peninsula than everywhere else for 1,000 miles in every direction-COMBINED.
How on earth could LA possibly compete with that?
Last edited by 18Montclair; 07-30-2015 at 12:31 AM..
Location: Watching half my country turn into Gilead
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Originally Posted by 18Montclair
Oh spare me the GDP bravado cause Im not impressed.
Apple and Google-2 stinking companies up north, just 2, have a combined Market Cap of $1.1 Trillion. That's bigger than the entire LA CSA GDP. #ouch
In fact, the Bay Area beats all 13 Western States COMBINED in this regard. The world invests more capital in a 50- mile stretch of the SF Peninsula than everywhere else for 1,000 miles in every direction.
How on earth could LA possibly compete with that?
So wait...two "Bay Area" companies have a market cap of $1.1 trillion that's literally defined by New York? AND their services are utilized/made far more profitable down south in Los Angeles? Ouch. The Bay Area really is the nerd of the global economy--begging for respect, but basically whoring themselves out lol.
So wait...two "Bay Area" companies have a market cap of $1.1 trillion that's literally defined by New York? AND their services are utilized/made far more profitable down south in Los Angeles? Ouch. The Bay Area really is the nerd of the global economy--begging for respect, but basically whoring themselves out lol.
This is not really a rebuttal. Please fix and resubmit.
Location: Watching half my country turn into Gilead
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Quote:
Originally Posted by 18Montclair
Haha if LA were on the Bay Area's level, its GDP would skyrocket to $1.446 TRILLION.
So kindly put a sock in it.
But why can't the "Bay Area" be on LAs level? Afterall, it's supposedly more desirable, according to you. So why does it have way less people, less cultural influence and a lesser GDP?
Location: Watching half my country turn into Gilead
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Quote:
Originally Posted by 18Montclair
The point is, LA is not really on the radar of economy watchers in New York. Why would they? There's very little to talk about.
On the other hand, every other day some Wall Street bigshot ia leaving their NY post for more money and potential gain in Silicon Valley.
This is apparently news to you.
No old ass opinion pieces to back this claim up? I'm disappointed, Monty...
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