Greece & World Economies
The Dow Jones has tanked the last two days. The reason given is the situation in Greece. Now that's interesting.
This is a list of the top five countries with the highest GDP (US $) for 2010:
United States - $14,526,550 millions.
China - 5,878,257 millions.
Japan - 5,458,797 millions.
Germany - 3,286,451 millions.
France - 2,562,742 millions.
The 2010 GDP of Greece was $305,415 millions. It ranks 32nd among all the other countries, just below Denmark (31st) and just above the United Arab Emirates (33rd).
The question is: Why is an economy so small of such great importance to the other economies of the world, especially the stock market in the United States? Is our economy so badly managed that it is overly influenced by blips in the minor economies of the world? Does this have more political implications than economic implications? Is there anyone in charge that knows what they're doing? Just wondering.
This is a list of the top five countries with the highest GDP (US $) for 2010:
United States - $14,526,550 millions.
China - 5,878,257 millions.
Japan - 5,458,797 millions.
Germany - 3,286,451 millions.
France - 2,562,742 millions.
The 2010 GDP of Greece was $305,415 millions. It ranks 32nd among all the other countries, just below Denmark (31st) and just above the United Arab Emirates (33rd).
The question is: Why is an economy so small of such great importance to the other economies of the world, especially the stock market in the United States? Is our economy so badly managed that it is overly influenced by blips in the minor economies of the world? Does this have more political implications than economic implications? Is there anyone in charge that knows what they're doing? Just wondering.
posted by Donald G Davidson at 6:20 PM
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