" The best explanation is that individuals in China are using gold as a substitute for capital flight. .. Not every Chinese citizen is in the position to export cash, so the next best tactic for the nervous is to buy gold, a refuge from plunging property prices and declining stock markets as well as an anticipated depreciation of their currency."
http://www.forbes.com/sites/gordonchang/2012/01/29/why-are-the-chinese-buying-record-quantities-of-gold/
Monday, January 30, 2012
Sunday, January 29, 2012
Will Argentina invade the Falklands again?
"In an interview with The Sunday Telegraph, the former head of the army, General Sir Michael Jackson, says defence cuts have made it "impossible" to win the islands back after a successful invasion, in the way the British task force did in 1982. "
--http://www.telegraph.co.uk/news/worldnews/southamerica/falklandislands/9046826/Britain-could-not-reclaim-the-Falklands-if-Argentina-invades-warns-General-Sir-Michael-Jackson.html
--http://www.telegraph.co.uk/news/worldnews/southamerica/falklandislands/9046826/Britain-could-not-reclaim-the-Falklands-if-Argentina-invades-warns-General-Sir-Michael-Jackson.html
The ultra-rich do their part to help the economy
"As the country tightens it's belt, Britain's super rich - the 1% of the 1% - are spending like never before. Why? Because someone has to ...
The yachts, the mansions, the handbags are so much more than decadent fripperies. They plough hundreds of millions into the British economy, employing thousands. Listen to Roxburgh, the triumphant party organiser of 2011: “One very charming client said to me that she viewed entertaining as the new philanthropy. She said: ‘I know that if I spend hundreds of thousands on an event, I am not just entertaining my guests, I am paying the mortgages of everyone working there. I could keep the money in the bank, helping nobody. At least this way I know the florist is feeding his children.’ ”
--http://www.telegraph.co.uk/finance/recession/9025468/The-recession-deniers.html
The yachts, the mansions, the handbags are so much more than decadent fripperies. They plough hundreds of millions into the British economy, employing thousands. Listen to Roxburgh, the triumphant party organiser of 2011: “One very charming client said to me that she viewed entertaining as the new philanthropy. She said: ‘I know that if I spend hundreds of thousands on an event, I am not just entertaining my guests, I am paying the mortgages of everyone working there. I could keep the money in the bank, helping nobody. At least this way I know the florist is feeding his children.’ ”
--http://www.telegraph.co.uk/finance/recession/9025468/The-recession-deniers.html
Saturday, January 28, 2012
GDP and the national debt
The GDP of the US is now $15,294 billion. The national debt is now at $15,236 billion. So the debt hasn't yet hit 100% of GDP but it will any day now.
Update: The national debt hit $15,295 billion on 1/30/2012. So yesterday the national debt officially hit 100% of GDP.
Update: The national debt hit $15,295 billion on 1/30/2012. So yesterday the national debt officially hit 100% of GDP.
Top 60 Cities, Version 6
Another listing, influenced by the Knight Report. 60 seems like a better number than 50 to list all the important cities.
- New York City (1)
- London (7)
- Tokyo (2)
- Singapore (9)
- Shanghai (3)
- Beijing (11)
- Paris (12)
- Toronto (13)
- Seoul (4)
- Chicago (5)
- Hong Kong (6)
- Washington DC (16)
- Sao Paulo (8)
- Los Angeles (18)
- Moscow (10)
- San Francisco (15)
- Mexico City (19)
- Sydney (23)
- Mumbai (14)
- Zurich (20)
- Taipei (26)
- Buenos Aires (17)
- Osaka (21)
- Berlin (29)
- Brussels (30)
- Boston (22)
- Frankfurt (32)
- Guangzhou (24)
- Istanbul (34)
- Madrid (25)
- Miami (36)
- Dallas (27)
- Houston (28)
- Montreal (33)
- Vancouver (35)
- Rio de Janeiro (31)
- Philadelphia (37)
- Dubai (43)
- Delhi (38)
- Atlanta (39)
- Melbourne (40)
- Vienna (41)
- Geneva (42)
- Munich (48)
- Kuala Lumpur (50)
- Amsterdam (44)
- Stockholm (45)
- Cairo (53)
- Bogota (55)
- Jakarta (54)
- Jersey (46)
- Shenzhen (47)
- Bangkok (57)
- Barcelona (49)
- Milan (60)
- Manila (51)
- Johannesburg (58)
- Dublin (80)
- Santiago (59)
- Copenhagen (77)
Space Industry in the Isle of Man
"THE space industry is a sector that until the 21st century would not have been associated with the Isle of Man.
But things have certainly changed in a big way during the past decade.
Tim Craine, Director of the Business Development Agency for the Isle of Man Government, admits the talk of the Island being associated with space commerce would have been "science fiction" just a few years ago.
But the truth is stranger than fiction - and can be far more interesting.
Mr Craine gave a fascinating presentation to the Junior Chamber of Commerce last night at the Claremount Hotel, Douglas, about the development of the space industry.
There are numerous firms now based here and one of them - Excalibur Almaz - plans to offer trips round the moon and back for space tourists at a cost of $31m.
Recently aerospace market and consultancy analyst firm ASCEND declared the Island the fifth most likely nation to return to the moon.
Meanwhile a report by the Economic Policy Centre said the UK should follow the example of the Isle of Man and the US when it comes to its space industry.
Mr Craine outlined that it was back in 2000 when the Isle of Man Government entered into an agreement with ManSat to file for orbital slots.
And in 2003 it appointed ManSat's chairman and CEO Chris Stott as the Island's honorary respresentative to the space industry.
The following year zero corporate tax was introduced for space activities.
The Isle of Man Government has attracted firms here due to the zero per cent corporate tax, government grants, the Island's political stability, commercially friendly legislation and its state of the art telecommuncations infrastructure.
Over the years the industry has grown and last year the world's five largest satellite operators established the Space Data Association in the Isle of Man.
Between 2005 to 2013 it is estimated the exchequer will benefit £34,944,363 from the space industry while it is estimated that between 2011 to 2013 the private sector income would be £1,194,604,558.
What may surprise some is that despite a number of space commerce firms having a presence in the Island, the industry only employs the equivalent of 16 full time jobs here at the moment.
But the Island's reputation has spread - the Google Lunar X Prize team summit was held here last week with the majority of 22 registered teams from around the world visiting.
The ensuing media coverage was worth - in advertising terms - just under £250,000.
And even the world's second ever space tourist is a resident in the Isle of Man.
So it is fair to say that the Island's rise as a space super power has been truly out of this world."
--http://www.isleofman.com/news/article.aspx?article=29870
But things have certainly changed in a big way during the past decade.
Tim Craine, Director of the Business Development Agency for the Isle of Man Government, admits the talk of the Island being associated with space commerce would have been "science fiction" just a few years ago.
But the truth is stranger than fiction - and can be far more interesting.
Mr Craine gave a fascinating presentation to the Junior Chamber of Commerce last night at the Claremount Hotel, Douglas, about the development of the space industry.
There are numerous firms now based here and one of them - Excalibur Almaz - plans to offer trips round the moon and back for space tourists at a cost of $31m.
Recently aerospace market and consultancy analyst firm ASCEND declared the Island the fifth most likely nation to return to the moon.
Meanwhile a report by the Economic Policy Centre said the UK should follow the example of the Isle of Man and the US when it comes to its space industry.
Mr Craine outlined that it was back in 2000 when the Isle of Man Government entered into an agreement with ManSat to file for orbital slots.
And in 2003 it appointed ManSat's chairman and CEO Chris Stott as the Island's honorary respresentative to the space industry.
The following year zero corporate tax was introduced for space activities.
The Isle of Man Government has attracted firms here due to the zero per cent corporate tax, government grants, the Island's political stability, commercially friendly legislation and its state of the art telecommuncations infrastructure.
Over the years the industry has grown and last year the world's five largest satellite operators established the Space Data Association in the Isle of Man.
Between 2005 to 2013 it is estimated the exchequer will benefit £34,944,363 from the space industry while it is estimated that between 2011 to 2013 the private sector income would be £1,194,604,558.
What may surprise some is that despite a number of space commerce firms having a presence in the Island, the industry only employs the equivalent of 16 full time jobs here at the moment.
But the Island's reputation has spread - the Google Lunar X Prize team summit was held here last week with the majority of 22 registered teams from around the world visiting.
The ensuing media coverage was worth - in advertising terms - just under £250,000.
And even the world's second ever space tourist is a resident in the Isle of Man.
So it is fair to say that the Island's rise as a space super power has been truly out of this world."
--http://www.isleofman.com/news/article.aspx?article=29870
Worldwide Centers of Commerce
- London
- New York
- Tokyo
- Singapore
- Chicago
- Hong Kong
- Paris
- Frankfurt
- Seoul
- Amsterdam
- Madrid
- Sydney
- Toronto
- Copenhagen
- Zurich
- Stockholm
- Los Angeles
- Philadelphia
- Osaka
- Milan
- Boston
- Taipei
- Berlin
- Shanghai
- Atlanta
- Vienna
- Munich
- San Francisco
- Miami
- Brussels
- Dublin
- Montreal
- Hamburg
- Houston
- Dallas
- Washington DC
- Vancouver
- Barcelona
- Dusseldorf
- Geneva
- Melbourne
- Bangkok
- Edinburgh
- Dubai
- Tel Aviv
- Lisbon
- Rome
- Mumbai
- Prague
- Kuala Lumpur
- Moscow
- Budapest
- Santiago
- Mexico City
- Athens
- Sao Paulo
- Beijing
- Johannesburg
- Warsaw
- Shenzhen
- New Delhi
- Bogota
- Buenos Aires
- Istanbul
- Rio de Janeiro
- Bangalore
- St. Petersburg
- Jakarta
- Riyadh
- Cairo
- Manila
- Chengdu
- Chongqing
- Beirut
- Caracas
From: http://www.mastercard.com/us/company/en/insights/pdfs/2008/MCWW_WCoC-Report_2008.pdf
Yet Another List of the Top Global Cities
- New York
- London
- Paris
- Tokyo
- Brussels
- Los Angeles
- Singapore
- Beijing
- Toronto
- Berlin
- Chicago
- Washington DC
- Seoul
- Frankfurt
- Sydney
- San Francisco
- Hong Kong
- Shanghai
- Mexico City
- Bangkok
- Moscow
- Zurich
- Munich
- Taipei
- Sao Paulo
- Buenos Aires
- Istanbul
- Milan
- Boston
- Miami
- Cairo
- Dubai
- Kuala Lumpur
- Tel Aviv
- Bogota
- Rio de Janeiro
- New Delhi
- Mumbai
- Jakarta
- Johannesburg
Source: http://www.knightfrank.com/wealthreport/2011/global-cities-survey/
Top 50 Cities, Version 5
Here is yet another list of the top cities. I was going to do the top 200 but this is a lot of work and I lost interest. This is based heavily on population, but each city's ranking must be within 5 of the previous list. The number in brackets is the population of the metro area, in thousands.
Jersey is listed as 46 here. The only reason it is listed is that it was ranked 21 on the list of top Global Financial Centres. Likewise, Geneva, here 42, was listed as 13 of the GFCs.
It is interesting to see the changes in the composition of the top 50.
List 1 to List 2: Edinburgh, Glasgow, Copenhagen, Cairo dropped. Melbourne, Guernsey and Isle of Man added.
List 2 to List 3: Rome dropped, Edinburgh re-added.
List 3 to List 4: Edinburgh re-dropped, Isle of Man dropped. Shenzhen and Munich added.
List 4 to List 5: Guernsey dropped, Kuala Lumpur added.
Top 50 GFCs that are not in my list are: Wellington(NZ), Luxembourg, Qatar, Guernsey, Edinburgh, Glasgow, Copenhagen, Oslo, Helsinki, Isle of Man, Hamilton (Bermuda), Dublin, British Virgin Islands, Cayman Islands, and Milan.
There are replaced (not in the same order) by cities that I think are more global cities: Moscow, Mumbai, Buenos Aires, Los Angeles, Guangzhou, Dallas, Houston, Berlin, Rio de Janeiro, Istanbul, Miami, Philadelphia, Delhi, Atlanta, Barcelona.
Alpha World Cities that are not on my list are: Milan, Bangkok, Dublin, Jakarta, Johannesburg, Lisbon, Santiago, and Warsaw. Cities on my list that are not Alpha World Cities are: Osaka, Guangzhou, Berlin, Rio de Janeiro, Houston, Montreal, Vancouver, Geneva, Stockholm, Jersey, Shenzhen
Jersey is listed as 46 here. The only reason it is listed is that it was ranked 21 on the list of top Global Financial Centres. Likewise, Geneva, here 42, was listed as 13 of the GFCs.
It is interesting to see the changes in the composition of the top 50.
List 1 to List 2: Edinburgh, Glasgow, Copenhagen, Cairo dropped. Melbourne, Guernsey and Isle of Man added.
List 2 to List 3: Rome dropped, Edinburgh re-added.
List 3 to List 4: Edinburgh re-dropped, Isle of Man dropped. Shenzhen and Munich added.
List 4 to List 5: Guernsey dropped, Kuala Lumpur added.
- New York City (2) [19,425]
- Tokyo (7) [36,669]
- Shanghai (5) [16,575]
- Seoul (8) [9,773]
- Chicago (3) [9,204]
- Hong Kong (1) [7,069]
- London (6) [8,631]
- Sao Paulo (13) [20,262]
- Singapore (4) [4,837]
- Moscow (12) [10,550]
- Beijing (16) [12,385]
- Paris (14) [10,485]
- Toronto (9) [5,449]
- Mumbai (19) [20,041]
- San Francisco (10) [3,541]
- Washington DC (11) [4,460]
- Buenos Aires (22) [13,074]
- Los Angeles (21) [12,762]
- Mexico City (24) [19,460]
- Zurich (15) [2,000]
- Osaka-Kobe (20) [11,337]
- Boston (17) [4,593]
- Sydney (18) [4,429]
- Guangzhou (26)[8,884]
- Madrid (28) [5,851]
- Taipei (31) [6,900]
- Dallas (29) [4,951]
- Houston (23) [4,605]
- Berlin (32) [4,430]
- Brussels (25) [1,090]
- Rio de Janeiro (35) [11,950]
- Frankfurt (27) [2,300]
- Montreal (33) [3,783]
- Istanbul (39) [10,525]
- Vancouver (30) [2,117]
- Miami (34) [5,750]
- Philadelphia (42) [5,626]
- Delhi (43) [22,157]
- Atlanta (36) [4,691]
- Melbourne (38) [3,853]
- Vienna (45) [2400]
- Geneva (37) [191]
- Dubai (40) [2262]
- Amsterdam (46) [2159]
- Stockholm (44) [2100]
- Jersey (41) [98]
- Shenzhen (48) [9,005]
- Munich (49) [1353]
- Barcelona (50) [5,083]
- Kuala Lumpur (54) [7200]
- Manila (58) [11,628]
- Guernsey (47)
- Cairo (66) [11,001]
- Jakarta (56) [9,210]
- Bogota (67) [8,500]
Top 50 GFCs that are not in my list are: Wellington(NZ), Luxembourg, Qatar, Guernsey, Edinburgh, Glasgow, Copenhagen, Oslo, Helsinki, Isle of Man, Hamilton (Bermuda), Dublin, British Virgin Islands, Cayman Islands, and Milan.
There are replaced (not in the same order) by cities that I think are more global cities: Moscow, Mumbai, Buenos Aires, Los Angeles, Guangzhou, Dallas, Houston, Berlin, Rio de Janeiro, Istanbul, Miami, Philadelphia, Delhi, Atlanta, Barcelona.
Alpha World Cities that are not on my list are: Milan, Bangkok, Dublin, Jakarta, Johannesburg, Lisbon, Santiago, and Warsaw. Cities on my list that are not Alpha World Cities are: Osaka, Guangzhou, Berlin, Rio de Janeiro, Houston, Montreal, Vancouver, Geneva, Stockholm, Jersey, Shenzhen
Friday, January 27, 2012
Top 175 Cities
This is based heavily on the skyline ratings.
- Hong Kong (3)
- New York City (2)
- Chicago (7)
- Singapore (4)
- Shanghai (9)
- London (1)
- Tokyo (6)
- Seoul (13)
- Toronto (12)
- San Francisco (8)
- Washington DC (9)
- Moscow (17)
- São Paulo (18)
- Paris (10)
- Zurich (11)
- Beijing (21)
- Boston (14)
- Sydney (15)
- Mumbai (24)
- Osaka (23)
- Los Angeles (16)
- Buenos Aires (25)
- Houston (26)
- Mexico City (19)
- Brussels (20)
- Guangzhou (28)
- Frankfurt (22)
- Madrid (27)
- Dallas/Ft Worth (32)
- Vancouver (35)
- Taipei (30)
- Berlin (29)
- Montreal (31)
- Miami (34)
- Rio de Janeiro (37)
- Atlanta (39)
- Geneva (33)
- Melbourne (43)
- Istanbul (44)
- Dubai (45)
- Jersey (36)
- Philadelphia (40)
- Delhi/New Delhi (38)
- Stockholm (41)
- Vienna (46)
- Amsterdam (44)
- Guernsey (42)
- Shenzhen (53)
- Munich (52)
- Barcelona (50)
- Bangkok (65)
- Edinburgh (49)
- Isle of Man (48)
- Kuala Lumpur (59)
- Glasgow (51)
- Jakarta (66)
- Tianjin (72)
- Manila (67)
- Santiago (84)
- Seattle (69)
- Honolulu (86)
- Doha/Lusail, Qatar (77)
- Tel Aviv / Yaffo (71)
- Denver (76)
- Minneapolis (74)
- Cairo (68)
- Bogota (89)
- Caracas (93)
- Calgary (91)
- Pittsburgh (90)
- Detroit (94)
- Johannesburg (63)
- Brisbane (98)
- Wellington (54)
- Rome (55)
- Luxembourg (56)
- Copenhagen (57)
- Oslo (58)
- Helsinki (60)
- Dublin (61)
- Milan (62)
- Manama, Bahrain (64)
- St. Petersburg (107)
- Phoenix (70)
- San Diego/Tijuana (75)
- Warsaw (80)
- Prague (81)
- Riyadh (82)
- Auckland (83)
- Hamburg (85)
- Dusseldorf (87)
- Abu Dhabi (113)
- Kolkata (88)
- Jeddah (95)
- Hamilton, Bermuda (73)
- Busan (119)
- Lima (96)
- Brasilia (97)
- Brisbane (98)
- Stuttgart (99)
- Portland, OR (100)
- Road Town, British Virgin Islands (78)
- George Town, Cayman Islands (79)
- Chongqing (122)
- Macao (128)
- Yokohama (129)
- Kuwait City (127)
- Gibraltar (101)
- Monaco (102)
- Lisbon (103)
- Talinn (104)
- Port Louis, Mauritius (105)
- Malta (106)
- Nassau, Bahamas (108)
- Budapest (109)
- Reykjavik (110)
- Athens (111)
- Bangalore (112)
- Panama City (144)
- Karachi (114)
- Monterrey (115)
- Charlotte, NC (116)
- Cape Town (117)
- Ho Chi Min City (118)
- Chennai, India (120)
- St. Louis, MO (121)
- Wuhan, China (146)
- Gold Coast City (147)
- Curitiba, Brazil (none)
- Las Vegas (143)
- Nanjing, China (none)
- Dalian, China (none)
- Xiamen, China (none)
- Kyiv, Ukraine (none)
- Fortaleza, Brazil (none)
- Incheon, South Korea (149)
- Benidorm, Spain (none)
- Salvador, Brazil (none)
- Qingdao, China (none)
- Penang Island, Malaysia (150)
- Chengu, China (none)
- Sharjah, UAE (none)
- Shenyang, China (none)
- Kaohsiung, Taiwan (none)
- Hangzhou, China (none)
- Campinas, Brazil (none)
- Yekaterinburg, Russia (none)
- Belo Horizonte, Brazil (none)
- Ankara, Turkey (none)
- Belneario Camboriu, Brazil (none)
- Rotterdam (none)
- Xian, China (none)
- Porto Alegre, Brazil (none)
- Harbin, China (none)
- Rosario, Argentina (none)
- Minsk, Belarus (none)
- Tampa, FL (113)
- Hyderabad, India (124)
- Bern, Switzerland (125)
- Lyon, France (130)
- Ottawa (131)
- Lagos (132)
- Brunei (133)
- Sacramento, CA (134)
- Kansas City, MO (135)
- Brakin (Brazzaville-Kinshasa) (136)
- Durban, South Africa (137)
- Nairobi, Kenya (138)
- San Antonio, TX (139)
- Orlando, FL (140)
- Cincinnati, OH (141)
- Cleveland, OH (142)
- Recife, Brazil (145)
- Daegu, South Korea (148)
- Perth, Australia (none)
Top 150 Cities
This is based heavily on the Global Financial Center Rankings. Cities in the top 50 on the previous list do not change more than 5 places, and other cities do not change more than 25. Previous ranking in parenthesis.
- London (4)
- New York City (1)
- Hong Kong (3)
- Singapore (7)
- Shanghai (9)
- Tokyo (2)
- Chicago (6)
- San Francisco (10)
- Washington DC (5)
- Paris (8)
- Zurich (16)
- Toronto (17)
- Seoul (14)
- Boston (12)
- Sydney (13)
- Los Angeles (11)
- Moscow (18)
- Sao Paolo (19)
- Mexico City (20)
- Brussels (15)
- Beijing (24)
- Frankfurt (27)
- Osaka (23)
- Mumbai (21)
- Buenos Aires (22)
- Houston (25)
- Madrid (26)
- Guangzhou (28)
- Berlin (29)
- Taipei (35)
- Montreal (36)
- Dallas/Ft Worth (30)
- Geneva (38)
- Miami (31)
- Vancouver (40)
- Jersey (41)
- Rio de Janeiro (32)
- Delhi/New Delhi (33)
- Atlanta (34)
- Philadelphia (37)
- Stockholm (46)
- Guernsey (42)
- Melbourne (48)
- Istanbul (39)
- Dubai (49)
- Vienna (45)
- Amsterdam (44)
- Isle of Man (43)
- Edinburgh (51)
- Barcelona (47)
- Glasgow (52)
- Munich (57)
- Shenzhen (60)
- Wellington (62)
- Rome (50)
- Luxembourg (63)
- Copenhagen (53)
- Oslo (74)
- Kuala Lumpur (58)
- Helsinki (70)
- Dublin (66)
- Milan (69)
- Johannesburg (61)
- Manama, Bahrain (85)
- Bangkok (65)
- Jakarta (59)
- Manila (55)
- Cairo (54)
- Seattle (56)
- Phoenix (64)
- Tel Aviv (67)
- Tianjin (68)
- Hamilton, Bermuda (91)
- Minneapolis (72)
- San Diego/Tijuana (73)
- Denver (71)
- Doha/Lusail, Qatar (101)
- Road Town, British Virgin Islands (93)
- George Town, Cayman Islands (94)
- Warsaw (114)
- Prague (116)
- Riyadh (92)
- Auckland (75)
- Santiago (76)
- Hamburg (77)
- Honolulu (79)
- Dusseldorf (80)
- Kolkata (81)
- Bogota (82)
- Pittsburgh (83)
- Calgary (84)
- Tehran (86)
- Caracas (87)
- Detroit (88)
- Jeddah (90)
- Lima (95)
- Brasilia (96)
- Brisbane (97)
- Stuttgart (98)
- Portland, OR (99)
- Gibraltar (none)
- Monaco (none)
- Lisbon (none)
- Talinn (none)
- Port Louis, Mauritius (none)
- Malta (none)
- St. Petersburg (121)
- Nassau, Bahamas (none)
- Budapest (none)
- Reykjavik (none)
- Athens (none)
- Bangalore (100)
- Abu Dhabi (102)
- Karachi (103)
- Monterrey (105)
- Charlotte, NC (106)
- Cape Town (107)
- Ho Chi Min City (88)
- Busan (90)
- Chennai, India(110)
- St. Louis, MO (92)
- Chonqing, China (112)
- Tampa, FL (113)
- Hyderabad, India (115)
- Bern, Switzerland (117)
- Dhaka, Bangladesh (118)
- Kuwait City (119)
- Macao (120)
- Yokohama (122)
- Lyon, France (123)
- Ottawa (124)
- Lagos (125)
- Brunei (none)
- Sacramento, CA (none)
- Kansas City, MO (none)
- Brakin (Brazzaville-Kinshasa) (none)
- Durban, South Africa (none)
- Nairobi, Kenya (none)
- San Antonio, TX (none)
- Orlando, FL (none)
- Cincinnati, OH (none)
- Cleveland, OH (none)
- Las Vegas, NV (none)
- Panama City (none)
- Recife, Brazil (none)
- Wuhan (none)
- Gold Coast City, Australia (none)
- Daegu, South Korea (none)
- Incheon, South Korea (none)
- Penang Island, Malaysia (none)
The top 50 economies of the world in 2050
#1 China $25.3 tn (apparently includes Hong Kong, Macau and Taiwan)
#2 United States $22.3 tn
#3 India $8.1 tn
#4 Japan $6.4 tn
#5 Germany $3.7 tn
#6 United Kingdom $3.6 tn
#7 Brazil $3.0 tn
#8 Mexico $2.8 tn
#9 France $2.8 tn
#10 Canada $2.3 tn
#11 Italy $2.2 tn
#12 Turkey $2.1 tn
#13 South Korea $2.1 tn
#14 Spain $2.0 tn
#15 Russia $1.9 tn
#16 Philippines $1.7 tn
#17 Indonesia $1.5 tn
#18 Australia $1.5 tn
#19 Argentina $1.5 tn
#20 Egypt $1.2 tn
#21 Malaysia $1.2 tn
#22 Saudi Arabia $1.1 trillion
#23 Thailand $856 bn
#24 Netherlands $798 bn
#25 Poland $786 bn
#26 Peru $735 bn
#27 Iran $732 bn
#28 Colombia $725 bn
#29 Switzerland $711 bn
#30 Pakistan $675 bn
#31 Bangladesh $673 bn
#32 Chile $592 bn
#33 Venezuela $558 bn
#34 Algeria: $538 bn
#35 South Africa $529 bn
#36 Austria $520 bn
#37 Nigeria $515 bn
#38 Sweden: $507 bn
#39 Belgium: $481 bn
#40 Ukraine: $462 bn
#41 Vietnam: $451 bn
#42 Singapore: $441 bn
#43 Greece: $424 bn
#44 Israel: $402 bn
#45 Ireland: $386 bn
#46 Romania: $377 bn
#47 United Arab Emirates: $360 bn
#48 Norway: $352 bn
#49 Czech Republic $342 billion
#50 Portugal: $336 billion
Source: http://www.businessinsider.com/these-economies-will-dominate-the-world-in-2050-2012-1#
#2 United States $22.3 tn
#3 India $8.1 tn
#4 Japan $6.4 tn
#5 Germany $3.7 tn
#6 United Kingdom $3.6 tn
#7 Brazil $3.0 tn
#8 Mexico $2.8 tn
#9 France $2.8 tn
#10 Canada $2.3 tn
#11 Italy $2.2 tn
#12 Turkey $2.1 tn
#13 South Korea $2.1 tn
#14 Spain $2.0 tn
#15 Russia $1.9 tn
#16 Philippines $1.7 tn
#17 Indonesia $1.5 tn
#18 Australia $1.5 tn
#19 Argentina $1.5 tn
#20 Egypt $1.2 tn
#21 Malaysia $1.2 tn
#22 Saudi Arabia $1.1 trillion
#23 Thailand $856 bn
#24 Netherlands $798 bn
#25 Poland $786 bn
#26 Peru $735 bn
#27 Iran $732 bn
#28 Colombia $725 bn
#29 Switzerland $711 bn
#30 Pakistan $675 bn
#31 Bangladesh $673 bn
#32 Chile $592 bn
#33 Venezuela $558 bn
#34 Algeria: $538 bn
#35 South Africa $529 bn
#36 Austria $520 bn
#37 Nigeria $515 bn
#38 Sweden: $507 bn
#39 Belgium: $481 bn
#40 Ukraine: $462 bn
#41 Vietnam: $451 bn
#42 Singapore: $441 bn
#43 Greece: $424 bn
#44 Israel: $402 bn
#45 Ireland: $386 bn
#46 Romania: $377 bn
#47 United Arab Emirates: $360 bn
#48 Norway: $352 bn
#49 Czech Republic $342 billion
#50 Portugal: $336 billion
Source: http://www.businessinsider.com/these-economies-will-dominate-the-world-in-2050-2012-1#
City-States are the future
"In his book The End of the Nation State, Japanese business guru Kenichi Ohmae speaks of a borderless economy. He argues that, in the future, you might have several hundred city states which will replace nation states. If you consider Hong Kong, for example, as an illustration, or Barcelona, or London, or indeed New York. These are global cities; they point outwards into the global marketplace. They do not have that much to do with the hinterland, the nation of which they are a part."
--http://www.fathom.com/course/10701014/session2.html
--http://www.fathom.com/course/10701014/session2.html
Thursday, January 26, 2012
Top 125 Cities
Revised List. Cities in the top 50 on the previous list will not change more than 5 places. Cities in the top 100 will not change more than 25 places. Previous ranking in parenthesis.
- New York City (1)
- Tokyo (4)
- Hong Kong (5)
- London (2)
- Washington DC (3)
- Chicago (7)
- Singapore (9)
- Paris (8)
- Shanghai (11)
- San Francisco (12)
- Los Angeles (6)
- Boston (15)
- Sydney (18) [Ranked #15 as a GFC]
- Seoul (19)
- Brussels (10)
- Zurich (13) [Ranked #8 as a GFC]
- Toronto/Mississauga (22)
- Moscow (20)
- Sao Paolo (14)
- Mexico City (16)
- Mumbai (26)
- Buenos Aires (17)
- Osaka (27)
- Beijing (21)
- Houston (29)
- Madrid (25)
- Frankfurt (23) [Ranked #16 as a GFC]
- Guangzhou (33)
- Berlin (24)
- Dallas/Ft Worth (31)
- Miami (36)
- Rio de Janeiro (35)
- Delhi/New Delhi (28)
- Atlanta (34)
- Taipei (30)
- Montreal (39)
- Philadelphia (32)
- Geneva (37) [Ranked #13 as a GFC]
- Istanbul (41)
- Vancouver (42) [Ranked #17 as a GFC]
- Jersey (38) [Ranked #21 as a GFC]
- Guernsey (38) [Ranked #31 as a GFC]
- Isle of Man (38)[Ranked #40 as a GFC]
- Amsterdam (43)
- Vienna (40)
- Stockholm (44)
- Barcelona (45)
- Melbourne (52) [Ranked #18 as a GFC]
- Dubai (46) [Ranked #36 as a GFC]
- Rome (47)
- Edinburgh (48) [Ranked #32 as a GFC]
- Glasgow (48) [Ranked #33 as a GFC]
- Copenhagen (49)
- Cairo (50)
- Manila (51)
- Seattle (53)
- Munich (55)
- Kuala Lumpur (56)
- Jakarta (65)
- Shenzhen (66)
- Johannesburg (77)
- Wellington, New Zealand (60) [Ranked #27 as a GFC]
- Luxembourg (75) [Ranked #29 as a GFC]
- Phoenix (58)
- Bangkok (64)
- Dublin (78)
- Tel Aviv (81)
- Tianjin (68)
- Milan (89)
- Helsinki (83)
- Denver (67)
- Minneapolis (54)
- San Diego/Tijuana (59)
- Oslo (82)
- Auckland (60)
- Santiago (73)
- Hamburg (none)
- Minneapolis (54)
- Honolulu (none)
- Dusseldorf (none)
- Kolkata, India (57)
- Bogota (80)
- Pittsburgh (none)
- Calgary (none)
- Manama, Bahrain (61) [Ranked #55 as a GFC]
- Tehran, Iran (62)
- Caracas, Venezuela (none)
- Detroit (87)
- Jakarta, Indonesia (65)
- Jeddah, Saudi Arabia (none)
- Hamilton, Bermuda (70) [Ranked #41 as a GFC]
- Riyadh, Saudi Arabia (69)
- Road Town, BVI (70) [Ranked #45 as a GFC]
- George Town, Cayman Islands (70) [Ranked #46 as a GFC]
- Lima, Peru (71)
- Brasilia, Brazil (72)
- Brisbane, Australia (none)
- Stuttgart, Germany (none)
- Portland, OR (99)
- Bangalore (76)
- Doha, Qatar (93) [Ranked #30 as a GFC]
- Abu Dhabi (98)
- Karachi, Pakastan (79)
- Bogota, Colombia (80)
- Monterrey, Mexico (84)
- Charlotte, NC (85)
- Cape Town, South Africa (86)
- Ho Chi Min City, Vietnam (88)
- Busan, Korea (90)
- Chennai, India (91)
- St. Louis, MO (92)
- Chonqing, China (94)
- Tampa, FL (95)
- Warsaw (96)
- Hyderabad, India (97)
- Prague (100)
- Bern, Switzerland (none)
- Dhaka, Bangladesh (none)
- Kuwait City (none)
- Macao (none)
- St. Petersburg, Russia (none)
- Yokohama (none)
- Lyon, France (none)
- Ottawa, Canada (none)
- Lagos, Nigeria (none)
Wednesday, January 25, 2012
Largest Cities in Africa
These are in reverse order, with the largest at the bottom:
50 - N'Djamena, Chad
Port Elizabeth, South Africa
Monrovia, Liberia
Maiduguri, Nigeria
Fes, Morocco
Cotonou, Benin
Freetown, Sierra Leone
Tripoli, Libya
Port Harcourt, Nigeria
Benin City, Nigeria
Oran, Algeria
Brazzaville, Congo
Mogadishu, Somalia
Mbuji Mayi, DR Congo
Lubumbashi, DR Congo
Kumasi, Ghana
Kaduna, Nigeria
Conakry, Guinea
Ouagadougou, Burkina Faso
Yaounde, Cameroon
Lusaka, Zambia
Antananarivo, Madagascar
Rabat, Moroco
Maputo, Mozambique
Bamako, Mali
Kampala, Uganda
Abuja, Nigeria
Douala, Cameroon
Harare, Zimbabwe
Tunis, Tunisia
Pretoria, South Africa
Dakar, Senegal
Luanda, Angola
Algiers, Algeria
Dar es Salaam, Tanzania
Addis Ababa, Ethiopia
Ibadan, Nigeria
Kano, Nigeria
Nairobi, Kenya
Accra, Ghana
Durban, South Africa
Cape Town, South Africa
Casablanca, Morocco
Abidjan, Cote d'Ivoire
Alexandria, Egypt
Khartoum, Sudan
Johannesburg, South Africa
Kinshasa, DR Congo
Lagos, Nigeria
1. Cairo, Egypt
50 - N'Djamena, Chad
Port Elizabeth, South Africa
Monrovia, Liberia
Maiduguri, Nigeria
Fes, Morocco
Cotonou, Benin
Freetown, Sierra Leone
Tripoli, Libya
Port Harcourt, Nigeria
Benin City, Nigeria
Oran, Algeria
Brazzaville, Congo
Mogadishu, Somalia
Mbuji Mayi, DR Congo
Lubumbashi, DR Congo
Kumasi, Ghana
Kaduna, Nigeria
Conakry, Guinea
Ouagadougou, Burkina Faso
Yaounde, Cameroon
Lusaka, Zambia
Antananarivo, Madagascar
Rabat, Moroco
Maputo, Mozambique
Bamako, Mali
Kampala, Uganda
Abuja, Nigeria
Douala, Cameroon
Harare, Zimbabwe
Tunis, Tunisia
Pretoria, South Africa
Dakar, Senegal
Luanda, Angola
Algiers, Algeria
Dar es Salaam, Tanzania
Addis Ababa, Ethiopia
Ibadan, Nigeria
Kano, Nigeria
Nairobi, Kenya
Accra, Ghana
Durban, South Africa
Cape Town, South Africa
Casablanca, Morocco
Abidjan, Cote d'Ivoire
Alexandria, Egypt
Khartoum, Sudan
Johannesburg, South Africa
Kinshasa, DR Congo
Lagos, Nigeria
1. Cairo, Egypt
Best Cities in America
- Raleigh, NC
- Arlington, VA
- Honolulu, HI
- Scottsdale, AZ
- Irvine, CA
- Washington, DC
- San Diego, CA
- Virginia Beach, VA
- San Francisco, CA
- Anchorage, AK
- Plano, TX
- Austin, TX
- Seattle, WA
- New York City, NY
- Albuquerque, NM
- Boston, MA
- Madison, WI
- Colorado Springs, CO
- Portland, OR
- Charlotte, NC
- Chesapeake, VA
- Lincoln, NE
- San Jose, CA
- Pittsburgh, PA
- Lexington, KY
- Jacksonville, FL
- Denver, CO
- Nashville, TN
- New Orleans, LA
- Minneapolis, MN
- Greensboro, NC
- Atlanta, GA
- Boise, ID
- Omaha, NE
- Houston, TX
- Oklahoma City, OK
- Durham, NC
- Henderson (Las Vegas), NV
- St. Paul, MN
- San Antonio, TX
- Gilbert (Phoenix), AZ
- Dallas, TX
- Kansas City, MO
- Reno, NV
- Chandler (Phoenix), AZ
- Winston-Salem, NC
- Tampa, FL
- Oakland, CA
- Phoenix, AZ
- Irving, TX
Global Financial Cities Index
Yet another list of the top cities:
1 London
2 United States
3 Hong Kong
4 Singapore
5 Shanghai
6 Tokyo
7 Chicago
8 Zurich
9 San Francisco
10 Toronto
11 Seoul
12 Boston
13 Geneva
14 Washington, D.C.
15 Sydney
16 Frankfurt am Main
17 Vancouver
18 Melbourne
19 Beijing
20 Montreal
21 Jersey
22 Munich
23 Taipei
24 Paris
25 Shenzhen
26 Osaka
27 Wellington
28 Stockholm
29 Luxembourg
30 Doha
Source: http://en.wikipedia.org/wiki/Global_Financial_Centres_Index
1 London
2 United States
3 Hong Kong
4 Singapore
5 Shanghai
6 Tokyo
7 Chicago
8 Zurich
9 San Francisco
10 Toronto
11 Seoul
12 Boston
13 Geneva
14 Washington, D.C.
15 Sydney
16 Frankfurt am Main
17 Vancouver
18 Melbourne
19 Beijing
20 Montreal
21 Jersey
22 Munich
23 Taipei
24 Paris
25 Shenzhen
26 Osaka
27 Wellington
28 Stockholm
29 Luxembourg
30 Doha
Source: http://en.wikipedia.org/wiki/Global_Financial_Centres_Index
Most Economically Powerful Cities
- Tokyo
- New York
- London
- Chicago
- Paris
- Boston
- Hong Kong
- Osaka
- Washington DC
- Seoul
- Sydney
- Toronto
- Beijing
- Madrid
- Sao Paulo
- Mexico City
- Melbourne
- Singapore
- Montreal
- Vancouver
- Vienna
- Shanghai
- Buenos Aires
- Stockholm
- Dublin
Best Places to Live
1 Vienna
2 Zurich
3 Auckland
4 Munich
5 Düsseldorf
6 Vancouver
7 Frankfurt
8 Geneva
9 Bern
9 Copenhagen
11 Sydney
12 Amsterdam
13 Wellington
14 Ottawa
15 Toronto
16 Hamburg
17 Berlin
18 Melbourne
19 Luxembourg
20 Stockholm
21 Perth
22 Brussels
23 Montreal
24 Nurnberg
25 Singapore
26 Canberra
27 Dublin
28 Stuttgart
29 Honolulu, HI
30 Adelaide
31 Paris
32 San Francisco, CA
33 Calgary
34 Oslo
35 Helsinki
36 Boston, MA
37 Brisbane
38 London
39 Lyon
40 Barcelona
41 Lisbon
42 Milan
43 Chicago, IL
44 Madrid
45 Washington, DC
46 Tokyo
47 New York City, NY
48 Seattle, WA
49 Kobe
50 Pittsburgh, PA
51 Yokohama
Site: http://www.mercer.com/press-releases/quality-of-living-report-2011
2 Zurich
3 Auckland
4 Munich
5 Düsseldorf
6 Vancouver
7 Frankfurt
8 Geneva
9 Bern
9 Copenhagen
11 Sydney
12 Amsterdam
13 Wellington
14 Ottawa
15 Toronto
16 Hamburg
17 Berlin
18 Melbourne
19 Luxembourg
20 Stockholm
21 Perth
22 Brussels
23 Montreal
24 Nurnberg
25 Singapore
26 Canberra
27 Dublin
28 Stuttgart
29 Honolulu, HI
30 Adelaide
31 Paris
32 San Francisco, CA
33 Calgary
34 Oslo
35 Helsinki
36 Boston, MA
37 Brisbane
38 London
39 Lyon
40 Barcelona
41 Lisbon
42 Milan
43 Chicago, IL
44 Madrid
45 Washington, DC
46 Tokyo
47 New York City, NY
48 Seattle, WA
49 Kobe
50 Pittsburgh, PA
51 Yokohama
Site: http://www.mercer.com/press-releases/quality-of-living-report-2011
Countries with the most millionaires
1. US 4,715,000
2. Japan 1,230,000
3. China 670,000
4. United Kingdom 485,000
5. Germany 430,000
6. Italy 300,000
7. Switzerland 283,000
8. France 280,000
9. Taiwan 230,000
10. Hong Kong 205,000
11. Canada 162,000
12. Belgium 158,000
13. Netherlands 152,000
14. Spain 148,000
15. India 140,000
16. Australia 137,000
17. Brazil 127,000
18. Singapore 123,000
19. Saudi Arabia 117,000
20. South Korea 92,000
Source: http://images.businessweek.com/ss/10/06/0615_global_millionaires/
2. Japan 1,230,000
3. China 670,000
4. United Kingdom 485,000
5. Germany 430,000
6. Italy 300,000
7. Switzerland 283,000
8. France 280,000
9. Taiwan 230,000
10. Hong Kong 205,000
11. Canada 162,000
12. Belgium 158,000
13. Netherlands 152,000
14. Spain 148,000
15. India 140,000
16. Australia 137,000
17. Brazil 127,000
18. Singapore 123,000
19. Saudi Arabia 117,000
20. South Korea 92,000
Source: http://images.businessweek.com/ss/10/06/0615_global_millionaires/
Most Billionaires per City
These cities have the most number of billionaires:
1. New York
2. Moscow
3. London
4. Hong Kong
5. Mumbai
6. Istanbul
7. San Francisco
8. Shanghai
9. Paris
10. Beijing
11. Chicago
12. Shenzhen
13. Los Angeles
14. Houston
15. Dallas – Fort Worth
16. Tokyo
17. Guangzhou
18. Dubai
19. Singapore
20. Jeddah
21. Sao Paulo
22. Taipei
23. Amsterdam
24. Riyadh
25. Hangzhou
Source: http://www.spearswms.com/spears-world/wire/29532/wealthinsight-dubai-billionaire-capital-of-middle-east.thtml
=================
Here is another list of cities with the most billionaires:
1. Moscow
2. New York
3. London
4. Hong Kong
5. Istanbul
6. Mumbai
7. Sao Paulo
8. Taipei
9. Los Angeles
10. Beijing
11. San Francisco
12. Dallas
13. Shanghai
14. Seoul
15. Tokyo
Source: http://www.forbes.com/2011/05/17/cities-with-most-billionaires_slide.html
1. New York
2. Moscow
3. London
4. Hong Kong
5. Mumbai
6. Istanbul
7. San Francisco
8. Shanghai
9. Paris
10. Beijing
11. Chicago
12. Shenzhen
13. Los Angeles
14. Houston
15. Dallas – Fort Worth
16. Tokyo
17. Guangzhou
18. Dubai
19. Singapore
20. Jeddah
21. Sao Paulo
22. Taipei
23. Amsterdam
24. Riyadh
25. Hangzhou
Source: http://www.spearswms.com/spears-world/wire/29532/wealthinsight-dubai-billionaire-capital-of-middle-east.thtml
=================
Here is another list of cities with the most billionaires:
1. Moscow
2. New York
3. London
4. Hong Kong
5. Istanbul
6. Mumbai
7. Sao Paulo
8. Taipei
9. Los Angeles
10. Beijing
11. San Francisco
12. Dallas
13. Shanghai
14. Seoul
15. Tokyo
Source: http://www.forbes.com/2011/05/17/cities-with-most-billionaires_slide.html
Tuesday, January 24, 2012
Three colossal museums to be built in Abu Dhabi
ABU DHABI, United Arab Emirates — A long-delayed project to build three colossal museums on an arid Persian Gulf island will be finished by 2017, officials say, realizing the designs of some of the world’s leading architects while underlining the ambitions of this city to emerge as a global capital.
The new date, which will be announced Wednesday, serves as a declaration that Abu Dhabi, the capital of the United Arab Emirates, will move ahead with one of the most remarkable art and culture projects in the world, despite protests prompted by workers’ conditions, fears of a financial bubble like the one that hit neighboring Dubai and qualms over a vision, both at home and abroad, that one architect called the artistic equivalent of “shock and awe.”
A veil of secrecy has concealed deliberations over the museums, a branch of the Guggenheim designed by Frank Gehry, an outpost of the Louvre planned by Jean Nouvel and a national museum rendered by Lord Norman Foster, all part of a $27 billion cultural and tourism project known as Saadiyat Island. The silence was so stark that not even employees of the lead government agency knew when the museums would be built.
But even if the museums move forward as promised — the planned sites are still sandy lots save for work on the concrete and steel foundations — the question that has bedeviled the most ambitious Persian Gulf emirates since oil was discovered remains: Can atomized cities with money and abundant vision will into existence their standing as world capitals? And now, can they do so at a time of deep unease in the region and local fears of losing their cultural identity?
--http://www.nytimes.com/2012/01/25/world/middleeast/abu-dhabi-reaffirms-its-grand-plan-for-museums.html
The new date, which will be announced Wednesday, serves as a declaration that Abu Dhabi, the capital of the United Arab Emirates, will move ahead with one of the most remarkable art and culture projects in the world, despite protests prompted by workers’ conditions, fears of a financial bubble like the one that hit neighboring Dubai and qualms over a vision, both at home and abroad, that one architect called the artistic equivalent of “shock and awe.”
A veil of secrecy has concealed deliberations over the museums, a branch of the Guggenheim designed by Frank Gehry, an outpost of the Louvre planned by Jean Nouvel and a national museum rendered by Lord Norman Foster, all part of a $27 billion cultural and tourism project known as Saadiyat Island. The silence was so stark that not even employees of the lead government agency knew when the museums would be built.
But even if the museums move forward as promised — the planned sites are still sandy lots save for work on the concrete and steel foundations — the question that has bedeviled the most ambitious Persian Gulf emirates since oil was discovered remains: Can atomized cities with money and abundant vision will into existence their standing as world capitals? And now, can they do so at a time of deep unease in the region and local fears of losing their cultural identity?
--http://www.nytimes.com/2012/01/25/world/middleeast/abu-dhabi-reaffirms-its-grand-plan-for-museums.html
World's tallest skyscraper to be built in Azerbaijan
"A local investor is hoping to build a 185-storey building in Sahil (formerly Primorsk) in the southwestern suburbs of Baku. The State Committee for Construction and Architecture has not yet received an offical application from the developer, the committee's deputy chairman, Dovlatkhan Dovlatkhanov, told Fineko.
He said that local investor Haji Ibrahim had started preliminary work on the project.
"As far as we know, the investor has already hired an architect, who has designed the initial sketch of the project which encompasses an offshore area in addition to the coastal zone and envisages the construction of artificial islands," Dovletkhanov said.
"The construction of a 185-floor building in the Baku settlement of Sahil is technically feasible. More detailed information will be provided after the fully developed project has been reviewed by specialists of the State Committee and the Ministry for Emergency Situations's evaluation committee," Dovletkhanov said.
A source in the Emergencies Ministry confirmed to Fineko that the project would be technically possible, but questioned whether it was needed at all.
Azerbaijan has experience of creating artificial land mass. Back in 1925 Lenin’s Cove, as it was then known, in Bibi Heybat was filled in. If Haji Ibrahim's project sees the light of day, the Baku (Sahil) skyscraper will be taller than the world's tallest building - the Burj Khalifa in Dubai."
--http://www.news.az/articles/society/52073
He said that local investor Haji Ibrahim had started preliminary work on the project.
"As far as we know, the investor has already hired an architect, who has designed the initial sketch of the project which encompasses an offshore area in addition to the coastal zone and envisages the construction of artificial islands," Dovletkhanov said.
"The construction of a 185-floor building in the Baku settlement of Sahil is technically feasible. More detailed information will be provided after the fully developed project has been reviewed by specialists of the State Committee and the Ministry for Emergency Situations's evaluation committee," Dovletkhanov said.
A source in the Emergencies Ministry confirmed to Fineko that the project would be technically possible, but questioned whether it was needed at all.
Azerbaijan has experience of creating artificial land mass. Back in 1925 Lenin’s Cove, as it was then known, in Bibi Heybat was filled in. If Haji Ibrahim's project sees the light of day, the Baku (Sahil) skyscraper will be taller than the world's tallest building - the Burj Khalifa in Dubai."
--http://www.news.az/articles/society/52073
Sunday, January 22, 2012
Reserve currency tipping point hypothesis
Ok, here is another crazy thought. The only thing keeping the US dollar from collapsing right now is the fact that it is the global currency and no replacement is in sight.
But what if there is a replacement? What if the combined currencies from my hypothetical South Pacific Confederation become the replacement? So my hypothesis is that if the combined South Pacific currencies are used more than the US dollar, then that will be a tipping point causing abandonment of faith in the dollar, and then hyperinflation of the dollar into oblivion.
What if the South Pacific currencies (as well as the yuan) increase by 10% per year, and the US dollar decreases by 2/3 of that (with the other 1/3 decrease coming from the use of the euro, yen and pound). When would the tipping point occur?
As a starting point, here are the daily share of traded currencies (from Wikipedia):
US dollar 84.9%
Euro 39.1%
Japanese yen 19.0%
UK pound 12.9%
Australian dollar 7.6%
Hong Kong dollar 2.4%
New Zealand dollar 1.6%
South Korean won 1.5%
Singapore dollar 1.4%
I calculate this will occur in 2027. At that point 61% of all Forex transactions will use the Australian dollar, Hong Kong dollar, New Zealand dollar, Singapore dollar, South Korean won, or Chinese yuan. The US dollar will be used in only 54% of transactions. The euro, yen and pound combined will be used in 56% of transactions, and other currencies will be used in 30% of transactions. (The total equals 200% because we are looking at both sides of the currency pair).
At that point the US dollar will no longer be an essential part of the world economy. It will still be a major player, but our unlimited license to print money card will be revoked.
=====================
Update: The trend is definitely happening, but it is a lot slower than I stated above. Better numbers are that the South Pacific currencies will increase by 3.2% per year, with the US dollar decreasing by 2/3 of that. Using these figures, the tipping point will occur in 2051, when the US dollar will account for only 57.1% of all transactions, and the South Pacific currencies accounting for 57.5%.
See http://www.bis.org/publ/rpfxf10t.htm for data on currencies.
=============
Upon further reflection, I don't think this is a valid way of looking at things. A basket of currencies will not be a replacement for the dollar. For there to be a threat, there needs to be a single currency that is credible enough to be a replacement. And I don't think the Australian dollar will ever be that currency. It is an interesting thought experiment though.
But what if there is a replacement? What if the combined currencies from my hypothetical South Pacific Confederation become the replacement? So my hypothesis is that if the combined South Pacific currencies are used more than the US dollar, then that will be a tipping point causing abandonment of faith in the dollar, and then hyperinflation of the dollar into oblivion.
What if the South Pacific currencies (as well as the yuan) increase by 10% per year, and the US dollar decreases by 2/3 of that (with the other 1/3 decrease coming from the use of the euro, yen and pound). When would the tipping point occur?
As a starting point, here are the daily share of traded currencies (from Wikipedia):
US dollar 84.9%
Euro 39.1%
Japanese yen 19.0%
UK pound 12.9%
Australian dollar 7.6%
Hong Kong dollar 2.4%
New Zealand dollar 1.6%
South Korean won 1.5%
Singapore dollar 1.4%
I calculate this will occur in 2027. At that point 61% of all Forex transactions will use the Australian dollar, Hong Kong dollar, New Zealand dollar, Singapore dollar, South Korean won, or Chinese yuan. The US dollar will be used in only 54% of transactions. The euro, yen and pound combined will be used in 56% of transactions, and other currencies will be used in 30% of transactions. (The total equals 200% because we are looking at both sides of the currency pair).
At that point the US dollar will no longer be an essential part of the world economy. It will still be a major player, but our unlimited license to print money card will be revoked.
=====================
Update: The trend is definitely happening, but it is a lot slower than I stated above. Better numbers are that the South Pacific currencies will increase by 3.2% per year, with the US dollar decreasing by 2/3 of that. Using these figures, the tipping point will occur in 2051, when the US dollar will account for only 57.1% of all transactions, and the South Pacific currencies accounting for 57.5%.
See http://www.bis.org/publ/rpfxf10t.htm for data on currencies.
=============
Upon further reflection, I don't think this is a valid way of looking at things. A basket of currencies will not be a replacement for the dollar. For there to be a threat, there needs to be a single currency that is credible enough to be a replacement. And I don't think the Australian dollar will ever be that currency. It is an interesting thought experiment though.
The Australian Dollar as a proxy currency
I think the Australian Dollar can be seen as a proxy or representative currency of all the other currencies of countries in my proposed South Pacific Confederation. Here are the other currencies and their exchange rates:
AUD/USD: 1.0474, UP from .9871 1 year ago
AUD/HKD: 8.129, UP from 7.773 1 year ago
AUD/KRW: 1186.8, UP from 1118.0 1 year ago
AUD/MYR: 3.2529, UP from 3.0471 1 year ago
AUD/NZD: 1.2989, DOWN from 1.3028 1 year ago
AUD/SGD: 1.3327, UP from 1.2701 1 year ago
AUD/TWD: 31.38, UP from 28.9 1 year ago
AUD/XPF: 96.997, UP from 86.88 1 year ago
AUD/USD: 1.0474, UP from .9871 1 year ago
AUD/HKD: 8.129, UP from 7.773 1 year ago
AUD/KRW: 1186.8, UP from 1118.0 1 year ago
AUD/MYR: 3.2529, UP from 3.0471 1 year ago
AUD/NZD: 1.2989, DOWN from 1.3028 1 year ago
AUD/SGD: 1.3327, UP from 1.2701 1 year ago
AUD/TWD: 31.38, UP from 28.9 1 year ago
AUD/XPF: 96.997, UP from 86.88 1 year ago
Most Free Countries
Here is the list of the Top 20 Free Countries
- Hong Kong
- Singapore
- Australia
- New Zealand
- Switzerland
- Canada
- Chile
- Mauritius
- Ireland
- United States
- Denmark
- Bahrain
- Luxembourg
- United Kingdom
- Netherlands
- Estonia
- Finland
- Taiwan
- Macau
- Cyprus
Top Cities in the South Pacific
Here are the top 20 cities in my proposed South Pacific Confederation. The ranking is somewhat arbitrary, but cities with more skyscrapers and population are ranked higher, in general.
- Hong Kong *
- Singapore *
- Sydney *
- Seoul
- Taipei*
- Melbourne
- Kuala Lumpur*
- Honolulu
- Busan, South Korea*
- Auckland
- Macau
- Gold Coast City
- Daegu-Gyeongbuk, South Korea
- Incheon, South Korea
- Brisbane
- Penang Island, Malaysia
- Perth
- Kaohsiung, Taiwan
- Wellington*
- Adelaide
The South Pacific Confederation
This is my idea for a proposed political and economic alliance in the South Pacific, called the South Pacific Confederation. It is made up of 13 countries and territories which are all highly developed. I have "cherry-picked" the countries, excluding countries and territories which are too large (Indonesia) or too small or too poor (Philippines).
I think of this as the "Australian Empire". It is a region that is connected with the rise of China, but is independent of it.
Countries:
Total GDP(ppp): $4.6 trillion
The political capital is Singapore. The financial capital is Sydney, and the military capital is Honolulu. I exclude Hong Kong because of its tenuous political situation.
The currency used is the Australian dollar (AUD). This is because the Australian economy is the second largest of the group (behind only South Korea), and the AUD is more frequently traded than the won.
I think of this as the "Australian Empire". It is a region that is connected with the rise of China, but is independent of it.
Countries:
- Australia
- Brunei
- French Polynesia (French territory)
- Guam (U.S. territory)
- Hawaii (U.S. state)
- Hong Kong (Chinese S.A.R.)
- Macau (Chinese S.A.R.)
- Malaysia
- New Caledonia (French territory)
- New Zealand
- Singapore
- South Korea
- Taiwan
Total GDP(ppp): $4.6 trillion
The political capital is Singapore. The financial capital is Sydney, and the military capital is Honolulu. I exclude Hong Kong because of its tenuous political situation.
The currency used is the Australian dollar (AUD). This is because the Australian economy is the second largest of the group (behind only South Korea), and the AUD is more frequently traded than the won.
Saturday, January 21, 2012
Preppers
"A former Army intelligence officer, [James] Rawles has written fiction and non-fiction books on end-of-civilization topics, including "How to Survive the End of the World as We Know It," which is also known as the preppers' Bible.
"We could see a cascade of higher interest rates, margin calls, stock market collapses, bank runs, currency revaluations, mass street protests, and riots," he told Reuters. "The worst-case end result would be a Third World War, mass inflation, currency collapses, and long term power grid failures."
A sense of "suffering and being afraid" is usually at the root of this kind of thinking, according to Cathy Gutierrez, an expert on end-times beliefs at Sweet Briar College in Virginia. Such feelings are not unnatural in a time of economic recession and concerns about a growing national debt, she said.
"With our current dependence on things from the electric grid to the Internet, things that people have absolutely no control over, there is a feeling that a collapse scenario can easily emerge, with a belief that the end is coming, and it is all out of the individual's control," she told Reuters."
--http://www.reuters.com/article/2012/01/21/us-usa-civilization-collapse-idUSTRE80K0LA20120121
"We could see a cascade of higher interest rates, margin calls, stock market collapses, bank runs, currency revaluations, mass street protests, and riots," he told Reuters. "The worst-case end result would be a Third World War, mass inflation, currency collapses, and long term power grid failures."
A sense of "suffering and being afraid" is usually at the root of this kind of thinking, according to Cathy Gutierrez, an expert on end-times beliefs at Sweet Briar College in Virginia. Such feelings are not unnatural in a time of economic recession and concerns about a growing national debt, she said.
"With our current dependence on things from the electric grid to the Internet, things that people have absolutely no control over, there is a feeling that a collapse scenario can easily emerge, with a belief that the end is coming, and it is all out of the individual's control," she told Reuters."
--http://www.reuters.com/article/2012/01/21/us-usa-civilization-collapse-idUSTRE80K0LA20120121
Could the Australian dollar be a reserve currency?
The Australian dollar is the 5th or 6th most traded currency behind the US dollar, euro, yen, pound and maybe the Swiss franc. Australia has much less debt per person ($12,470) than the countries behind the other currencies.
"The rational reaction of sovereign holders of US dollars who see the writing on the wall (that is, that the value of their US assets is likely to fall) and, furthermore, recognise that we are currently experiencing a major shift in the global centre of economic gravity away from the North Atlantic economies to Asia. ...
And since it is hard to trade the Chinese currency, one of the next best things is a proximate, lowly leveraged, and politically stable economy that has a liquid exchange rate and is highly integrated with the Middle Kingdom's fortunes. Yes, you guessed, it – the Sunburnt Country".
--http://www.switzer.com.au/the-experts/christopher-joye/is-the-aussie-dollar-becoming-a-global-reserve-currency/
"The Australian dollar is attractive to central banks because it has solid public finances, unlike the US, UK, and certain euro zone members. Moreover, Australia is a big exporter of raw materials to several emerging market economies. For these countries, buying the Australia dollar is grabbing a claim on Australia’s bountiful natural resources."
--http://www.ibtimes.com/articles/137346/20110422/australian-dollar-reserve-currency.htm
"in Aussie dollars, gold is worth the same today as it was two years ago"
--http://scottgrannis.blogspot.com/2011/04/central-bank-update-fed-is-behind-curve.html
"The ascent of the Australian dollar has largely been at the expense of the US dollar. America has been flooding global financial markets with US dollars, thereby reducing its value. It is part of a last ditch attempt to stimulate markets by providing easy money.
The chief currency strategist at Westpac Robert Rennie blames the US Federal Reserve for pumping so many extra US dollars into the global financial system. "The ultimate source of this liquidity really is the Fed. As the Fed increases the size of its balance sheet and pumps money into the US economy and the global financial system, one of the areas that it ends up in is in the demand for the Australian dollar," he explained.
Robert Rennie says that has put the Australian dollar front and centre on the international stage."
--http://www.abc.net.au/news/2011-06-20/russian-central-bank-buys-up-aussie-dollars/2764936
"Australia owes its popularity among currency traders to 3 G's – geology, geography and government policy. Geology has given the company a wealth of natural resources that are in high demand, including oil, gold, agricultural products, diamonds, iron ore, uranium, nickel and coal. Geography has positioned the company as a choice trading partner for many fast-growing Asian economies with nearly insatiable resource demands. Government policy has led to fairly stable high interest rates, a stable government and economy, a lack of intervention in the currency markets, and a Western approach to business and the rule of law that has not always been typical in the region."
Read more: http://www.investopedia.com/articles/forex/11/aud-fx-traders-should-know.asp
==============
Update: The AUD/USD is the 4th most traded currency pair.
"The rational reaction of sovereign holders of US dollars who see the writing on the wall (that is, that the value of their US assets is likely to fall) and, furthermore, recognise that we are currently experiencing a major shift in the global centre of economic gravity away from the North Atlantic economies to Asia. ...
And since it is hard to trade the Chinese currency, one of the next best things is a proximate, lowly leveraged, and politically stable economy that has a liquid exchange rate and is highly integrated with the Middle Kingdom's fortunes. Yes, you guessed, it – the Sunburnt Country".
--http://www.switzer.com.au/the-experts/christopher-joye/is-the-aussie-dollar-becoming-a-global-reserve-currency/
"The Australian dollar is attractive to central banks because it has solid public finances, unlike the US, UK, and certain euro zone members. Moreover, Australia is a big exporter of raw materials to several emerging market economies. For these countries, buying the Australia dollar is grabbing a claim on Australia’s bountiful natural resources."
--http://www.ibtimes.com/articles/137346/20110422/australian-dollar-reserve-currency.htm
"in Aussie dollars, gold is worth the same today as it was two years ago"
--http://scottgrannis.blogspot.com/2011/04/central-bank-update-fed-is-behind-curve.html
"The ascent of the Australian dollar has largely been at the expense of the US dollar. America has been flooding global financial markets with US dollars, thereby reducing its value. It is part of a last ditch attempt to stimulate markets by providing easy money.
The chief currency strategist at Westpac Robert Rennie blames the US Federal Reserve for pumping so many extra US dollars into the global financial system. "The ultimate source of this liquidity really is the Fed. As the Fed increases the size of its balance sheet and pumps money into the US economy and the global financial system, one of the areas that it ends up in is in the demand for the Australian dollar," he explained.
Robert Rennie says that has put the Australian dollar front and centre on the international stage."
--http://www.abc.net.au/news/2011-06-20/russian-central-bank-buys-up-aussie-dollars/2764936
"Australia owes its popularity among currency traders to 3 G's – geology, geography and government policy. Geology has given the company a wealth of natural resources that are in high demand, including oil, gold, agricultural products, diamonds, iron ore, uranium, nickel and coal. Geography has positioned the company as a choice trading partner for many fast-growing Asian economies with nearly insatiable resource demands. Government policy has led to fairly stable high interest rates, a stable government and economy, a lack of intervention in the currency markets, and a Western approach to business and the rule of law that has not always been typical in the region."
Read more: http://www.investopedia.com/articles/forex/11/aud-fx-traders-should-know.asp
==============
Update: The AUD/USD is the 4th most traded currency pair.
How to fix the Arc de Triomphe
Traffic around the Arc de Triomphe in Paris is insane, because of poor planning. Here is my suggestion for fixing it.
First, split the the roundabout into two parts, the outer circle and the inner circle. The inner circle would be used only by traffic from the Champs Elysees/Grand-Armee. All other traffic would have to use the outer circle.
There would be 2 intersections on either side of the Arc, and there would need to be 3 stoplights at each intersection. On green, incoming traffic from the Champs Elysees could enter, and could choose either the inner circle or outer circle. Synchronized with this, a green would allow traffic in the inner circle to exit. When these are red, the outer circle light would be green, and the outer traffic could either turn right to exit, go straight, or enter the inner circle.
Thursday, January 19, 2012
Proposed Russian Lunar Base
"Russia is talking with the US and Europe on plans to create a manned research base on the moon, the head of the Russian space agency Roscosmos said Thursday.
Roscosmos is discussing the possibilities for a permanent moon base with officials from NASA and the European Space Agency, the agency's chief, Vladimir Popovkin said.
"We don't want man to just step on the moon," Popovkin told Vesti FM radio station, according to the Ria Novosti news agency. "Today, we know enough about it, we know that there is water in its polar areas ... we are now discussing how to begin [the moon's] exploration with NASA and the European Space Agency."
He said the plan was either to set up a base on the moon or launch a station to orbit around it.
Russia also is planning to send two unmanned mission to the moon by 2020, Popovkin said."
Read more: http://www.myfoxdc.com/dpps/news/russia-us-moon-base-nasa-dpgonc-20110119-to-_17194074
Roscosmos is discussing the possibilities for a permanent moon base with officials from NASA and the European Space Agency, the agency's chief, Vladimir Popovkin said.
"We don't want man to just step on the moon," Popovkin told Vesti FM radio station, according to the Ria Novosti news agency. "Today, we know enough about it, we know that there is water in its polar areas ... we are now discussing how to begin [the moon's] exploration with NASA and the European Space Agency."
He said the plan was either to set up a base on the moon or launch a station to orbit around it.
Russia also is planning to send two unmanned mission to the moon by 2020, Popovkin said."
Read more: http://www.myfoxdc.com/dpps/news/russia-us-moon-base-nasa-dpgonc-20110119-to-_17194074
Wednesday, January 18, 2012
Umka
Russia plans to build a city deep inside the arctic circle housing 5000 residents, under a vast dome.
"The Umka designs are based on the International Space Station, but it is vast by comparison - just short of one mile long and 800 yards wide.
'So far it's the only project in the world with an artificial climate and integral life support - just like on the space station. Not only is it a new word in architecture, but in human living too. We have used aero and space technologies while creating it.'
Electricity will be supplied by a floating nuclear power station."
Read more: http://www.dailymail.co.uk/news/article-2052862/Russia-plans-build-frozen-community-1-000-miles-North-Pole.html
Bangkok, city of modern ruins
"But many of those who failed in the crisis either can't be bothered or can't afford to restart their building projects, leaving Bangkok with more modern ruins than probably any other big city in the world, according to architectural experts.
..Engineers say many incomplete towers can't survive much longer than 10 years in Bangkok's blistering tropical heat and rain before suffering significant structural damage. The buildings won't necessarily fall down, but the cost of repairing or reinforcing their rusted-out beams becomes prohibitively high."
--http://forum.skyscraperpage.com/showthread.php?p=2990280
Tuesday, January 17, 2012
Monday, January 16, 2012
Sewage at the Burj Khalifa
The tallest building in the world isn't connected to a sewage system. Instead they haul the sewage away in trucks.
See: http://www.gizmodo.com.au/2011/11/the-tallest-building-in-the-world-would-be-poop-without-trucks/
http://boingboing.net/2011/11/08/what-happens-when-you-flush-a-toilet-in-the-worlds-tallest-building.html
====================
The Burj Khalifa is practically empty:
"This symbol of the pre-financial crisis building boom opened practically empty, after all. In late 2010, according to local business reports, about 825 of its 900 condos were unoccupied. ...for now at least, it is plainly no towering achievement in urban planning."
--http://featuresblogs.chicagotribune.com/theskyline/2012/01/isthe-worlds-tallest-buildinghaving-its-king-kong-moment-two-years-afterdubais-burj-khalifa-opened-amida-blaze-of-fireworks.html
See: http://www.gizmodo.com.au/2011/11/the-tallest-building-in-the-world-would-be-poop-without-trucks/
http://boingboing.net/2011/11/08/what-happens-when-you-flush-a-toilet-in-the-worlds-tallest-building.html
====================
The Burj Khalifa is practically empty:
"This symbol of the pre-financial crisis building boom opened practically empty, after all. In late 2010, according to local business reports, about 825 of its 900 condos were unoccupied. ...for now at least, it is plainly no towering achievement in urban planning."
--http://featuresblogs.chicagotribune.com/theskyline/2012/01/isthe-worlds-tallest-buildinghaving-its-king-kong-moment-two-years-afterdubais-burj-khalifa-opened-amida-blaze-of-fireworks.html
Skyline Ranking
- Hong Kong
- New York City
- Chicago
- Singapore
- São Paulo
- Seoul
- Dubai
- Shanghai
- Bangkok
- Tokyo
- Guangzhou
- Moscow
- Toronto
- Shenzhen
- Chongqing
- Kuala Lumpur
- Beijing
- Rio de Janeiro
- Mumbai
- Macao
- Osaka
- Jakarta
- Buenos Aires
- Istanbul
- Recife
- Miami
- Sydney
- Panama City
- Melbourne
- Wuhan
- Vancouver
- Houston
- Honolulu
- Busan
- Gold Coast City
- London
- Mexico City
- Curitiba
- Los Angeles
- Tianjin
- Atlanta
- Caracas
- Makati (Manila)
- Las Vegas
- St. Petersburg
- Nanjing
- San Francisco
- Dallas
- Paris
- Santiago
Source: http://www.emporis.com/statistics/skyline-ranking
Mecca Clock Tower
Officially named Abraj Al Bait, this is the second tallest building in the world at 1,972 feet, behind only the Burj Khalifa in Dubai. It is the largest building in the world by floor space at 1.5 million square meters. The clock face is 43 meters in diameter (about 141 feet).
Saturday, January 14, 2012
Elevated walkway planned for Dubai
"The glass tube-like walkway will connect the skyscraper and the adjoining Dubai Mall to the nearby metro station, as Emirates 24/7 reports. The walkway will be roughly 820 meters long, with a central pedestrian passage flanked on each side by five moving walkways (or as Emirates 24/7 awesomely calls them, “travelators”). Emaar Properties, developer of Downtown Dubai, estimates that its new walkway can handle a peak capacity of 13,500 pedestrians per hour."
--http://www.theatlanticcities.com/commute/2012/01/plans-air-conditioned-stroll-burj-khalifa-dubai-metro/887/
Best countries for business
- Hong Kong SAR
- United States
- United Kingdom
- Singapore
- Australia
- Canada
- Netherlands
- Japan
- Switzerland
- Norway
- Sweden
- France
- Belgium
- Germany
- Denmark
- Malaysia
- Spain
- Korea, Rep.
- China
- Austria
- Finland
- Ireland
- Saudi Arabia
- Bahrain
- United Arab Emirates
- Israel
- Italy
- Kuwait
- South Africa
- Brazil
Friday, January 13, 2012
Largest Cities of the World
1. Tokyo, Japan - 32,450,000
2. Seóul, South Korea - 20,550,000
3. Mexico City, Mexico - 20,450,000
4. New York City, USA - 19,750,000
5. Mumbai, India - 19,200,000
6. Jakarta, Indonesia - 18,900,000
7. Sáo Paulo, Brazil - 18,850,000
8. Delhi, India - 18,680,000
9. Õsaka/Kobe, Japan - 17,350,000
10. Shanghai, China - 16,650,000
11. Manila, Philippines - 16,300,000
12. Los Angeles, USA - 15,250,000
13. Calcutta, India - 15,100,000
14. Moscow, Russian Fed. - 15,000,000
15. Cairo, Egypt - 14,450,000
16. Lagos, Nigeria - 13,488,000
17. Buenos Aires, Argentina - 13,170,000
18. London, United Kingdom - 12,875,000
19. Beijing, China - 12,500,000
20. Karachi, Pakistan - 11,800,000
21. Dhaka, Bangladesh - 10,979,000
22. Rio de Janeiro, Brazil - 10,556,000
23. Tianjin, China - 10,239,000
24. Paris, France - 9,638,000
25. Istanbul, Turkey - 9,413,000
26. Lima, Peru - 7,443,000
27. Tehrãn, Iran - 7,380,000
28. Bangkok, Thailand - 7,221,000
29. Chicago, USA - 6,945,000
30. Bogotá, Colombia - 6,834,000
31. Hyderabad, India - 6,833,000
32. Chennai, India - 6,639,000
33. Essen, Germany - 6,559,000
34. Ho Chi Minh City, Vietnam - 6,424,519
35. Hangzhou, China - 6,389,000
36. Hong Kong, China - 6,097,000
37. Lahore, Pakistan - 6,030,000
38. Shenyang, China - 5,681,000
39. Changchun, China - 5,566,000
40. Bangalore, India - 5,544,000
41. Harbin, China - 5,475,000
42. Chengdu, China - 5,293,000
43. Santiago, Chile - 5,261,000
44. Guangzhou, China - 5,162,000
45. St. Petersburg, Russian Fed. - 5,132,000
46. Kinshasa, DRC - 5,068,000
47. Baghdãd, Iraq - 4,796,000
48. Jinan, China - 4,789,000
49. Houston, USA - 4,750,000
50. Toronto, Canada - 4,657,000
51. Yangon, Myanmar (Burma) - 4,458,000
52. Alger, Algeria - 4,447,000
53. Philadelphia, USA - 4,398,000
54. Qingdao, China - 4,376,000
55. Milano, Italy - 4,251,000
56. Pusan, South Korea - 4,239,000
57. Belo Horizonte, Brazil - 4,160,000
58. Almadabad, India - 4,154,000
59. Madrid, Spain - 4,072,000
60. San Francisco, USA - 4,051,000
61. Alexandria, Egypt - 3,995,000
62. Washington DC, USA - 3,927,000
63. Wuhan, China - 3,918,000
64. Dallas, USA - 3,912,000
65. Guadalajara, Mexico - 3,908,000
66. Chongging, China - 3,896,000
67. Medellin, Colombia - 3,831,000
68. Detroit, USA - 3,785,000
69. Handan, China - 3,763,000
70. Frankfurt, Germany - 3,700,000
71. Porto Alegre, Brazil - 3,699,000
72. Hanoi, Vietnam - 3,678,000
73. Sydney, Australia - 3,665,000
74. Santo Domingo, Dom. Rep. - 3,601,000
75. Singapore, Singapore - 3,587,000
76. Casablanca, Morocco - 3,535,000
77. Katowice, Poland - 3,488,000
78. Pune, India - 3,485,000
79. Bangdung, Indonesia - 3,420,000
80. Monterrey, Mexico - 3,416,000
81. Montréal, Canada - 3,401,000
82. Nagoya, Japan - 3,377,000
83. Nanjing, China - 3,375,000
84. Abidjan, Côte d'Ivoire - 3,359,000
85. Xi'an, China - 3,352,000
86. Berlin, Germany - 3,337,000
87. Riyadh, Saudi Arabia - 3,328,000
88. Recife, Brazil - 3,307,000
89. Dusseldorf, Germany - 3,251,000
90. Ankara, Turkey - 3,190,000
91. Melbourne, Australia - 3,188,000
92. Salvador, Brazil - 3,180,000
93. Dalian, China - 3,153,000
94. Caracas, Venezuela - 3,153,000
95. Adis Abeba, Ethiopia - 3,112,000
96. Athina, Greece - 3,103,000
97. Cape Town, South Africa - 3,092,000
98. Koln, Germany - 3.067,000
99. Maputo, Mozambique - 3,017,000
100. Napoli, Italy - 3,012,000
Source: http://www.worldatlas.com/citypops.htm
2. Seóul, South Korea - 20,550,000
3. Mexico City, Mexico - 20,450,000
4. New York City, USA - 19,750,000
5. Mumbai, India - 19,200,000
6. Jakarta, Indonesia - 18,900,000
7. Sáo Paulo, Brazil - 18,850,000
8. Delhi, India - 18,680,000
9. Õsaka/Kobe, Japan - 17,350,000
10. Shanghai, China - 16,650,000
11. Manila, Philippines - 16,300,000
12. Los Angeles, USA - 15,250,000
13. Calcutta, India - 15,100,000
14. Moscow, Russian Fed. - 15,000,000
15. Cairo, Egypt - 14,450,000
16. Lagos, Nigeria - 13,488,000
17. Buenos Aires, Argentina - 13,170,000
18. London, United Kingdom - 12,875,000
19. Beijing, China - 12,500,000
20. Karachi, Pakistan - 11,800,000
21. Dhaka, Bangladesh - 10,979,000
22. Rio de Janeiro, Brazil - 10,556,000
23. Tianjin, China - 10,239,000
24. Paris, France - 9,638,000
25. Istanbul, Turkey - 9,413,000
26. Lima, Peru - 7,443,000
27. Tehrãn, Iran - 7,380,000
28. Bangkok, Thailand - 7,221,000
29. Chicago, USA - 6,945,000
30. Bogotá, Colombia - 6,834,000
31. Hyderabad, India - 6,833,000
32. Chennai, India - 6,639,000
33. Essen, Germany - 6,559,000
34. Ho Chi Minh City, Vietnam - 6,424,519
35. Hangzhou, China - 6,389,000
36. Hong Kong, China - 6,097,000
37. Lahore, Pakistan - 6,030,000
38. Shenyang, China - 5,681,000
39. Changchun, China - 5,566,000
40. Bangalore, India - 5,544,000
41. Harbin, China - 5,475,000
42. Chengdu, China - 5,293,000
43. Santiago, Chile - 5,261,000
44. Guangzhou, China - 5,162,000
45. St. Petersburg, Russian Fed. - 5,132,000
46. Kinshasa, DRC - 5,068,000
47. Baghdãd, Iraq - 4,796,000
48. Jinan, China - 4,789,000
49. Houston, USA - 4,750,000
50. Toronto, Canada - 4,657,000
51. Yangon, Myanmar (Burma) - 4,458,000
52. Alger, Algeria - 4,447,000
53. Philadelphia, USA - 4,398,000
54. Qingdao, China - 4,376,000
55. Milano, Italy - 4,251,000
56. Pusan, South Korea - 4,239,000
57. Belo Horizonte, Brazil - 4,160,000
58. Almadabad, India - 4,154,000
59. Madrid, Spain - 4,072,000
60. San Francisco, USA - 4,051,000
61. Alexandria, Egypt - 3,995,000
62. Washington DC, USA - 3,927,000
63. Wuhan, China - 3,918,000
64. Dallas, USA - 3,912,000
65. Guadalajara, Mexico - 3,908,000
66. Chongging, China - 3,896,000
67. Medellin, Colombia - 3,831,000
68. Detroit, USA - 3,785,000
69. Handan, China - 3,763,000
70. Frankfurt, Germany - 3,700,000
71. Porto Alegre, Brazil - 3,699,000
72. Hanoi, Vietnam - 3,678,000
73. Sydney, Australia - 3,665,000
74. Santo Domingo, Dom. Rep. - 3,601,000
75. Singapore, Singapore - 3,587,000
76. Casablanca, Morocco - 3,535,000
77. Katowice, Poland - 3,488,000
78. Pune, India - 3,485,000
79. Bangdung, Indonesia - 3,420,000
80. Monterrey, Mexico - 3,416,000
81. Montréal, Canada - 3,401,000
82. Nagoya, Japan - 3,377,000
83. Nanjing, China - 3,375,000
84. Abidjan, Côte d'Ivoire - 3,359,000
85. Xi'an, China - 3,352,000
86. Berlin, Germany - 3,337,000
87. Riyadh, Saudi Arabia - 3,328,000
88. Recife, Brazil - 3,307,000
89. Dusseldorf, Germany - 3,251,000
90. Ankara, Turkey - 3,190,000
91. Melbourne, Australia - 3,188,000
92. Salvador, Brazil - 3,180,000
93. Dalian, China - 3,153,000
94. Caracas, Venezuela - 3,153,000
95. Adis Abeba, Ethiopia - 3,112,000
96. Athina, Greece - 3,103,000
97. Cape Town, South Africa - 3,092,000
98. Koln, Germany - 3.067,000
99. Maputo, Mozambique - 3,017,000
100. Napoli, Italy - 3,012,000
Source: http://www.worldatlas.com/citypops.htm
Global Cities Index
Another list of the top global cities.
Source: http://www.atkearney.com/images/global/pdf/Urban_Elite-GCI_2010.pdf
- New York
- London
- Tokyo
- Paris
- Hong Kong
- Chicago
- Los Angeles
- Singapore
- Sydney
- Seoul
- Brussels
- San Francisco
- Washington DC
- Toronto
- Beijing
- Berlin
- Madrid
- Vienna
- Boston
- Frankfurt
- Shanghai
- Buenos Aires
- Stockholm
- Zurich
- Moscow
- Barcelona
- Dubai
- Rome
- Amsterdam
- Mexico City
- Montreal
- Geneva
- Munich
- Miami
- Sao Paulo
- Bangkok
- Copenhagen
- Houston
- Taipei
- Atlanta
- Istanbul
- Milan
- Cairo
- Dublin
- New Delhi
- Mumbai
- Osaka
- Kuala Lumpur
- Rio de Janeiro
- Tel Aviv
- Manila
- Johannesburg
- Jakarta
- Bogota
- Caracas
- Nairobi
- Guangzhou
- Bangalore
- Lagos
- Karachi
- Ho Chi Minh City
- Shenzhen
- Kolkata
- Dhaka
- Chongqing
Source: http://www.atkearney.com/images/global/pdf/Urban_Elite-GCI_2010.pdf
Petrodollar warfare hypothesis
"Most oil sales throughout the world are denominated in US Dollars, and according to proponents of the petrodollar warfare hypothesis, because most countries rely on oil imports, they are forced to maintain large stockpiles of Dollars in order to continue imports.
This creates a consistent demand for US Dollars and upwards pressure on its value, regardless of economic conditions in the United States. This in turn allows the US government to gain revenues through seignorage and by issuing bonds at lower interest rates than they otherwise would be able to. As a result the US government can run higher budget deficits at a more sustainable level than can most other countries."
--http://newamerica-now.blogspot.com/2012/01/russian-move-against-us-called-first.html
This creates a consistent demand for US Dollars and upwards pressure on its value, regardless of economic conditions in the United States. This in turn allows the US government to gain revenues through seignorage and by issuing bonds at lower interest rates than they otherwise would be able to. As a result the US government can run higher budget deficits at a more sustainable level than can most other countries."
--http://newamerica-now.blogspot.com/2012/01/russian-move-against-us-called-first.html
Thursday, January 12, 2012
Baluarte Bridge
The Baluarte Bridge in Mexico was inaugurated on Januar 5, 2012. It is the world's tallest at 1322 feet above the ravine below.
Epic Failure - Fontainebleau
Fontainebleau Las Vegas was a massive 3900 room casino that originally was supposed to open in October 2009. More than $1.6 billion has already been spent on the project.
However, the developer ran out of money in 2009. Carl Icahn purchased the project at a bankruptcy sale for only $150 million. It will cost at least $1 billion to finish the project.
Construction was halted with only a couple of floors left to enclose the curtain wall at the top. Birds have infiltrated the top 2 floors. Extensive water damage has occurred. The building will likely sit for about 10 years before it is demolished.
Epic failure!
Wednesday, January 11, 2012
Most Futuristic Cities
I'm still working on this, but here is the start of the list:
1. Abu Dhabi/Masdar City
Masdar City is only 11 miles from Abu Dhabi, so it is fair to combine them. Definitely the most futuristic city on earth.
Site: http://www.masdarcity.ae/en/28/abu-dhabi-economic-vision-2030/
2. Tianjin Eco-City
This is a joint project of China and Singapore. Very cool pictures. (See also the proposed Jingwu Eco City.)
Site: http://www.tianjinecocity.gov.sg/
3. Astana, Kazakhstan
Playground of Norman Foster.
Site: http://www.astana.kz/en/
4. Dubai
5. King Abdullah Economic City (KAEC) / Jazan Economic City
Two very cool projects, combined for now because it is not clear how much has actually been constructed.
6. Doha / Lusail, Qatar
7. Iskandar, Malaysia
New city to be built near Singapore
8. Dholera, India
See also Gujarat International Finance Tec (G.I.F.T..) City, and Gandhinagar.
9. Yongsan / Songdo, South Korea
10. Gold Coast City, Australia
11. Kuwait City
12. Baku, Azerbaijan
13. Brasilia / Curitaba, Brazil
Two different futuristic cities in Brazil.
14. Riyadh, Saudi Arabia
15. Konza Techno City, Nairobi
To be continued...
1. Abu Dhabi/Masdar City
Masdar City is only 11 miles from Abu Dhabi, so it is fair to combine them. Definitely the most futuristic city on earth.
Site: http://www.masdarcity.ae/en/28/abu-dhabi-economic-vision-2030/
2. Tianjin Eco-City
This is a joint project of China and Singapore. Very cool pictures. (See also the proposed Jingwu Eco City.)
Site: http://www.tianjinecocity.gov.sg/
3. Astana, Kazakhstan
Playground of Norman Foster.
Site: http://www.astana.kz/en/
4. Dubai
5. King Abdullah Economic City (KAEC) / Jazan Economic City
Two very cool projects, combined for now because it is not clear how much has actually been constructed.
6. Doha / Lusail, Qatar
7. Iskandar, Malaysia
New city to be built near Singapore
8. Dholera, India
See also Gujarat International Finance Tec (G.I.F.T..) City, and Gandhinagar.
9. Yongsan / Songdo, South Korea
10. Gold Coast City, Australia
11. Kuwait City
12. Baku, Azerbaijan
13. Brasilia / Curitaba, Brazil
Two different futuristic cities in Brazil.
14. Riyadh, Saudi Arabia
15. Konza Techno City, Nairobi
To be continued...
The Shard
"Indeed, the Shard -- essentially London's first genuine skyscraper, has broken a taboo. It's the first building to alter the city's character, one that shrinks the old Roman city of London down to a picturesque stage set.
Irvine Sellar likes it that way. Sitting on the building's 15th floor, where parquet flooring and carpeting are already installed, he points out the view over London. "From here," he says, "you can look out on more than a thousand years of history." Sellar is a real estate developer and the man behind the tower that makes everything else in this city of 8 million -- the history, the architecture and, or course, the people -- appear small and insignificant. Sellar says his skyscraper will change London -- and not just for today or tomorrow, "but for centuries."
From: http://www.spiegel.de/international/europe/0,1518,806785,00.html
Irvine Sellar likes it that way. Sitting on the building's 15th floor, where parquet flooring and carpeting are already installed, he points out the view over London. "From here," he says, "you can look out on more than a thousand years of history." Sellar is a real estate developer and the man behind the tower that makes everything else in this city of 8 million -- the history, the architecture and, or course, the people -- appear small and insignificant. Sellar says his skyscraper will change London -- and not just for today or tomorrow, "but for centuries."
From: http://www.spiegel.de/international/europe/0,1518,806785,00.html
Top Emerging Cities
Abu Dhabi, UAE
Dubai, UAE
Cape Town, South Africa
Jeddah, Saudi Arabia
Casablanca, Morocco
Doha, Qatar
Riyadh, Saudi Arabia
Kuwait City, Kuwait
Kiev, Ukraine
Manama, Bahrain
Johannesburg, South Africa
Minsk, Belarus
Dakar, Senegal
Dar es Salaam, Tanzania
Nairobi, Kenya
Port Louis, Mauritius
Source: http://www.innovation-cities.com/innovation-cities-emerging-index-2010-mid-east-africa-city-rankings/
Dubai, UAE
Cape Town, South Africa
Jeddah, Saudi Arabia
Casablanca, Morocco
Doha, Qatar
Riyadh, Saudi Arabia
Kuwait City, Kuwait
Kiev, Ukraine
Manama, Bahrain
Johannesburg, South Africa
Minsk, Belarus
Dakar, Senegal
Dar es Salaam, Tanzania
Nairobi, Kenya
Port Louis, Mauritius
Source: http://www.innovation-cities.com/innovation-cities-emerging-index-2010-mid-east-africa-city-rankings/
Most Innovative Cities
Top cities to live, work and play, due to their strong innovation economics.
- Boston
- Paris
- Amsterdam
- Vienna, Austria
- New York
- Frankfurt, Germany
- San Francisco
- Copenhagen, Denmark
- Lyon, France
- Hamburg, Germany
- Berlin, Germany
- Toronto, Canada
- Stuttgart, Germany
- London, United Kingdom
- Munich, Germany
- Milan, Italy
- Stockholm, Sweden
- Hong Kong
- Melbourne, Australia
- Tokyo
- Rome, Italy
- Kyoto, Japan
- Washington DC
- Shanghai
- Düsseldorf, Germany
- Barcelona, Spain
- Seoul
- Sydney, Australia
- Prague, Czech Republic
- Philadelphia
- Singapore
- Brussels, Belgium
- Strasbourg, France
- Montréal
- Seattle
- Nantes, France
- Helsinki, Finland
- Marseille, France
- Leipzig, Germany
- Cologne, Germany
- Toulouse, France
- Karlsruhe, Germany
- Bordeaux, France
- Austin, Texas
- Minneapolis-St Paul
- Oslo, Norway
- Chicago
- Wellington, New Zealand
- Dresden, Germany
- Tel Aviv, Israel
What makes a city futuristic?
I love lists and I am preparing a list of cities that seem like they are from the future. What are the factors that make it so?
1. Vision. I'm looking for a website and videos that express its vision of the future. Just by being there, or looking at it, you should feel amazed and positive.
2. Not too big, not too small. Bigger is usually not better, so I am arbitrarily setting an upper limit of 5 million people (sorry Hong Kong). Also, it should have enough people to actually be a functioning city and not just a vision, so I am arbitrarily setting a lower limit of 100,000 people.
3. Skyscrapers are good. Also iconic buildings.
4. Pedestrian-friendly. Monorails or other people-moving systems are good. Cars are ok, as long as there are not massive traffic jams.
5. Green areas. Fountains are nice.
6. Planned cities are nice. Bonus for capital cities.
1. Vision. I'm looking for a website and videos that express its vision of the future. Just by being there, or looking at it, you should feel amazed and positive.
2. Not too big, not too small. Bigger is usually not better, so I am arbitrarily setting an upper limit of 5 million people (sorry Hong Kong). Also, it should have enough people to actually be a functioning city and not just a vision, so I am arbitrarily setting a lower limit of 100,000 people.
3. Skyscrapers are good. Also iconic buildings.
4. Pedestrian-friendly. Monorails or other people-moving systems are good. Cars are ok, as long as there are not massive traffic jams.
5. Green areas. Fountains are nice.
6. Planned cities are nice. Bonus for capital cities.
Tuesday, January 10, 2012
Global Cities
Here is yet another list of the top Global Cities. Compare my list.
Source: http://www.knightfrank.com/documents/wealthreport/TheWealthReport2011.pdf
- New York
- London
- Paris
- Tokyo
- Brussels
- Los Angeles
- Singapore
- Beijing
- Toronto
- Berlin
- Chicago
- Washington DC
- Seoul
- Frankfurt
- Sydney
- San Francisco
- Hong Kong
- Shanghai
- Mexico City
- Bangkok
- Moscow
- Zurich
- Munich
- Taipei
- Sao Paulo
- Buenos Aires
- Istanbul
- Milan
- Boston
- Miami
- Cairo
- Dubai
- Kuala Lumpur
- Tel Aviv
- Bogota
- Rio de Janeiro
- New Delhi
- Mumbai
- Jakarta
- Johannesburg
Source: http://www.knightfrank.com/documents/wealthreport/TheWealthReport2011.pdf
Most Livable Cities in the World
- Zurich
- Geneva
- Vancouver
- Vienna
- Auckland
- Dusseldorf
- Frankfurt
- Munich
- Bern
- Sydney
- Copenhagen
- Wellington
- Amsterdam
- Brussels
- Toronto
- Berlin
- Melbourne
- Luxembourg
- Ottawa
- Stockholm
- Perth
- Montreal
- Nurnberg
- Calgary
- Hamburg
- Oslo
- Dublin
- Honolulu
- San Francisco
- Adelaide
- Helsinki
- Brisbane
- Paris
- Singapore
- Tokyo
- Lyon
- Boston
- Yokohama
- London
- Kobe
- Barcelona
- Madrid
- Osaka
- Washington DC
- Chicago
- Portland
- Lisbon
- New York City
- Milan
- Seattle
=============
Here is another list of liveability rankings:
- Melbourne
- Vienna
- Vancouver
- Toronto
- Calgary
- Sydney
- Helsinki
- Perth
- Adelaide
- Auckland
Cities with the Largest Economies
- Tokyo
- New York
- Los Angeles
- Chicago
- London
- Paris
- Osaka/Kobe
- Mexico City
- Philadephia
- Sao Paulo
- Washington DC
- Boston
- Buenos Aires
- Dallas/Fort Worth
- Moscow
- Hong Kong
- Atlanta
- San Francisco/Oakland
- Houston
- Miami
- Seoul
- Toronto
- Detroit
- Seattle
- Shanghai
- Madrid
- Singapore
- Sydney
- Mumbai
- Rio de Janeiro
- Phoenix
- Minneapolis
- San Diego
- Istanbul
- Barcelona
- Melbourne
- Delhi
- Beijing
- Denver
- Manila
- Montreal
- Cairo
- Rome
- Guangzhou
- Baltimore
- Milan
- Tehran
- St Louis
- Tampa/St Petersburg
- Vienna
Cities with the Most Skyscrapers
- Hong Kong 1,221
- New York City 563
- Tokyo 344
- Chicago 282
- Dubai 231
- Shanghai 227
- Toronto 152
- Singapore 125
- Bangkok 111
- Seoul 110
- Guangzhou 108
- Osaka 102
- Sydney 101
- Moscow 89
- Miami 79
- Houston 78
- Mexico City 77
- Shenzhen 76
- Kuala Lumpur 76
- Beijing 73
- Melbourne 69
- San Francisco 68
- São Paulo 63
- Chongqing 61
- Mumbai 59
- Honolulu 59
- Istanbul 58
- Panama City 58
- Atlanta 56
- Los Angeles 55
- Rio de Janeiro 53
- Las Vegas 51
- Calgary 49
- Philadelphia 49
- Brisbane 49
- Vancouver 47
- Boston 46
- Jakarta 45
- Dallas 40
- Busan, South Korea 40
- Gold Coast City, Australia 40
- Seattle 39
- Kaohsiung, Taiwan 38
- Makati (Manila), Philippines 37
- Tianjin 37
- Nanjing 36
- Tel Aviv - Yaffo 36
- London 36
- Buenos Aires 34
- Caracas 33
- Denver 32
- Kobe 31
- Yokohama 31
- Ankara, Turkey 30
- Montréal 30
- Macao 29
- Cairo 29
- Frankfurt am Main 28
- San Diego 28
- Paris 27
- Detroit 26
- Minneapolis 26
- Benidorm, Spain 25
- Pittsburgh 25
- Doha, Qatar 24
- Abu Dhabi 23
- Recife, Brazil 23
- Dalian, China 21
- Incheon, South Korea 20
- Courbevoie (Paris), France 20
- Sharjah, UAE 19
- New Orleans 19
- Baltimore 18
- Durban, South Africa 18
- Mississauga (Toronto), Canada 17
- Chiba (Tokyo), Japan 17
- Phoenix 17
- Rotterdam 17
- Charlotte 16
- Ho Chi Minh City 16
- Jersey City 16
- Qingdao, China 16
- Chengdu, China 15
- Warsaw 15
- Puteaux (Paris), France 15
- Miami Beach 15
- Brussels 15
- Nagoya, Japan 15
- Sunny Isles Beach (Miami), US 15
- Wuhan, China 14
- Columbus 14
- Edmonton 14
- Cleveland 14
- Cincinnati 13
- Auckland 13
- Madrid 13
- Perth 12
- Changsha, China 12
- Kansas City 12
- Bogotá 12
Source: http://www.emporis.com/statistics/worlds-tallest-buildings
Monday, January 9, 2012
Sunday, January 8, 2012
Friday, January 6, 2012
Proposed World Government
The world government is split into 6 sectors, and one for the world as a whole. At each level, there are 3 different capitals: political, financial, and military. This is obviously a very US-centric view.
World Government
Political Capital: New York
Financial Capital: New York (or London)
Military Capital: Washington
Northern Sector
Political Capital: Kansas City (or San Antonio)
Financial Capital: Chicago
Military Capital: Colorado Springs
Southern Sector
Political Capital: Montevideo, Uruguay
Financial Capital: Sao Paulo
Military Capital: Miami
European Sector
Political Capital: Strasbourg, France (seat of the Council of Europe)
Financial Capital: London
Military Capital: Stuttgart, Germany
Central Sector
Political Capital: Abu Dhabi
Financial Capital: Dubai
Military Capital: Qatar (forward base of the US Central Command)
African Sector
Political Capital: Addis Ababa, Ethiopia
Financial Capital: Johannesburg
Military Capital: Stuttgart, Germany
Pacific Sector
Political Capital: Singapore (headquarters of Asia-Pacific Economic Cooperation)
Financial Capital: Hong Kong
Military Capital: Honolulu
World Government
Political Capital: New York
Financial Capital: New York (or London)
Military Capital: Washington
Northern Sector
Political Capital: Kansas City (or San Antonio)
Financial Capital: Chicago
Military Capital: Colorado Springs
Southern Sector
Political Capital: Montevideo, Uruguay
Financial Capital: Sao Paulo
Military Capital: Miami
European Sector
Political Capital: Strasbourg, France (seat of the Council of Europe)
Financial Capital: London
Military Capital: Stuttgart, Germany
Central Sector
Political Capital: Abu Dhabi
Financial Capital: Dubai
Military Capital: Qatar (forward base of the US Central Command)
African Sector
Political Capital: Addis Ababa, Ethiopia
Financial Capital: Johannesburg
Military Capital: Stuttgart, Germany
Pacific Sector
Political Capital: Singapore (headquarters of Asia-Pacific Economic Cooperation)
Financial Capital: Hong Kong
Military Capital: Honolulu
Thursday, January 5, 2012
Runner Up Cities
Any list is somewhat arbitrary. Here are the runner up cities which could possibly stake a claim into the top 100 if they can knock out some other candidate:
United States and Canada: Austin, TX; Calgary, Alberta; Cincinnati, OH; Cleveland, OH; Columbus, OH; Edmonton, Alberta; Hampton Roads, VA; Honolulu, HI; Indianapolis, IN; Kansas City, MO; Las Vegas, NV; Milwaukee, WI; New Orleans, LA; Oklahoma City, OK; Orlando, FL; Ottawa, Canada; Pittsburgh, PA; Richmond, VA; Salt Lake City, UT; San Antonio, TX; San Juan, Puerto Rico
South America: Belo Horizonte, Brazil; Caracas, Venezuela; Curitaba, Brazil; Montevideo, Uraguay; Porto Alegre, Brazil; Quito, Ecuador
Central America and Caribbean: Guadalajara, Mexico; Guatemala City; Nassau, Bahamas; Panama City; San Jose, Costa Rica; San Salvador, El Salvador; Santo Domingo, Dominican Republic;
Europe: Ankara, Turkey; Antwerp, Belgium; Athens, Greece; Belfast, UK; Belgrade, Serbia; Birmingham, UK; Bratislava, Slovakia; Bucharest, Romania; Budapest, Hungary; Cologne, Germany; Dusseldorf, Germany; Gibraltor; Gothenburg, Sweden; Kyiv, Ukraine; Leeds UK; Lisbon, Portugal; Ljubljana, Slovenia; Lyon, France; Manchester, UK; Malta; Monaco; Marseille, France; Nicosia, Cyprus; Reykjavik, Iceland; Riga, Latvia; Rotterdam, Netherlands; Sofia, Bulgaria; St. Petersburg, Russia; Stuttgart, Germany; Talinn, Estonia; Valencia, Spain; Vilnius, Lithuania; Zagreb, Croatia
Africa: Accra, Ghana; Alexandria, Egypt; Casablanca; Durban, South Africa; Libreville, Gabon; Kinshasa, DR Congo; Lagos, Nigeria; Nairobi, Kenya; Port Luis, Mauritius; Tunis, Tunisia;
Middle East: Amman, Jordan; Beirut, Lebanon; Jeddah, Saudi Arabia; Kuwait; Muscat, Oman
Asia: Adelaide, Australia; Ahmedebad, India; Almaty, Kazakhstan; Brisbane, Australia; Chengdu, China; Colombo, Sri Lanka; Daegu-Gyeongbuk, South Korea; Dhaka, Pakistan; Fukuoka, Japan; Gold Coast City, Australia; Hanoi, Vietnam; Incheon, South Korea; Islamabad, Pakistan; Kaohsiung, Taiwan; Lahore, Pakistan; Macau, China; Nagoya, Japan; Penang Island, Malaysia; Perth, Australia; Pune, India; Shenyang, China; Surat, India; Wuhan, China
==========
Here is another list, partially overlapping with this, of important cities that have not been included in the top 125:
Baku, Azerbaijan
Astana, Kazakhstan
Sacramento, CA
Kansas City, MO
Brakin (Brazzaville, Congo-Kinshasa,DR-Congo)
Durban, South Africa
Brunei
Nairobi, Kenya
San Antonio, Texas
Orlando, FL
Cincinnati, OH
Cleveland, OH
Las Vegas, NV
Budapest, Hungary
Panama City, Panama
Recife, Brazil
Wuhan, China
Gold Coast City, Australia
Daegu, South Korea
Incheon, South Korea
Penang Island, Malaysia
Perth, Australia
Kaohsiung, Taiwan
Adelaide, Australia
Curitiba, Brazil
Monaco
================
Partial list of cities that have not been included in top 200
Wellington, Adelaide, Putrajaya (Malaysia), Astana, Lausanne (Switzerland), Bonn, Turin
Addis Ababa, Abuja
Columbus, OH; Edmonton; Hampton Roads, VA; Indianapolis, IN; Milwaukee, WI; Oklahoma City, OK; Richmond, VA; Salt Lake City;
Kingston, Jamaica; San Juan, Puerto Rico, Quito
Katowice, Poland [pop. 2.7 million]
United States and Canada: Austin, TX; Calgary, Alberta; Cincinnati, OH; Cleveland, OH; Columbus, OH; Edmonton, Alberta; Hampton Roads, VA; Honolulu, HI; Indianapolis, IN; Kansas City, MO; Las Vegas, NV; Milwaukee, WI; New Orleans, LA; Oklahoma City, OK; Orlando, FL; Ottawa, Canada; Pittsburgh, PA; Richmond, VA; Salt Lake City, UT; San Antonio, TX; San Juan, Puerto Rico
South America: Belo Horizonte, Brazil; Caracas, Venezuela; Curitaba, Brazil; Montevideo, Uraguay; Porto Alegre, Brazil; Quito, Ecuador
Central America and Caribbean: Guadalajara, Mexico; Guatemala City; Nassau, Bahamas; Panama City; San Jose, Costa Rica; San Salvador, El Salvador; Santo Domingo, Dominican Republic;
Europe: Ankara, Turkey; Antwerp, Belgium; Athens, Greece; Belfast, UK; Belgrade, Serbia; Birmingham, UK; Bratislava, Slovakia; Bucharest, Romania; Budapest, Hungary; Cologne, Germany; Dusseldorf, Germany; Gibraltor; Gothenburg, Sweden; Kyiv, Ukraine; Leeds UK; Lisbon, Portugal; Ljubljana, Slovenia; Lyon, France; Manchester, UK; Malta; Monaco; Marseille, France; Nicosia, Cyprus; Reykjavik, Iceland; Riga, Latvia; Rotterdam, Netherlands; Sofia, Bulgaria; St. Petersburg, Russia; Stuttgart, Germany; Talinn, Estonia; Valencia, Spain; Vilnius, Lithuania; Zagreb, Croatia
Africa: Accra, Ghana; Alexandria, Egypt; Casablanca; Durban, South Africa; Libreville, Gabon; Kinshasa, DR Congo; Lagos, Nigeria; Nairobi, Kenya; Port Luis, Mauritius; Tunis, Tunisia;
Middle East: Amman, Jordan; Beirut, Lebanon; Jeddah, Saudi Arabia; Kuwait; Muscat, Oman
Asia: Adelaide, Australia; Ahmedebad, India; Almaty, Kazakhstan; Brisbane, Australia; Chengdu, China; Colombo, Sri Lanka; Daegu-Gyeongbuk, South Korea; Dhaka, Pakistan; Fukuoka, Japan; Gold Coast City, Australia; Hanoi, Vietnam; Incheon, South Korea; Islamabad, Pakistan; Kaohsiung, Taiwan; Lahore, Pakistan; Macau, China; Nagoya, Japan; Penang Island, Malaysia; Perth, Australia; Pune, India; Shenyang, China; Surat, India; Wuhan, China
==========
Here is another list, partially overlapping with this, of important cities that have not been included in the top 125:
Baku, Azerbaijan
Astana, Kazakhstan
Sacramento, CA
Kansas City, MO
Brakin (Brazzaville, Congo-Kinshasa,DR-Congo)
Durban, South Africa
Brunei
Nairobi, Kenya
San Antonio, Texas
Orlando, FL
Cincinnati, OH
Cleveland, OH
Las Vegas, NV
Budapest, Hungary
Panama City, Panama
Recife, Brazil
Wuhan, China
Gold Coast City, Australia
Daegu, South Korea
Incheon, South Korea
Penang Island, Malaysia
Perth, Australia
Kaohsiung, Taiwan
Adelaide, Australia
Curitiba, Brazil
Monaco
================
Partial list of cities that have not been included in top 200
Wellington, Adelaide, Putrajaya (Malaysia), Astana, Lausanne (Switzerland), Bonn, Turin
Addis Ababa, Abuja
Columbus, OH; Edmonton; Hampton Roads, VA; Indianapolis, IN; Milwaukee, WI; Oklahoma City, OK; Richmond, VA; Salt Lake City;
Kingston, Jamaica; San Juan, Puerto Rico, Quito
Katowice, Poland [pop. 2.7 million]
Top 100 Powerful Cities of the World
Here is my list of the Top 100 Cities of the World. This is based on several criteria, sometimes competing. In general it is ranked by GDP, with adjustments for other factors, such as political power. For instance, Washington and Brussels are ranked higher for political reasons. I think it is pretty good for a first pass and it is subject to change.
Of this number, 24 are in the United States and Canada, 3 in Central America and the Caribbean, 7 are in South America, 28 are in Europe (including Russia & Turkey), 3 are in Africa, 6 are in the Middle East and 29 are in Asia (including India & Australia).
Update: Honolulu should be in the top 50 at least.
Of this number, 24 are in the United States and Canada, 3 in Central America and the Caribbean, 7 are in South America, 28 are in Europe (including Russia & Turkey), 3 are in Africa, 6 are in the Middle East and 29 are in Asia (including India & Australia).
- New York, NY
- London
- Washington DC/Baltimore, MD
- Tokyo, Japan
- Hong Kong
- Los Angeles/Riverside, CA
- Chicago, IL
- Paris, France
- Singapore
- Brussels, Belgium
- Shanghai, China
- San Francisco/San Jose, CA
- Zurich, Switzerland
- Sao Paulo, Brazil
- Boston, MA
- Mexico City, Mexico
- Buenos Aires, Argentina
- Sydney, Australia
- Seoul, Korea
- Moscow, Russia
- Beijing, China
- Toronto, Canada
- Frankfurt, Germany
- Berlin, Germany
- Madrid, Spain
- Mumbai, India
- Osaka/Kobe, Japan
- Delhi/New Delhi, India
- Houston, TX
- Taipei, Taiwan
- Dallas/Fort Worth, TX
- Philadelphia, PA
- Guangzhou, China
- Atlanta, GA
- Rio de Janeiro, Brazil
- Miami, FL
- Geneva, Switzerland
- Jersey/Guernsey/Isle of Man
- Montreal, Canada
- Vienna, Austria
- Istanbul, Turkey
- Vancouver, Canada
- Amsterdam, Netherlands
- Stockholm, Sweden
- Barcelona, Spain
- Dubai
- Rome, Italy
- Edinburgh/Glasgow, UK
- Copenhagen, Denmark
- Cairo, Egypt
- Manila, Philippines
- Melbourne, Australia
- Seattle, WA
- Minneapolis/St. Paul, MN
- Munich, Germany
- Kuala Lumpur, Malaysia
- Kolkata, India
- Phoenix, AZ
- San Diego/Tijuana, CA
- Auckland/Wellington, New Zealand
- Manama, Bahrain
- Tehran, Iran
- Barcelona, Spain
- Bangkok, Thailand
- Jakarta, Indonesia
- Shenzhen, China
- Denver, CO
- Tianjin, China
- Riyadh, Saudi Arabia
- Hamilton, Bermuda / Road Town, British Virgin Islands / George Town, Cayman Islands
- Lima, Peru
- Brasilia, Brazil
- Santiago, Chile
- Rome, Italy
- Luxembourg
- Bangalore, India
- Johannesburg, South Africa
- Dublin, Ireland
- Karachi, Pakistan
- Bogota, Colombia
- Tel Aviv, Israel
- Oslo, Norway
- Helsinki, Finland
- Monterrey, Mexico
- Charlotte, NC
- Cape Town, South Africa
- Detroit, MI
- Ho Chi Min City, Vietnam
- Milan, Italy
- Busan, Korea
- Chennai, India
- St Louis, MO
- Doha, Qatar
- Chonqing, China
- Tampa/St Petersburg, FL
- Warsaw, Poland
- Hyderabad, India
- Abu Dhabi
- Portland, OR
- Prague, Czech Republic
Update: Honolulu should be in the top 50 at least.
Top Business Cities
- London
- New York
- Hong Kong
- Singapore
- Shanghai
- Tokyo
- Chicago
- Zurich
- San Francisco
- Toronto
- Seoul
- Boston
- Geneva
- Washington DC
- Sydney
- Frankfurt
- Vancouver
- Melbourne
- Beijing
- Montreal
- Jersey
- Munich
- Taipei
- Paris
- Shenzhen
- Osaka
- Wellington
- Stockholm
- Luxembourg
- Qatar
- Guernsey
- Edinburgh
- Glasgow
- Copenhagen
- Amsterdam
- Dubai
- Oslo
- Kuala Lumpur
- Helsinki
- Isle of Man
- Hamilton (Bermuda)
- Vienna
- Dublin
- Brussels
- British Virgin Islands
- Cayman Islands
- Mexico City
- Madrid
- Sao Paulo
- Milan
- Prague
- Johannesburg
- Rio de Janeiro
- Rome
- Bahrain
- Warsaw
- Bangkok
- Gibraltar
- Monaco
- Lisbon
- Moscow
- Istanbul
- Buenos Aires
- Mumbai
- Jakarta
- Riyadh
- Talinn
- Mauritius
- Manila
- Malta
- St Petersburg
- Bahamas
- Budapest
- Reykjavik
- Athens
Hedge funds moving to Malta
"Malta has also begun to win business from more-established fund jurisdictions. The island has benefited from a growing demand by investors for transparency as well as from fears among hedge funds that the EU was becoming increasingly hostile to firms based outside of it.
In 2010, nine companies from the British Virgin Islands, seven from the Cayman Islands and six from Luxembourg switched their legal domicile to Malta, according to the MFSA. In addition, at least a dozen large U.K. hedge funds and funds of hedge funds have shifted part of their operations, including accounting and investor relations, to Malta.
[Paul] Keegan says adjustment to life on Malta is easy. U.K. newspapers and British television are ubiquitous. Public telephone booths are even the same iconic red ones found in Britain. Keegan doesn’t miss London’s weather. Malta averages 300 days of sunshine per year. And he and his wife are building a house on the island, something he says they could never have afforded to do in London, where they lived in a two-bedroom apartment."
--http://www.bloomberg.com/news/2012-01-05/malta-lures-connecticut-hedge-funds-with-300-days-of-sun-aided-by-eu-rules.html
In 2010, nine companies from the British Virgin Islands, seven from the Cayman Islands and six from Luxembourg switched their legal domicile to Malta, according to the MFSA. In addition, at least a dozen large U.K. hedge funds and funds of hedge funds have shifted part of their operations, including accounting and investor relations, to Malta.
[Paul] Keegan says adjustment to life on Malta is easy. U.K. newspapers and British television are ubiquitous. Public telephone booths are even the same iconic red ones found in Britain. Keegan doesn’t miss London’s weather. Malta averages 300 days of sunshine per year. And he and his wife are building a house on the island, something he says they could never have afforded to do in London, where they lived in a two-bedroom apartment."
--http://www.bloomberg.com/news/2012-01-05/malta-lures-connecticut-hedge-funds-with-300-days-of-sun-aided-by-eu-rules.html
Tuesday, January 3, 2012
Debt jumps $97 billion overnight
On 12/29/2011 the national debt was $15,126 billion.
On 12/30/2011 the national debt was $15,223 billion. The debt held by the public went up only $12 billion, whereas intragovernmental debt went up $85 billion to a new record high of $4,775 billion.
Debt held by the public went up only $58 billion in December.
On 12/30/2011 the national debt was $15,223 billion. The debt held by the public went up only $12 billion, whereas intragovernmental debt went up $85 billion to a new record high of $4,775 billion.
Debt held by the public went up only $58 billion in December.
Monday, January 2, 2012
Cold War with Iran
There is a cold war going on right now with Iran. The US is blacklisting the whole country. Iran sees this as a provocation and may shut down the Straits of Hormuz. And then the US Navy will intervene to reopen it.
See: http://www.guardian.co.uk/world/2012/jan/02/iran-currency-plunges-us-sanction
Iran test-fires long-range missile in naval drill
"The US has slapped sanctions on Iran, targeting its financial sector while the EU is considering an embargo on Iranian oil. But if the West suffocates Iran, it will have no option but to respond in a severe manner, Dr Seyed Mohammad Marandi told RT.
“The problem is that the US is pushing this conflict, this confrontation, in a direction which is becoming dangerous,” said Marandi of the University of Tehran.
--‘Iran opposes US hegemony’
See: http://www.guardian.co.uk/world/2012/jan/02/iran-currency-plunges-us-sanction
Iran test-fires long-range missile in naval drill
"The US has slapped sanctions on Iran, targeting its financial sector while the EU is considering an embargo on Iranian oil. But if the West suffocates Iran, it will have no option but to respond in a severe manner, Dr Seyed Mohammad Marandi told RT.
“The problem is that the US is pushing this conflict, this confrontation, in a direction which is becoming dangerous,” said Marandi of the University of Tehran.
--‘Iran opposes US hegemony’
Sunday, January 1, 2012
Riyadh
The title of the video says "Riyadh female University", but it appears to be a downtown area of Riyadh. Very cool and futuristic.
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