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In today's value it's worth -16B according to this. If we're going to base things on how negative they are, then this article should assume that the United Stat
by rhacker 7y ago
In today's value it's worth -16B according to this. If we're going to base things on how negative they are, then this article should assume that the United States land is worth -10K per acre (22 trillion debt with 2.3 billion acres of land). So negative values aside, the math to consider how much something is worth should never be based on the drain it has on society - otherwise why do we even have 22T of debt? So should we just call it all negative and sell it to china for 5B?
I know my math is ridiculous but so is considering selling 535M acres for $1 billion. 50 cents an acre... where I'm trying to buy land it seems it's around 50k/acre.
- adventured 7y agoIt's not just that your math is ridiculous (as you acknowledge), it doesn't make any sense. Greenland has almost no economy, a mere $2.7b in GDP, and few assets. You can't use negative $22 trillion as the basis with the US while ignoring the $110 trillion in household wealth and massive corporate & government assets (stacked against $50t-$55t in total debt between household + corporate + government). That's the part that makes no sense. The asset value of everything in the US is at least $150t in the positive after you remove all debt. That's while ignoring additional value that should be applied to the annual output of the economic activity - and considerations for future gains - within the US territory and any other fringe benefits that go with it all as a package deal (USD global reserve currency, US military, 50 top universities, etc). Greenland has 56,000 people producing a GDP per capita of $48,000. The US has 330 million people producing a GDP per capita of ~$63,500 or so (about 119% higher than Europe's $29,000 per capita). You get the people with the territory in the US, and they're among the most productive on earth in terms of per capita output. A better number would be $65,000+ per acre before you include consideration for annual output and other benefits. If you count everything, it'd be far over $100,000 per acre.
- ngcc_hk 7y agoBut if someone find diamond in the dark side of the moon, would you sell USA or just al to evil communist for money. Would you sell your homeland?
- brighter2morrow 7y ago>But if someone find diamond in the dark side of the moon, would you sell USA or just al to evil communist for money. >Would you sell your homeland? What does it mean for the USA to be my homeland? My family has been here for centuries but the government is working more for "new Americans" than those of us who built the country. In that sense my homeland has been given away without my consent.
- asr 7y agoCongrats on building the country! Oh wait, you didn’t, it was your ancestors. Not sure why you think you deserve something based on your lineage—that’s an unamerican idea if I’ve ever heard one. Your idea that there is some deep conflict between immigrants and people already here is also basically wrong. Immigrants have always been a huge source of strength for America and a net benefit to those already here.
- brighter2morrow 7y agoSo if my ancestors building America means nothing to you then why do you say I should care if we start selling it off in part or in full? Our rulers are importing a new voter base so politicians can continue to target legacy Americans for tax extraction, businesen can suppress our wages while raising the cost of schooling and housing, without giving nearly as much back.