4 ms·
Isn't the actual size important, and not the money involved?
by 38 3y ago
Isn't the actual size important, and not the money involved?
- thelastgallon 3y agoYes, actual size, but also relative to the size of their economy. Considering Philippines GDP, this is significant.
- throwboatyface 3y agoWhat's the GDP of the Ute nation? It's probably quite a significant investment for them as well.
- deaddodo 3y ago2.96bln USD So 35% of the Ute Nation's GDP vs 1.3% of the Phillipines. OP is clearly either uninformed or biased. Or just doesn't understand Tribal Sovereignty status in the US.
- Gibbon1 3y agoWorth noting GDP is per year. Where the project cost is over the 30 year life[1] of the project. Through the magic of finance 35% becomes 1.17%. [1] One feels that 30 life for something where components can be constantly replaced as they wear out is a misnomer.
- deaddodo 3y agoDoing the same to the Filipino project drops it down to .35%, so the total impact is still 1/3 that of the Ute project. Additionally, the Ute will need to weather that impact for a full 30 years, while the Filipinos will only need to for a few.