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Yes, actual size, but also relative to the size of their economy. Considering Philippines GDP, this is significant.
by thelastgallon 3y ago
Yes, 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.