http://www.bbc.co.uk/news/magazine-17344386
Embrace the truth!
Isn't Apple worth more than Poland though? I'm hard pressed to think of something worthwhile in Poland.
Anyway, this bit seemed odd.
Quote"When you take the market cap of a company like Apple this can change very quickly," says De Grauwe. "It is quite possible that in five years the market cap of Apple could have dropped to $100bn or $200bn.
"Look what happened to Microsoft. Not so long ago Microsoft was the biggest company in the world. Now it has weighed down. The price of a company's shares can move up a lot, but can [also] crash."
as countries can crash to.
Poland does have tens of millions of people. Those don't come cheap.
Quote from: garbon on March 13, 2012, 10:31:40 AM
Isn't Apple worth more than Poland though?
No. Market cap is a stock, GDP is a flow. If Apple's revenues were higher than Poland's GDP then the headline would work.
Quote from: Admiral Yi on March 13, 2012, 10:42:33 AM
Quote from: garbon on March 13, 2012, 10:31:40 AM
Isn't Apple worth more than Poland though?
No. Market cap is a stock, GDP is a flow. If Apple's revenues were higher than Poland's GDP then the headline would work.
:huh:
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
Quote from: Razgovory on March 13, 2012, 11:01:07 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
Is this new Iphone still in development or has it been released? That's a three or four digit difference right there.
Quote from: garbon on March 13, 2012, 10:47:54 AM
:huh:
Tell me which of the big words you didn't get.
Quote from: Admiral Yi on March 13, 2012, 11:12:56 AM
Quote from: garbon on March 13, 2012, 10:47:54 AM
:huh:
Tell me which of the big words you didn't get.
I don't see how that relates to my flippant remark. I guess there is some humor value in responding in a deadpan manner but it didn't work for me.
Quote from: Razgovory on March 13, 2012, 11:01:07 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
But if you had a pretty iphone with big tits, would you really need a Pole?
Quote from: garbon on March 13, 2012, 11:15:39 AM
I don't see how that relates to my flippant remark.
It relates to your flippant remark by being a refutation of it.
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
They do in Chung Kuo.
Quote from: Admiral Yi on March 13, 2012, 11:21:15 AM
Quote from: garbon on March 13, 2012, 11:15:39 AM
I don't see how that relates to my flippant remark.
It relates to your flippant remark by being a refutation of it.
But I wasn't talking about the arguments put forth in the article nor advancing the same.
When the President has to say that the President of the United States is relevant, he isn't.
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
wait, you're saying the fact that poland is full of poles is a plus for poland :unsure:
Quote from: HVC on March 13, 2012, 11:53:12 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
wait, you're saying the fact that poland is full of poles is a plus for poland :unsure:
He who comes from Portugal shouldn't throw stones. :P
Poland worth more than an apple? Tough call.
Quote from: Martinus on March 13, 2012, 12:08:32 PM
He who comes from Portugal shouldn't throw stones. :P
Leave that to the Iranians.
Quote from: garbon on March 13, 2012, 11:41:34 AM
But I wasn't talking about the arguments put forth in the article nor advancing the same.
You were suggesting a comparison of Apple and Poland's relative moral worth? God that's funny. Sorry I intruded.
Quote from: Martinus on March 13, 2012, 12:08:32 PM
Quote from: HVC on March 13, 2012, 11:53:12 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
wait, you're saying the fact that poland is full of poles is a plus for poland :unsure:
He who comes from Portugal shouldn't throw stones. :P
I'll let my parents know :P
Besides, porkcops are lazy, not dumb :D
Quote from: HVC on March 13, 2012, 12:27:44 PM
Besides, porkcops are lazy, not dumb :D
And that makes them valuable? :huh:
Quote from: Peter Wiggin on March 13, 2012, 12:40:11 PM
Quote from: HVC on March 13, 2012, 12:27:44 PM
Besides, porkcops are lazy, not dumb :D
And that makes them valuable? :huh:
Well, in the construction industry time is money. the more time it takes you to build the more you get paid, so yes, it makes them valuable actually :lol:
Also, i just noticed my signature and personal text nicely mirrors this new topic of discussion :D
Quote from: HVC on March 13, 2012, 12:27:44 PM
Besides, porkcops are lazy, not dumb :D
A.C.A.P.?
For once a Marti bitch thread I can agree with.
Yes, it is undeniably stupid to compare Apple's market cap. to Poland's GDP. The total value of a country the size of Poland, with its location and everything factored in, would easily be over $1tn just from all the land and buildings and natural resources therein.
I do find it surprising Poland is that poor, I mean I knew Poland was poor, but that's a low GDP for a country 38m...their population is larger than California's but their GDP is half of California's.
Additionally I just read online that 96.7% of people living in Poland are Poles, which has to decrease the intrinsic value of the country as any holdings there are infested with Poles akin to a house infested with silverfish.
BTW, did the "Occupy" movement do anything in Poland?
Quote from: Peter Wiggin on March 13, 2012, 01:55:43 PM
BTW, did the "Occupy" movement do anything in Poland?
Got rid of a shitload of Jews.
Oh, which one are you talking about?
Quote from: CountDeMoney on March 13, 2012, 03:01:14 PM
Got rid of a shitload of Jews.
Well, yeah, but I was thinking Poles might have some negative associations with the word as well.
Quote from: Peter Wiggin on March 13, 2012, 01:55:43 PM
BTW, did the "Occupy" movement do anything in Poland?
It didn't really get much traction - Poles are very pro-free market these days. The only part that got people to the streets was the threat to adopt ACTA (a treaty attempting to do something like SOPA).
Quote from: Solmyr on March 13, 2012, 11:20:10 AM
Quote from: Razgovory on March 13, 2012, 11:01:07 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
But if you had a pretty iphone with big tits, would you really need a Pole?
I'm not sure what use an Iphone with big tits would be.
One is Market Capitalisation and the other is GDP it's like comparing Apples and Polands.
(oh, come on, I know you wanted to make that joke)
Quote from: Viking on March 13, 2012, 06:03:26 PM
One is Market Capitalisation and the other is GDP it's like comparing Apples and Polands.
(oh, come on, I know you wanted to make that joke)
I can safely (and proudly) say that I did not.
Maybe Cecil will want to reevaluate his opinion. :hmm:
Quote from: Admiral Yi on March 13, 2012, 10:42:33 AM
No. Market cap is a stock, GDP is a flow. If Apple's revenues were higher than Poland's GDP then the headline would work.
No, it wouldn't. GDP is value added so you would have to determine the gross profit or some similar figure of Apple and compare.
The change in my seat cushions are worth more than Poland.
Quote from: Razgovory on March 13, 2012, 05:43:47 PM
Quote from: Solmyr on March 13, 2012, 11:20:10 AM
Quote from: Razgovory on March 13, 2012, 11:01:07 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
But if you had a pretty iphone with big tits, would you really need a Pole?
I'm not sure what use an Iphone with big tits would be.
Still more use than a Pole?
Quote from: Zanza on March 13, 2012, 06:16:00 PM
Quote from: Admiral Yi on March 13, 2012, 10:42:33 AM
No. Market cap is a stock, GDP is a flow. If Apple's revenues were higher than Poland's GDP then the headline would work.
No, it wouldn't. GDP is value added so you would have to determine the gross profit or some similar figure of Apple and compare.
There is no way to come up with an equivalent expense amount for a country. The "cost" of producing a particular GDP is making the payments to the various factors to induce those factors to supply the various inputs that result in GDP. So the "net income" of a country in terms of the amount of value added (or "gross profit") minus payment to domestic factors ("SG+A") is going to equal to the current account.
Quote from: Razgovory on March 13, 2012, 05:43:47 PM
Quote from: Solmyr on March 13, 2012, 11:20:10 AM
Quote from: Razgovory on March 13, 2012, 11:01:07 AM
Quote from: DGuller on March 13, 2012, 10:41:55 AM
Poland does have tens of millions of people. Those don't come cheap.
I wonder which is worth more. The new IPhone or a Pole? I'm think a pretty one with big tits. The Pole that is, not the Iphone.
But if you had a pretty iphone with big tits, would you really need a Pole?
I'm not sure what use an Iphone with big tits would be.
With the right apps, it would be a big seller in Japan. :D