Results 1 to 13 of 13

Thread: Ranking Countries - Economically

  1. #1

    Default Ranking Countries - Economically

    website Singapore is 9th.
    Definition: Current Account Balance is the total record of payments for imports and exports of goods and services, plus income flowing into and out of the country, plus net transfer of money into and out of the country.
    __________________
    Konica Minolta 7D, Minolta Dimage A1
    Last edited by satay16; 23rd August 2006 at 06:34 PM.

  2. #2
    Senior Member
    Join Date
    Mar 2002
    Location
    Hong Kong
    Posts
    3,688

    Default Re: Ranking Countries - Economically

    Quote Originally Posted by satay16
    website Singapore is 9th.
    Definition: Current Account Balance is the total record of payments for imports and exports of goods and services, plus income flowing into and out of the country, plus net transfer of money into and out of the country.
    __________________
    Konica Minolta 7D, Minolta Dimage A1
    I believe this accounts ALL goods coming in and leaving SIN city as well, so not only for goods MADE in SIN city and sold overseas.......but also for goods passing through SIN city and on their way to other countries???

    HS

  3. #3

    Default Re: Ranking Countries - Economically

    W00t..


    I like your flamed satay..


    .

  4. #4

    Default Re: Ranking Countries - Economically

    Quote Originally Posted by AReality
    W00t..


    I like your flamed satay..


    .
    ok.......... thanks. i think.
    btw, make a rough guess where US stands. after guessing, search for it.
    __________________
    Konica Minolta 7D, Minolta Dimage A1

  5. #5

    Default Re: Ranking Countries - Economically

    After reading it for a while, I concluded that this is not a benchmark for standard of living or how rich people are generally. I don't even know what this can be used for.

  6. #6
    Senior Member
    Join Date
    Apr 2005
    Location
    270 degree of Singapore
    Posts
    6,741

    Default Re: Ranking Countries - Economically

    it's more of a balance sheet of the country import and export in monetary value.

    that amount is probably = export - import (plus some other thing).
    Sony Alpha 700 hobbyist

  7. #7

    Default Re: Ranking Countries - Economically

    Ok .

  8. #8

    Default Re: Ranking Countries - Economically

    actually, i found this pretty interesting as it kind of show US living on borrowed funds pretty well.

  9. #9

    Default Re: Ranking Countries - Economically

    Yep. Has always been like that.

  10. #10

    Default Re: Ranking Countries - Economically

    Quote Originally Posted by satay16
    actually, i found this pretty interesting as it kind of show US living on borrowed funds pretty well.
    in effect, their existance is something like a favour-violence dictomy.

    US borrows from country

    Country needs commodity or services from US

    US uses borrowed money to develop weapons

    Country begs for money back.

    US tells country, you need us.

    Country gets tough.

    US tells country. we have weapons.

    Country keeps quiet.

  11. #11
    Senior Member
    Join Date
    Jan 2004
    Location
    Melbourne
    Posts
    494

    Default Re: Ranking Countries - Economically

    To be fair, everyone is borrowed from everybody.

    Subsidy, foreign aids(money or arms), loans and most favoured trading nation status, etc etc.......how to ranked who is betta?

    Most importantly, are you happy with where you are



    I am happy with D2Xs(or its equivalent) in the pipeline

  12. #12
    Member
    Join Date
    Dec 2003
    Location
    CCK
    Posts
    1,051

    Default Re: Ranking Countries - Economically

    Quote Originally Posted by feryl
    in effect, their existance is something like a favour-violence dictomy.

    US borrows from country

    Country needs commodity or services from US

    US uses borrowed money to develop weapons

    Country begs for money back.

    US tells country, you need us.

    Country gets tough.

    US tells country. we have weapons.

    Country keeps quiet.
    What a good joke!

    Your first 2 statements are already contradictions. If Country A needed some services or commodities from the US, why would the US need to borrow from country A? Why not just make country A pay for the services? This is a typical leap of logic.

    As if it were that easy to disentangle who was lending to whom. The calculation of the debt is a complex process and based on many guesstimates, including private sector, government sector, actual loans and bonds. Which single overseas GOVERNMENT can claim to have such a big slice of the overall debt to specifically the US GOVERNMENT that a sudden recall could precipitate a crisis?

    In other words, you do not have a logical case.

    Anyhow, back to your somewhat humorous post....specifically, please point out a single example where a "country" that has loaned money to the US government had suddenly asked for a recall, and subsequently been threatened with weapons?
    Last edited by dkw; 25th August 2006 at 04:42 PM.

  13. #13

    Default Re: Ranking Countries - Economically

    Any other explaination why the US is at the bottom? Speculation is a bit confusing leh...
    Any one expert in economics?

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •