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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (63717)	5/19/2010 6:01:26 AM
From: elmatador	Respond to of 217657

shifting production to low- cost energy sites from Iceland to Saudi Arabia as it seeks to compete with rivals Aluminum Corp. of China Ltd., or Chalco, and Norsk Hydro ASA. Electricity accounts for about one-third of the cost to produce aluminum, used in airplanes and soda cans. businessweek.com As you see Mr. TJ. China forces geography change. Overall good as "to each one according to its competitive strength" and subsidies system have not started to be dismantled in the OECD, yet...

To: TobagoJack who wrote (63717)	5/19/2010 7:34:39 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217657

From the report you e-mailed me - the difference CA is a 1.8 trillion economy and NY and ILL are in similar situation - comparing EU v US Sizing up the Risks The comparison isn't quite as flattering once the federal government is added to the mix. Since federal taxes have a claim on incomes in every state, a proportional amount of federal debt should be added to a given state's burden for a proper comparison. For example, adding California?s FY2010 state deficit, projected to be 2.5% of state GDP, to the state's proportional share of the 2010 federal deficit, which we estimate to be 10.7% of GDP, produces a number very similar to Greece's 12.5% deficit. However, the debt comparison is more favorable, with a 70% of GDP combined state-federal gross debt ratio versus 115% in Greece (or 47% vs. 86% on a net basis). Regardless of the links between them, states and the federal government face similar fiscal risks, which generally fall into three general categories.