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A (Visual) Tale of 25 Cities (And Half The World's GDP)

Tyler Durden's picture




 

With more people in the world living in cities than ever before, cities’ share of global GDP is rising: 25 cities account for approximately 50% of the world’s GDP. But not all cities can be winners, and not all are destined for greatness. The following smorgasbord of charts highlight how successful cities have typically had natural advantages such as location, time zone and resources; but more importantly, to remain successful they need education, a skilled workforce, strong property rights, a broad base of industries and in some cases, policies aimed at attracting capital and talent. Conversely, As Goldman notes, when cities fail it tends to be either because of an overreliance on an industry that has seen a dramatic shift in its profitability, or as a result of the vested interests of those that control them.

 

It took 1000 years for Rome to be topples as the world's largest (by population) city...

 

The following 12 charts suggest some cities are on the ascent, some are bubbling dangerously, and others have reached 'peak' citiness...

 

Source: Credit Suisse and Goldman Sachs

 

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Sat, 11/23/2013 - 19:33 | 4184189 TeamDepends
TeamDepends's picture

Anybody else moving to the country?

Sat, 11/23/2013 - 19:39 | 4184202 prains
prains's picture

...moving countries is probably a better solution at this point.......Oligarch 124.....serfianbaglicker 0

 

it's a shut out at his point

Sat, 11/23/2013 - 19:42 | 4184216 LetThemEatRand
LetThemEatRand's picture

The Bush family bought a ton of rural property in Paraguay.  Wonder why.

Sat, 11/23/2013 - 20:07 | 4184267 WOAR
WOAR's picture

Didn't he also buy a ton of water rights in Mexico somewhere?

Sat, 11/23/2013 - 20:12 | 4184278 Jam Akin
Jam Akin's picture

Southern hemisphere offers protection from Fuku radiation...

Sun, 11/24/2013 - 08:23 | 4185157 Oracle 911
Oracle 911's picture

Until it don't, because of sea currents.

Sat, 11/23/2013 - 20:24 | 4184293 Milestones
Milestones's picture

Rand also--The property was alleged to be appx 155,000 acres in the lush pampus region and the water rights are also under the property in Paraguay which is the wild  willy of S.A.countries.

Supposedly the aquafilter which our earlier scumbag bought is one of the largest in S.A. It might prove to be very valuable as Paraguay is only one of two countries in S.A. that is landlocked; the other being Bolovia.

Been to Paraguay, and the law appears to be rather--shall we say, a little ragged around the ears.            Milestones

Sat, 11/23/2013 - 20:22 | 4184292 TeamDepends
TeamDepends's picture

Coca-Coca-Cola.

Sun, 11/24/2013 - 04:32 | 4185033 Ratscam
Ratscam's picture

biggest rural landowners in Argentina are George Soros via Cresud SA and the Benetton family, mostly patagonia because of the wool.

Sun, 11/24/2013 - 14:02 | 4185764 TPTB_r_TBTF
TPTB_r_TBTF's picture

There are those who own whole countries.

 

“Queen Elizabeth II the largest landowner on Earth.”
  1. Queen Elizabeth II, head of state of the United Kingdom and of 31 other states and territories, is the legal owner of about 6,600 million acres of land, one sixth of the earth’s non ocean surface. She is the only person on earth who owns whole countries, and who owns countries that are not her own domestic territory.
  2. the next largest landowner is the Russian state, with an overall ownership of 4,219 million acres, and a direct ownership comparable with the Queen’s land holding of 2,447 million acres.
  3. The 3rd largest landowner is the Chinese state, which claims all of Chinese land, about 2,365 million acres.
  4. The 4th largest landowner on earth is the Federal Government of the United States, which owns about one third of the land of the USA, 760 million acres.
  5. The fifth largest landowner on earth is the King of Saudi Arabia with 553 million acres

Who owns the World?

Sun, 11/24/2013 - 15:52 | 4185984 Kirk2NCC1701
Kirk2NCC1701's picture

Well, it ain't "socialists", as many programmed retards proclaim/regurgitate.

It about fucking time that ppl here stop drinking party-Kool-Aid, and realize the truth (that I've been proclaiming for a year):

It's the FEUDAL masters. Who have had a Hundred years to reorganize and globalize.
The term a "King of the World" is more than a figure of speech.

But a lifetime of conditioning, that results in the Normalcy Bias and Stockholm Syndrome for most sheeple, is very hard to overcome, I realize.

Sun, 11/24/2013 - 15:58 | 4185999 Crash Overide
Crash Overide's picture

Who owns the World?

The Vatican?

 

Large cities are a breeding ground for zombies, yeah I said zombies...

Sun, 11/24/2013 - 19:42 | 4186474 putaipan
putaipan's picture

calling henry george ...

Sat, 11/23/2013 - 19:50 | 4184236 TeamDepends
TeamDepends's picture

Which country?  Is there one without a Rothschild bank?  And don't say Venezuela.

Sat, 11/23/2013 - 20:07 | 4184270 Occident Mortal
Occident Mortal's picture

Just move to Switzerland.

Nobody screws around in their own neighbourhood.

Sat, 11/23/2013 - 20:28 | 4184296 Yen Cross
Yen Cross's picture

Occident Mortal  Are you bipolar?

  Just yesterday you were inbracing the virtues of all things electronic?


Sun, 11/24/2013 - 04:34 | 4185035 Ratscam
Ratscam's picture

my friend just caught his neighbor screwing his wife.....

Mon, 11/25/2013 - 02:35 | 4187112 Joe A
Joe A's picture

Big cities are death traps.

Sat, 11/23/2013 - 19:51 | 4184237 booboo
booboo's picture

Where is Bentonville Arkansas?

Sat, 11/23/2013 - 20:04 | 4184258 W74
W74's picture

Want mobile internet?  Move to Zurich!

Sat, 11/23/2013 - 22:24 | 4184529 RaceToTheBottom
RaceToTheBottom's picture

Financial gnombs need mobile access.

Sun, 11/24/2013 - 11:11 | 4185359 Urban Redneck
Urban Redneck's picture

Please don't... too many people already walk about with their head up their iAss...

Also the data on Zurich is insanely wrong (unless they're quoting CHF/MB).

$25 buys you two bus tickets the the nearest Swisscom/Orange/Sunrise shop, it does not buy anyone here a mobile data plan sell with 80mbps service.

Sat, 11/23/2013 - 20:06 | 4184264 lailapa
lailapa's picture

Where is the tomb of Alexander the Great ?

The biggest secrets in the world are best hidden when they are in plain view

http://eamb-ydrohoos.blogspot.gr/2012/07/tomb-of-alexander.html

Sat, 11/23/2013 - 20:12 | 4184279 WOAR
WOAR's picture

What the fuck kind of gibberish was that shit?

I mean, what the actual fuck? Anybody else try to make heads or tails out of that?

Sat, 11/23/2013 - 21:45 | 4184445 Zero Point
Zero Point's picture

Spam bot.

Sun, 11/24/2013 - 02:35 | 4184949 stacking12321
stacking12321's picture

you just dont understand art.

Sat, 11/23/2013 - 20:13 | 4184280 StanleyMilgram
StanleyMilgram's picture

"Share of global GDP"?  How does this statistic define anything?  Where is it produced?  By whom?  Usually demographics describe individuals.  A "city" might have millions of every demographic category in it.  How is this useful?  Hey wake up!  I heard you snoring...this is demographics, goddam it, not somehting interesting!

Sat, 11/23/2013 - 22:04 | 4184492 Stuck on Zero
Stuck on Zero's picture

What the hell good are cities?  They don't mine anything. They don't manufacture anything.  They don't grow anything.  They are full of politicians, taxers, agents, lawyers, bureaucrats, courthouses, slums, paper pushers, overpriced restaurants, traffic, and sewer rats.  Cities consume three or four times the energy per person of rural areas.  Cities are the festering cancers on the global landscape.  They produce nothing but consume everything.

 

Sat, 11/23/2013 - 22:09 | 4184502 I Write Code
I Write Code's picture

Most high tech, computers and military etc, come from urban areas.

Sun, 11/24/2013 - 11:36 | 4185435 Stuck on Zero
Stuck on Zero's picture

Suburbs maybe, not urban areas.  Real industry doesn't want to pay the high taxes, suffer the bureaucracy, or traffic.  Silicon Valley, Route 128, Research Triangle Park, Sorrento Valley, Austin Research Park, Los Alamos, Livermore, Naperville, Skunk Works, Murray Hill, etc. all sit well outside urban areas.

 

Sun, 11/24/2013 - 20:08 | 4186532 are we there yet
are we there yet's picture

Producers want to be close to bright minds to make money, but away from politicians and unproductive population elements. Common sense. Detroit versus Redmond Ca.

Sun, 11/24/2013 - 01:52 | 4184912 dunce
dunce's picture

The only societal benefit of large cities is that good minds settle there to market and develop their ideas. Genius is largely wasted in a small town. The concentration of better minds and capital create good economic enterprises. Of course they also attract also the amoral giving us things like Goldman sachs, Tammany hall, Unions and gangsters.

Sun, 11/24/2013 - 02:20 | 4184936 dunce
dunce's picture

The GDP figure is a convenient fiction since it counts consumption as product-ion. There is not that much original production in cities, but a lot of consumption. Most of the production is services that is forced on the people by laws such as insurance and financial services. With the advent of the internet  there is no longer any good reason for these to be physically concentrated in commercial centers like new York and London.

Sun, 11/24/2013 - 05:36 | 4185074 jmcadg
jmcadg's picture

By the looks of it, you guys in the States are getting royally fucked over by Verizon, AT&T et al.

Sun, 11/24/2013 - 18:26 | 4186326 Exponere Mendaces
Exponere Mendaces's picture

You can get a 1,000 Mbit line in Asia for the same price as a 25 - 50 Mbit line in the USA. Yeah, they're getting screwed royally.

 

Sun, 11/24/2013 - 19:46 | 4186483 putaipan
putaipan's picture

i've forgetten exactly when, but all of those companies were given enormous tax breaks in lieu of building "the information super-highway". as far as i can tell they just pocketted them and never delivered.

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