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If European Countries Were US Corporations

Tyler Durden's picture




 

While AAPL may well become the first $1 trillion market cap company (Carl Icahn's recently top-ticking tweets notwithstanding), did you know that AAPL is now bigger than the entire market cap of all Spanish stocks combined?

Or that Austria's $99 billion gross market cap is the size of Mastercard.

Or that Finland's entire stock market is about the size of Verizon?

Because while Chuck Palahniuk may have been joking about corporations taking over the universe...

"When deep space exploration ramps up, it'll be the corporations that name everything, the IBM Stellar Sphere, the Microsoft Galaxy, Planet Starbucks"

... they have already put the old continent in the dust.

The following map from Goldman compares the entire market cap of various European companies to assorted standalone US corporations. The result is just a touch eerie.

 

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Sat, 05/09/2015 - 11:44 | 6075777 Soul Glow
Soul Glow's picture

But the Fed doesn't care about stock prices.

SNARK!

Sat, 05/09/2015 - 12:01 | 6075800 Oh regional Indian
Oh regional Indian's picture

If there is a bigger tell that corporatism and 14th amendment citizens have taken over the world, I want to see it.

They are, thorough Europe, slowly swallowing Indian manufacturers, coming in as JV's and then eating their partner or Spinning independent and killing the market on pricing. I think everyone here knows that Volkswagen is a bank that manufacturers cars.

Bucked, Ducked, Fucked, Lucked, Mucked, Pucked (!), Sucked, Tucked...

And because of FarceBook...Zucked...

Clear yo mind...

https://www.youtube.com/watch?v=5BrvoWEw2J8

Sat, 05/09/2015 - 12:12 | 6075813 Soul Glow
Soul Glow's picture

Can I have some of the acid you take?

Sat, 05/09/2015 - 12:16 | 6075820 espirit
espirit's picture

Umbrella Corporation isn't fiction.

Sat, 05/09/2015 - 15:30 | 6076258 Sudden Debt
Sudden Debt's picture

Says so on the DVD box...

Sat, 05/09/2015 - 17:24 | 6076521 Occident Mortal
Occident Mortal's picture

Last year Businessweek made exactly the same point but much much more clearly.

http://uk.businessinsider.com/global-stock-market-capitalization-chart-2...

All it shows is that U.S. companies are more likely to be listed whereas across the rest of the world many companies stay in private hands. Especially in Europe where hundred year dynasties and big families own many of the successful companies.

Sat, 05/09/2015 - 12:56 | 6075891 Harbanger
Harbanger's picture

There's no real economy or actual sales, what's happening is many countries and their central banks are buying US stocks with their QE.

Sat, 05/09/2015 - 13:56 | 6076044 BullyBearish
BullyBearish's picture

The stock market has become solely an egregious policy tool for global elite power enhancement and preservation which will crash if liquidity is withdrawn

Sat, 05/09/2015 - 13:25 | 6075949 Learn more and ...
Learn more and know less's picture

Acid taking has almost died out, when I was a student we used to take 20+ trips a year, these days students are either into coke, booze or nothing at all.

As a scoeity we have stopped expanding minds, just waistlines!

Sat, 05/09/2015 - 13:51 | 6076024 TeethVillage88s
TeethVillage88s's picture

Well and I'm not sure that Acid is the way to go at all.

I heard a Comedian say he did it as a kid and it was always 'traumatic'. Louis Ck.

Anyway, if you are in war mode all the time you won't understand any of what you are talking about. Not like everyone can learn to have spiritual experiences, but some people are too in debt, too set on work, too set on winning, too set on Greed & more Money.

I would think normal Yoga & mediation could be a path for everyone. Exercise certainly corrects a lot of chemical problems that I have.

People that seek spiritual connections are looking from a whole different perspective.

Sat, 05/09/2015 - 15:50 | 6076299 NidStyles
NidStyles's picture

Acid always relaxed me.

 

The only people I ever met that had issues with it had issues without it anyways. Typically their own level of self-value was skewed upward without reason. The strain of their falsehood was probably grating on their sub-concious.

Sat, 05/09/2015 - 15:31 | 6076260 falconflight
falconflight's picture

?!20?!  a year?!

Sat, 05/09/2015 - 18:41 | 6076740 unicorn
unicorn's picture

the pills called reality check;)

Sat, 05/09/2015 - 12:17 | 6075821 Ham-bone
Ham-bone's picture

Funny, US corporate tax rates have collapsed while their profits have skyrocketed...and yet they haven't added a net job since '00.  Basically a hostile takeover of the government by corporate interests. 

http://econimica.blogspot.com/2015/02/fundamentally-flawed-chapter-35-taxes.html

Sat, 05/09/2015 - 12:21 | 6075825 max2205
max2205's picture

Moar PE!

Sat, 05/09/2015 - 12:21 | 6075826 max2205
max2205's picture

Moar PE!

Sun, 05/10/2015 - 09:56 | 6077865 detached.amusement
detached.amusement's picture

love the didj.....mine scares the crap out of my cats, though

Sat, 05/09/2015 - 15:09 | 6076202 j reuter
j reuter's picture

I freelance over th? internet and earn about 80-85$ an hour. I was without a job for 7 months but last month my paycheck with big fat bonus was $15000 just working on my computer from my home for 5-6 hours. Here's what i have been doing... www.jobs-review.com

Sat, 05/09/2015 - 11:44 | 6075778 j reuter
j reuter's picture

I freelance over th? internet and earn about 80-85$ an hour. I was without a job for 7 months but last month my paycheck with big fat bonus was $15000 just working on my computer from my home for 5-6 hours. Here's what i have been doing... www.jobs-review.com

Sat, 05/09/2015 - 11:47 | 6075779 umdesch4
umdesch4's picture

Wow, pretty soon your market cap with be bigger than all of Sealand combined!

Sat, 05/09/2015 - 11:51 | 6075790 Yen Cross
Yen Cross's picture

     I heard your nextdoor neighbor had to call animal control because you were overworking your Donkey.

    Piss off spammer...

Sat, 05/09/2015 - 12:37 | 6075856 CarpetShag
CarpetShag's picture

You aren't even worth a fuck off.

Sat, 05/09/2015 - 11:53 | 6075787 Q-Q-Q
Q-Q-Q's picture

Whats the difference between corporates and countries? One fleeces its customers and the other fleeces its citizens.

 

 

The Fed only buys equities, not €uropean countries - hence the valuations.

 

 

Sat, 05/09/2015 - 13:04 | 6075908 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Dude, buying European bonds and equities is the ECB's job.

The effect's the same anyway. You own enough of a government's bonds, you own the country.

Sat, 05/09/2015 - 15:52 | 6076306 NidStyles
NidStyles's picture

Notice that he said "The Fed".

Sat, 05/09/2015 - 11:52 | 6075791 SofaPapa
SofaPapa's picture

The dollars we spend are a far more powerful vote than the "political process" in today's world.  Those concentrations of wealth (corporations) translate into real power.  Withdraw our labor (either as labor or it's representation: money) from them, and real change could happen.  Extremely difficult to do at this point, for all of us.  But without understanding the power and control over our lives that these collections of wealth represent, real change will be impossible.

Sat, 05/09/2015 - 15:21 | 6076236 Winston of Oceania
Winston of Oceania's picture

My wife had the biggest paycheck so I had to quit my job and now raise most our food and get then preserve the rest from local markets. We purchased the house next door on a short sale and are fixing it up to rent out for some additional income. Now I don't have some asshole taking credit for my work and the gub'ment stealing my labor!

Sat, 05/09/2015 - 12:09 | 6075806 g'kar
g'kar's picture

I'm curious as to who was nailgunned in this crash.

Sat, 05/09/2015 - 12:43 | 6075868 angel_of_joy
angel_of_joy's picture

Well, that didn't take long. That plane entered service less that 2 years ago. This Spanish one was still in flight tests...

Sat, 05/09/2015 - 12:48 | 6075878 B2u
B2u's picture

I've never been to Spain but I've been to Oklahoma. 

https://www.youtube.com/watch?v=dm6qw_yeo6o

Sat, 05/09/2015 - 12:01 | 6075803 Arthur Schopenhauer
Arthur Schopenhauer's picture

Back in the 1960's and 70's do you remember (if you're old enough) reading newspaper editorials, etc. with ominous warnings prophesying the future 'corporate wars'?

Sat, 05/09/2015 - 15:33 | 6076267 Counterpunch
Counterpunch's picture

...well Detroit is coming pretty close to the dystopia portrayed in "RoboCop."

Sat, 05/09/2015 - 12:15 | 6075816 Ludwig Von
Ludwig Von's picture

"Market Cap" Lol. Trap.

Sat, 05/09/2015 - 12:23 | 6075829 Dre4dwolf
Dre4dwolf's picture

ITs easy to have a 1trillion dollar market cap when Central Banks are loading 20% of their fucking portfolio with your stock.

 

Sat, 05/09/2015 - 12:44 | 6075870 Harbanger
Harbanger's picture

Like Switzerland?

Sat, 05/09/2015 - 12:31 | 6075849 Captain Chlamydia
Captain Chlamydia's picture

WTF? Who  left Holland blank? 

Sat, 05/09/2015 - 12:47 | 6075874 B2u
B2u's picture

Holland is a country?  I thought Holland was a relief pitcher for Kansas City.

Sat, 05/09/2015 - 13:09 | 6075920 DutchBoy2015
DutchBoy2015's picture

Yeah but look where Holland is on this list.   then look where USA is.

https://www.cia.gov/library/publications/the-world-factbook/rankorder/21...

Sat, 05/09/2015 - 13:28 | 6075957 DutchBoy2015
DutchBoy2015's picture

Must be all that gold the USA gave back to the Dutch govt to keep their mouth shut about the real facts of MH17.

Sat, 05/09/2015 - 13:10 | 6075923 DutchBoy2015
DutchBoy2015's picture

I guess Shell Oil and Philips are small companies

Sat, 05/09/2015 - 15:28 | 6076253 falconflight
falconflight's picture

Again, just from memory, I recall the name of Royal Dutch Shell.  

Sat, 05/09/2015 - 13:34 | 6075976 TeethVillage88s
TeethVillage88s's picture

Here is a chart to compare trends up to 2012 and shows USA & Netherlands (Nederland):

https://www.quandl.com/collections/economics/stock-market-capitalization...

The data is surprising and leads to more questions.

Need like 3 charts instead of one.

1 Trends in capitalization, capital flowing in or out over time (this is kind of screwed up by 2008 Crisis and later Recession)
2. Something to compare GDP, Capitalization, Trade Imbalance
3. An explanation of why UK, France, Switzerland are capitalized so high, maybe Sweden too.
4. Obviously a country like Spain can be Capitalized without having much industry to support the population while UK can have huge Capitalization and little industry to support the population.
5. We know there are Tax Havens in Europe, so how to compare capitalization with Wealth Holdings.

You have to conclude that British Style Trade Economy servers only the owners of Capital. Pretty much like Karl Marx and Engels wrote in one book.

Why and how did Switzerland get capitalized? Must be a total function of the Banking Industry.

Luxembourg isn't capitalized much except being so small it has little population to satisfy. Still why does Luxembourg Command such Wealth, Savings or Investments.

1. Decapitalization Trends
2. GDP Trends & Import Export Imbalance, Globalization
3. Presence of High Tech Industry, is it adequate
4. Total Manufacturing Development, can it sustain the country with jobs, spin off technology, Add Real Valuable Products, Create other jobs
5. Trade Economy like British Style, use of foreign slave labor while not investing in their own people and own country
6. Special Treatment for Wealthy, who seek Tax Relief, Special Privileges for Economic Winners
7. Capitalization probably Reflects the Trend in Financializing everything, Banking on Steroids, a kind of fake GDP even though everyone seeks funding to kick off projects and start more development

Sat, 05/09/2015 - 13:33 | 6075967 Zapporius
Zapporius's picture

No they won't. All you have to do is decide that they won't exist in the future, and start de-consuming now. Meaning, don't buy that new iphone, your old one can still make calls. Don't buy that iWatch, your old clock still works.

The only reason for them to exist is because we perversily enjoy our slavery. If we don't want to be slaves we won't be. You don't become free, you take it. It WILL be a fight, but it is the only fight worth fighting in the end.

And that awareness is what separates us from the cattle. If you cannot see that then you ARE the cattle, and that's that.

Go native, time to yell "geronimo" without involving parachutes.

Sat, 05/09/2015 - 13:36 | 6075983 DutchBoy2015
DutchBoy2015's picture

What place in the USA are iphones and iwatches made?   Ohh, wait, made in Communist China, while Samsung phones (which are actually much better) are made in democratic South Korea.  And Apple phones have lots of Samsung parts.

Oh, I bet Americans actually believe that Apple made the first smart phone., WRONG.  IN fact, Samsung had features back in 2003 that weren't even available on Iphones. like A2DP bluetooth stereo streaming.

 

Sat, 05/09/2015 - 13:54 | 6076034 TeethVillage88s
TeethVillage88s's picture

I thought Philips was an American Company.

Thanks. Yeah I heard maybe Samsung & Apple and Japanese reverse engineer their competition, but in Asia, Philippines, South Korea, Hong Kong, this is normal.

Sat, 05/09/2015 - 13:59 | 6076052 DutchBoy2015
DutchBoy2015's picture

????????? You thought Philips was an American company?  Seriously?  LOL

 

Sat, 05/09/2015 - 14:46 | 6076156 falconflight
falconflight's picture

Without looking, I thought Phillips was Dutch, historically that is.  There is no way of knowing today without looking into ownership.  Supranational corporations aren't nationalistic by definition.  

Sat, 05/09/2015 - 15:25 | 6076245 falconflight
falconflight's picture

Wasn't there a recent issue with PRC Apple factory workers trying to jump off plant buildings?  Just from recollection, mind you.  Merikans can't be bothered with such trivia.

Sat, 05/09/2015 - 13:51 | 6076022 Ginsengbull
Ginsengbull's picture

What's Belgium worth?

 

I imagine a pretty penny for having sold out the rest of europe through their ISO espionage crap.

Sat, 05/09/2015 - 13:58 | 6076048 TeethVillage88s
TeethVillage88s's picture

Belgium, $300 Billion USD in 2012, 30.52% change from previous year.

10 years ago in 2002 it was $174 Billion.

But these numbers are 2 years old. We know they have been buying US Long Term Treasuries for a while now.

Sat, 05/09/2015 - 14:11 | 6076064 DutchBoy2015
DutchBoy2015's picture

I live 45 minutes from Belgium.   Look at the difference between current account balances between my country and Belgium.

https://www.cia.gov/library/publications/the-world-factbook/rankorder/21...

 

Population of Holland  17 million

Population of Belgium 11 million

Sat, 05/09/2015 - 14:03 | 6076067 Ginsengbull
Ginsengbull's picture

Thanks, I would have thought it would be way more.

Sat, 05/09/2015 - 16:34 | 6076399 falak pema
falak pema's picture

When the market collapses we'll talk about this again...

Sat, 05/09/2015 - 17:05 | 6076460 PleasedToMeatYou
PleasedToMeatYou's picture

Greece = Salesforce.com

Ouch!

Sat, 05/09/2015 - 19:19 | 6076814 mcsean2163
mcsean2163's picture

Would be interesting to see where Goldman got its figures... Especially with respect to Germany v UK.

Sat, 05/09/2015 - 20:57 | 6076994 shinobi-7
shinobi-7's picture

Is there anything that says bubble better than this?

It reminds me of the 1990s when the Imperial Palace in Tokyo was worth more than California.

At least Goldman has a sense of humor. I like Salesforce for Greece: Maybe they can help?

Sun, 05/10/2015 - 05:28 | 6077606 orangegeek
orangegeek's picture

why isn't chipotle and shake shack included - two F500 staples

Sun, 05/10/2015 - 11:35 | 6078038 Sauerkraut-Opinion
Sauerkraut-Opinion's picture

The cost for the "Great Britain Corporation" allegadly higher than the "German Corporation"? 

I think the prices are mainly resulting from shares portfolios allocated to some financial centers - and for sure also some very big financial bubbles which doesn't survive the next crisis....

 

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