What will happen to world GDP?
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wrote on 20 Apr 2020, 15:49 last edited by Loki
Currently it is estimated at 80 Trillion.
Tourism alone is about 9.25T or 11.5% globally. Think about countries where the % is much higher.
Let’s start chipping away at other big items that will be decimated by COVID.
It’s not hard to see that this having short term impact is not realistic.
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wrote on 20 Apr 2020, 16:08 last edited by
It’s a unique experiment, if nothing else. What happens when you press standby on the world’s economy.
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wrote on 20 Apr 2020, 16:22 last edited by
It is not going to take off like a rocket.
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wrote on 20 Apr 2020, 16:45 last edited by
Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?" Everything will bounce back in the longer term, but in the shorter term (next 1-2 years), I can't imagine how decimated the tourism (transportation, lodging, shows, restaurants, stores, services) industry will be.
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Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?" Everything will bounce back in the longer term, but in the shorter term (next 1-2 years), I can't imagine how decimated the tourism (transportation, lodging, shows, restaurants, stores, services) industry will be.
wrote on 20 Apr 2020, 22:22 last edited by@89th said in What will happen to world GDP?:
Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?"
Ever considered the idea that that is because you presumably travel Primarily to the touristy regions?
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wrote on 20 Apr 2020, 22:28 last edited by
Orlando might give you that impression too.
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wrote on 20 Apr 2020, 22:31 last edited by
@Mik said in What will happen to world GDP?:
Orlando might give you that impression too.
Orlando is such an odd, odd place.
Swamps and theme parks randomly litter the landscape.
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@89th said in What will happen to world GDP?:
Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?"
Ever considered the idea that that is because you presumably travel Primarily to the touristy regions?
wrote on 21 Apr 2020, 03:06 last edited by@Klaus said in What will happen to world GDP?:
@89th said in What will happen to world GDP?:
Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?"
Ever considered the idea that that is because you presumably travel Primarily to the touristy regions?
@Klaus Yes you are right...I’ve generally stayed in the main cities...and that’s probably the reason for my (somewhat joking) perspective. However I’ve traveled off the beaten path a bit and still left with the feeling that so much of the economy was based on travelers and tourism. I supposed it’s a compliment in a way?
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@Klaus said in What will happen to world GDP?:
@89th said in What will happen to world GDP?:
Anytime I've been to Europe I always come back thinking "Wow, is the whole continent funded by tourism?"
Ever considered the idea that that is because you presumably travel Primarily to the touristy regions?
@Klaus Yes you are right...I’ve generally stayed in the main cities...and that’s probably the reason for my (somewhat joking) perspective. However I’ve traveled off the beaten path a bit and still left with the feeling that so much of the economy was based on travelers and tourism. I supposed it’s a compliment in a way?
wrote on 21 Apr 2020, 08:21 last edited by@89th said in What will happen to world GDP?:
However I’ve traveled off the beaten path a bit and still left with the feeling that so much of the economy was based on travelers and tourism. I supposed it’s a compliment in a way?
If you take Germany, for instance: About 8% of its GDP is due to tourism. Just like in the US. It's higher in Italy (13%), or Austria (15%), but that's still lower than in Mexico (17%). So I'd say overall it's quite similar to North America.
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wrote on 21 Apr 2020, 10:29 last edited by
Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
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wrote on 21 Apr 2020, 10:54 last edited by Doctor Phibes
If you visit some of the industrial sectors in Germany, you get to realise why they were such a powerhouse. I've been to a couple of Siemens facilities, and they're like small cities. Not really the same, now, but you can still see how it used to be.
If you want to see a genuinely unknown treasure, might I suggest the famed Northern twin cities of Manchester and Salford in the former European country of Great England. It's a little like medieval Venice, in that it's ringed by canals and smells like an open sewer; any American tourist will be welcomed with open arms, and in some areas with open legs. You can marvel at the collection of vintage bicycles that have been used to decorate the canal system, and in the event that you are feeling homesick, purchasing a handgun will be a snip!
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Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
wrote on 21 Apr 2020, 10:55 last edited by@89th said in What will happen to world GDP?:
Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
Don't. There aren't many reasons to visit. Berlin is slowly turning into a kind of 1970s NYC.
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If you visit some of the industrial sectors in Germany, you get to realise why they were such a powerhouse. I've been to a couple of Siemens facilities, and they're like small cities. Not really the same, now, but you can still see how it used to be.
If you want to see a genuinely unknown treasure, might I suggest the famed Northern twin cities of Manchester and Salford in the former European country of Great England. It's a little like medieval Venice, in that it's ringed by canals and smells like an open sewer; any American tourist will be welcomed with open arms, and in some areas with open legs. You can marvel at the collection of vintage bicycles that have been used to decorate the canal system, and in the event that you are feeling homesick, purchasing a handgun will be a snip!
wrote on 21 Apr 2020, 10:59 last edited by@Doctor-Phibes said in What will happen to world GDP?:
I've been to a couple of Siemens facilities, and they're like small cities.
I've worked in this Siemens "city" for two years:
The whole area is connected by a huge network of underground tunnels. You could do a Marathon run underground and not probably visit any tunnel twice.
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wrote on 21 Apr 2020, 13:27 last edited by jon-nyc
You might have worked for Seimen but Aqua's sister sweats and labors for it.
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@89th said in What will happen to world GDP?:
Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
Don't. There aren't many reasons to visit. Berlin is slowly turning into a kind of 1970s NYC.
wrote on 21 Apr 2020, 13:28 last edited by@Klaus said in What will happen to world GDP?:
@89th said in What will happen to world GDP?:
Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
Don't. There aren't many reasons to visit. Berlin is slowly turning into a kind of 1970s NYC.
Don't listen to Klaus. Berlin is awesome.
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wrote on 21 Apr 2020, 13:37 last edited by
@Klaus said in What will happen to world GDP?:
Siemens "city"
It looks like it's built out of Legos, so brightly colored and so clean!
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@Klaus said in What will happen to world GDP?:
@89th said in What will happen to world GDP?:
Good to know! I haven’t visited Germany yet. Really want to. My brother lives in Berlin now, actually.
Don't. There aren't many reasons to visit. Berlin is slowly turning into a kind of 1970s NYC.
Don't listen to Klaus. Berlin is awesome.
wrote on 21 Apr 2020, 13:40 last edited by@jon-nyc said in What will happen to world GDP?:
Don't listen to Klaus. Berlin is awesome.
Well, you won't notice much if you stay primarily in the three main tourist areas, but the adjective that comes to mind when thinking about Berlin is "dysfunctional". Public transport, crime prevention, schools, renting a place, court system, getting a building permit etc. - it's all broken on a deep, fundamental level. On the plus side, they do offer separate restrooms for non-binary people in public places, so I guess that evens it out.
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wrote on 21 Apr 2020, 13:56 last edited by
My only time in Germany (Other than airports or overnights) was in Munster!
Really, really liked it. A fun city, not too big, not too small. Have a friend that lives there, so was able to go to some of the "local" places.
Really impressed by the "bicycle culture" but surprised that all the bicycles looked liked 1970's Chinese bikes.
My friend told me that no-one wants to have their bike stolen, so if they have these very basic bikes, they do not have to worry about it. LOL -
wrote on 21 Apr 2020, 14:01 last edited by
Münster is pretty nice indeed. Their bike culture is somewhat similar to that in Dutch cities. Also, no need for fancy bikes because everything is flat. Very pittoresque pedestrian zone.
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@Doctor-Phibes said in What will happen to world GDP?:
I've been to a couple of Siemens facilities, and they're like small cities.
I've worked in this Siemens "city" for two years:
The whole area is connected by a huge network of underground tunnels. You could do a Marathon run underground and not probably visit any tunnel twice.
wrote on 21 Apr 2020, 15:05 last edited by@Klaus said in What will happen to world GDP?:
@Doctor-Phibes said in What will happen to world GDP?:
I've been to a couple of Siemens facilities, and they're like small cities.
I've worked in this Siemens "city" for two years:
The whole area is connected by a huge network of underground tunnels. You could do a Marathon run underground and not probably visit any tunnel twice.
Legoland.
