Chatter Around the World – 157

Chatter Around the World is a curated weekly update of articles related to economics, investing, dividends and personal finance. In these weekly updates, I also capture my blog updates and news related to my portfolio holdings.

Berlin is the only capital city in Europe that is a drag on its country’s economy

Berlin is the only capital city in Europe that is a drag on its country’s economy

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Image Source: Quartz

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6 thoughts on “Chatter Around the World – 157

  1. JC says:

    Thanks for the mentions R2R,

    Looks like many of the Euro countries are heavily reliant on their capital cities. Of course that’s not too surprising since many are much smaller so everything is more concentrated compared to here in the US. Would love to see the numbers w/o DC and then just get rid of all of them.

    Have a great weekend.

  2. Hey R2R,

    It’s an interesting graph but also fairly easy to guess – nearly all the capitals listed are the biggest, or one of the biggest by population. Yet Germany has Frankfurt, Munich (and others) that are the engines. Berlin is just the political city I believe? Australia is a similar set up, with all major cities (Sydney, Melbourne, Brisbane, Perth and Adelaide) all a lot bigger and bigger economic drivers.

    Tristan

    Tristan

    • I hear you, Tristan. I thought it was interesting to share the amount of drag or contribution for each of those capitals. Its the same here in Canada too — Toronto plays a big part of the country’s GDP — something ridiculous like 20%….in comparison the capital — Ottawa plays a much smaller role.

      cheers
      R2R

    • Thanks for sharing the link, Ben. It is very interesting that Berlin creates a drag — looks like they need to start pulling their weight 🙂

      You are welcome. Happy to include your article in the link list.
      R2R

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