Comparing US State GDPs with countries.

[rocketpig]

Kasz216 said:

rocketpig said:

Kasz216 said:

rocketpig said:

As long as California controls the tech industry, entertainment industry, and has copious amounts of farmland, their economy isn't going anywhere. Thinking that they're going to slide to a GDP comparable to second-rate nations is laughable.

Will two of those three still be around when the market crashes.  Tech and Hollywood are just there because they want to be... and because of prestige.  If the bills get too expensive... it wouldn't be too hard to move.

Industries don't move wholesale like that. There are too many benefits to being in a "culture" of like-minded companies. There is a trained talent pool from which to draw, vendors can quickly communicate and distribute one another's goods to each other, etc. etc. etc. The list goes on and on. It would take decades for a shift of that magnitude to occur and there are no signs of it happening.

Are you sure there isn't?  The global workplace is really starting... espiecally in Hollywood.  For example a LOT of voiceactors never leave their homes anymore.

You can do all your voicework for a Hollywood movie in your home in Alberta Canada. 

Oh, the film/TV industries split from CA a long time ago. Some of TV remains, as do the studios themselves, but a huge portion of the filming and other work is farmed out across the world.

The thing is that those businesses will never move the corporate offices. There's too much linking them to the area (for the reasons I listed above). It's no different than the tech industry building plants in China. Just because Intel doesn't make the majority of its chips in Silicon Valley doesn't mean there isn't a huge economy there from their corporate offices and related suppliers.