European Tribune - Comments

Minor errors | 34 comments (34 topical, 0 editorial, 0 hidden)

Re: 40% (4.00 / 4)

Er...?

If the previously-held "size of the economy" = 100, then 100-40 = 60. (The economy is "worth" 60% of what was claimed).

Unless my calculations are wrong, it takes 5 years at 11% to get back up past 100 from 60.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Nov 15th, 2007 at 12:44:35 PM EST
[ Parent ]

Re: 40% (4.00 / 2)

Ah, percentages... It takes only three years of 12% growth to gain 40%, but of course 40% of a lower number is less than 40% of a higher number... so China needs to gain 66.66% to come back to its imaginary wealth in the books of the world bank...

by nanne (zwaerdenmaecker@gmail.com) on Thu Nov 15th, 2007 at 01:50:06 PM EST
[ Parent ]

Re: 40% (none / 1)

Yup.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Thu Nov 15th, 2007 at 01:52:08 PM EST
[ Parent ]

Minor errors | 34 comments (34 topical, 0 editorial, 0 hidden)

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