The Breakdown

Explaining Southern California's economy

As Europe melts down, is it time for California to move up?

27744 full
27744 full

It's often noted that California has the world's eight largest economy. This depends on how you do that math. At $1.9 trillion, the Golden State is just south of Italy on the IMF list (at number 9). But...Italy is having some rather severe financial difficulties at the moment. So if its GDP slips — and it's already slipped pretty far — and California's increases, will California move up? Then we can lock Brazil in our sights! Then the UK!

Actually, before we get too excitied, we should remember that if California were in Europe, we'd be in serious trouble.

Follow Matthew DeBord and the DeBord Report on Twitter.

blog comments powered by Disqus

Enjoy reading The Breakdown? You might like KPCC’s other blogs.

What's popular now on KPCC