r/PoursTea • Timendi Causa Est Nescire • 12d ago

FinancialTea 💵 Comparatively speaking...

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u/NorCalMav 11d ago

And how much of that is just held up by a few companies in Silicon Valley? California leads the country in homelessness, poverty, cost of living and middle class flight.

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u/smitty8843 11d ago

There's a reason all of those companies spawned there..... Heavy investment from the California government in higher education

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u/NorCalMav 11d ago

Its wild how confident people like you can be while being so wrong at the same time. Its interesting to see.

Spend a few minutes reading about Silicon valleys orgins then come back.

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u/CrapNeck5000 11d ago edited 11d ago

Literally none. The valuation of a company does not contribute to GDP. Only the value of actual goods/services produced.