How much is the Earth worth??
Well, if they make 50k a year and buy a house that's 200k (500k after including all that interest) then they're willing to pay 10 years worth of income to buy that house (of course this is spread out over 30 years, but the residence is but one part of life)
Or a car, most people are only willing to pay at most 1 years' income on their car)
And a skyscraper, dam or other large undertaking, might take 30 years to pay off.
The bigger things are generally the larger the "P/E ratio" is, so to speak. (actually price-to-revenue)
The world's economy is 65 trillion dollars a year.
Now, how many years' income would be the worth of the Earth? Is the P/E even longer than a human's lifetime? (like 200?)
Answer:
The Earth is worth nothing, unless some alien landed on Earth and was willing to buy it.
The Earth cannot be bought by Earthlings, because no group of Earthlings would have enough money to buy the Earth. There would always be some group unwilling or unable to sell their share.
Thus, the situation is very different from the Chinese buying the US, or Iowans buying Missouri. There would always be some outside group willing to finance this sort of purchase. No such outside group is known to exist in the universe.
Depends on who owns it. How much did they pay for it? Will they make a profit? Get real my friend that's a goofy question. We're all subject to a devastating virus or a world wide catastrophe. The world would be worth nothing.
No one has the time or resources to figure this out and besides who would gives a flip because who is going to buy it after the price is established?
I barely got thru the first part of your question when I saw a lot of inconsistencies. A person who makes 50k a year cannot buy a house for 200k. And i don't think you can figure 10 years worth of income when you figure in the PITI payments plus his living expenses for all those years.something to me sounds "off" on the figures, and I'm a real estate agent.
what? "most people are only willing to pay at most one year's income on their car". Nobody I know thinks that way. They usually buy the car that meets their status no matter how much it cots.
I'm going to leave you now till you start asking questions instead of making statements that aren't exact.
I think you could get the earth dirt cheap if you were willing to pay cash, no credit.
The P/E for the Earth is in fact very large ,if the environment, ecology and atmosphere can be sustained, Due to depletion of ozone layer, green house gases , acid rains and continuous deforestation new phenomena of Global Warming has crop up, which may reduce this P/E to very low values say in hundreds or so. Of course present P/E is more than 200 years.
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