Official space thread vol.....Astronaut status

Even if we hit a lick and yanked that thing outta space, wouldnt the sudden abundance of trillions of platinum on the market drive the price down?
 
we need to fund our space programs a lot more than we do ... there's so much crazy threats out there from asteroids, solar flares/radiation, black holes, and hostile extraterrestrials, among other stuff...

They spend like $20 billion a year. I think they got enough :lol:
 
Question for the economist/finance NTers:

Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question).  Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?
 
Question for the economist/finance NTers:

Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question).  Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?



Where are you getting this 7% number from?

Also, what makes you think this boon would impact global economies equally? Don't discount the impact of territorial rights on this potential treasure.

If this asteroid crash lands in Russia or China, you really think the economy of Mozambique stands to appreciate by 7%?





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Question for the economist/finance NTers:

Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question).  Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?



Where are you getting this 7% number from?

Also, what makes you think this boon would impact global economies equally? Don't discount the impact of territorial rights on this potential treasure.

If this asteroid crash lands in Russia or China, you really think the economy of Mozambique stands to appreciate by 7%?





...

According to the wikipedia the global economy is about 77 trillion and 5.4 is approximately 7% of that.

I'm noit saying that the economies would grow but rather inflation would go through the roof as the value of most currencies went down because of the surge in value to the world economy
 
 
 
Question for the economist/finance NTers:

Lets say this platinum asteroid crashed on earth and miraculously there were no casualties (because the likely damage/loss of human life is not the focus of the question).  Would almost all economies world wide see run away inflation because the value of the total global economy would have increased by nearly 7% overnight?


Where are you getting this 7% number from?

Also, what makes you think this boon would impact global economies equally? Don't discount the impact of territorial rights on this potential treasure.

If this asteroid crash lands in Russia or China, you really think the economy of Mozambique stands to appreciate by 7%?





...
According to the wikipedia the global economy is about 77 trillion and 5.4 is approximately 7% of that.

I'm noit saying that the economies would grow but rather inflation would go through the roof as the value of most currencies went down because of the surge in value to the world economy
Platinum's value would tank...

it wouldn't be worth 5.4trillion if it was on earth
 
Looking out the window like
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