I'm not sure, but that might exceed the total monetary value of the entire solar system if completely disassembled and sold as raw material. Anybody wanna try and do the math? Cause I know I can't.
Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.
Basically, all countries realistically capable of trying to enforce such a claim are party to the treaty.
So as things stand, nobody can really own any celestial bodies outside Earth.
I imagine that if humanity survives and spreads and starts to have interest in resources elsewhere, that that may change, but as things stand, the effective value of everything up there is pretty much zero, because you can't own anything other than spacecraft that you launch.
Yeah I know; I wrote "actual" fuckery to contrast with that.
I would like to see Google punished with weekly-doubling fines for the things it actually deserves to be punished for, as opposed to blocking Russian propaganda, which it does not deserve to be punished for.
Fines need to be payable, otherwise they are a joke. A large chunk of global revenue GDPR-style is reasonable because it really hurts the profits but it's still small enough that the company can pay it, and it will incentivize the company to change their practices. If the company (or anyone) gets a fine they can't pay they will just ignore it, so it only makes sense if you want to kick out the company out of your country, in which case you should skip the extra steps.
To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow
Yeah, uhm... let's get into a 1000x more severe depression than 1929 to get the money printed, eh?
To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow
I'm not sure that GDP is the best number to use here. That's annual economic activity. I'd think that that wealth would be more-interesting.
First sentence of the article: A Russian court has ruled that Google owes Russian media stations around $20 decillion in fines for blocking their content, and the fines could get bigger.