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maybe in the whole country that's worth 25 trillion,
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but that went down too so let's say 20 trillion.
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Now how much of the 20 trillion could possibly be in New York City?
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I've actually got no idea, but it can't be that much more
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the whole country is 20 trillion.
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New York can't be worth more than 1 or 2 trillion of the 20 trillion,
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so you're not that far off.
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So the deal's not that spectacularly bad
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although it sounds ridiculous.
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Anyway, the point is you can do this in your head.
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So now the next thing that you realize in this example
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is how huge a difference a percent makes.