Europeans Are Becoming Poorer
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Re: Europeans Are Becoming Poorer
#2How poor will we get if you add the green transition to the Ukrainian war?
Re: Europeans Are Becoming Poorer
#3The doubling of energy prices pretty much wiped out the heavy industry sector around here. I remember the German heavy industry Rhein area unions protesting this in Berlin without much media coverage a few months ago.
Re: Europeans Are Becoming Poorer
#4Re: Europeans Are Becoming Poorer
#5The graph uses 2008, 2019, and 2022 as indices.
This could just as easily be a graph exploring the effects of the pandemic. I doubt Germany’s last tick would be in that direction were it not for the pandemic, for example.
Re: Europeans Are Becoming Poorer
#6[flagged]
Re: Europeans Are Becoming Poorer
#7The doubling of energy prices pretty much wiped out the heavy industry sector around here. I remember the German heavy industry Rhein area unions protesting this in Berlin without much media coverage a few months ago.
Let them eat environmental fanatics
Re: Europeans Are Becoming Poorer
#8[flagged]
While I agree with you that America is using Europe in this way, let's not pretend this isn't a self-inflicted wound.
For America it doesn't matter if it's a dem or rep president - they do whatever they have to do to stay afloat, to grow, even if it's at the expense of the rest of the world. Here in Europe our unelected and unaccountable politicians take progressivism as a religion knowing that it harms our economy and our freedom. These politicians betray us as much as possible and we can do little to stop them.
Re: Europeans Are Becoming Poorer
#9I moved from the US to Europe a year ago and I think articles like this don't capture quality of life in Europe well.
Just think about healthier food, walkable cities, great public transportation, safety, free education and healthcare. The way I see it, life in Europe is less stressful and more enjoyable than in the US.
Having less money translates into having a smaller house or a car, but in my opinion that doesn't make you any less happy. You just need enough to live comfortably, which especially in tech is not that hard, and then you can focus on whatever gives your life meaning.
Re: Europeans Are Becoming Poorer
#10In an environment with rising energy prices it is hard to compete with a net oil exporter.
However, it means that Europe should invest more in nuclear and renewables to stay relevant. But the war in Ukraine is not helping I guess.
But the 2008 vs 2023 comparison is really sobering.