Earlier quoted context omitted.
Those factors are likely irrelevant to industries like tech. And I mean Canada has all those same things and wages are much lower.
No, Canada doesn't have those things, namely arable land. Much of Canadian land is wasteland, too cold for much agricultural use. Its economy isn't that large either (much less population), and its currency isn't a major currency worldwide.
Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
31–36 of 36 posts
Re: Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
#32Earlier quoted context omitted.
Then you gotta explain places like Sweden and Germany, or why the richest, most productive US states are the ones with the strictest workers rights. Chances are it's something else.
I mean the US has some of the highest wages and least workers rights if you come pare countries.
Re: Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
#33Earlier quoted context omitted.
No, Canada doesn't have those things, namely arable land. Much of Canadian land is wasteland, too cold for much agricultural use. Its economy isn't that large either (much less population), and its currency isn't a major currency worldwide.
Canada has fertile farmland below about the 53 parallel. It’s massive.
Re: Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
#34Re: Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
#35Earlier quoted context omitted.
I was watching a documentary on the penal system in brazil and how companies use it to exploit them and treats inmates as a cheap right-less, tax-evasion slave workforce
Brazil was also the last country in North or South America to ban Slavery.
Re: Why Can't Italy's Economy Get into Gear? Consider the Taxi Line
#36Earlier quoted context omitted.
> their membership in the EU single market. Which is likely negated by the membership of the Euro single currency. > The German economy was relatively prosperous by 2012, and European monetary policy was far too tight for weaker economies. Portugal, Italy, Ireland, Greece, and Spain all faced high debt, high interest rates, and high unemployment. This time, monetary policy was too tight rather than too loose. The onl…
Or a Euro with greater fiscal union. This is an article that explores one way to achieve this given political reality, that the "North" would be sending money to the "South" if implemented, yet both North and South benefit from the Euro system continuing: https://www.cambridge.org/core/journals/european-review/arti... > An EU Fiscal Union is being discussed as a way to avoid future euro-crises and guarantee the stabi…
The creation and response to the sovereign debt crisis shows that this won't happen.
It will require a political union as well. German taxpayers aren't going to pay for Greek pensioners.