Earlier quoted context omitted.
Have you travelled Europe? Other than in some countries like Germany or Ireland the job situation is quite bleak. For example, look at average wages vs living costs in Madrid
That's why you need to get rich before moving to Europe
Europe converged rapidly on the United States before stagnating
31–40 of 112 posts
Re: Europe converged rapidly on the United States before stagnating
#32Re: Europe converged rapidly on the United States before stagnating
#33It always amazes me that some Europeans look to the USA as some goal to aspire to. As an American, all I’m trying to do is get rich enough to move to Europe someday. There are greater goals than growth at all costs. Things like respecting the humans that live there and putting their well-being above corporations. If that thwarts “growth”, so be it.
Re: Europe converged rapidly on the United States before stagnating
#34It always amazes me that some Europeans look to the USA as some goal to aspire to. As an American, all I’m trying to do is get rich enough to move to Europe someday. There are greater goals than growth at all costs. Things like respecting the humans that live there and putting their well-being above corporations. If that thwarts “growth”, so be it.
The cultural influence that the US exercises outwards with Hollywood, music, etc cannot be understaded.
Re: Europe converged rapidly on the United States before stagnating
#35Japan had a similar turn in the 80s, but unlike Europe they seem to have more of an alternative view of society and future. Europe seems to effectively follow American culture and practices with a dampener. Being America with healthcare and college funds has not been much of a vision for the future.
There wasn't anything special.
It was just debt.
Re: Europe converged rapidly on the United States before stagnating
#36"Output per head" is total population? If so the slight downward trajectory likely reflects the aging population of europe.
Re: Europe converged rapidly on the United States before stagnating
#37It always amazes me that some Europeans look to the USA as some goal to aspire to. As an American, all I’m trying to do is get rich enough to move to Europe someday. There are greater goals than growth at all costs. Things like respecting the humans that live there and putting their well-being above corporations. If that thwarts “growth”, so be it.
Yes, but this only works as long as the economy remains competitive. Europe is rapidly squandering the human and economic capital it has accumulated over centuries, while the US and Asia continue to grow. Welfare exists as long as someone pays for it.
Re: Europe converged rapidly on the United States before stagnating
#38It always amazes me that some Europeans look to the USA as some goal to aspire to. As an American, all I’m trying to do is get rich enough to move to Europe someday. There are greater goals than growth at all costs. Things like respecting the humans that live there and putting their well-being above corporations. If that thwarts “growth”, so be it.
Honestly, US is currently in a stage that Europe was long time ago. Greed, nationalism, military might, fast paces unchecked advancements in tech, rampant religious fundamentalism and sectarianism etc. All those thing are stuff Europeans went through.
That's why the Charles Dickens stories fit nicely.
Re: Europe converged rapidly on the United States before stagnating
#39I hate these hit pieces against the EU, but I’ll give OP credit that theirs actually has a mixture of credulous proposals (Federal preemption, ending directives, commercial court) alongside the usual pro-billionaire insanity (a 28th regime just for business? Removing regulations on product standards? Are you fucking kidding me here? ). Europe has its fair share of issues, but a lot of them can still be traced back to…
It may be insane, but it's not something dreamed up by billionaires.
Re: Europe converged rapidly on the United States before stagnating
#40It always amazes me that some Europeans look to the USA as some goal to aspire to. As an American, all I’m trying to do is get rich enough to move to Europe someday. There are greater goals than growth at all costs. Things like respecting the humans that live there and putting their well-being above corporations. If that thwarts “growth”, so be it.
Sure restaurant prices are about the same … for 1/3rd the amount of food.