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I noticed the study cleverly avoided hard questions like “absolute levels of income” which the USA largely dominates and instead focused on “rates of growth” wh
by jquery 7y ago
I noticed the study cleverly avoided hard questions like “absolute levels of income” which the USA largely dominates and instead focused on “rates of growth” which favor poorer countries such as those in the EU. Where’s the EU’s Apple, Amazon, Google, Netflix, or Microsoft? All they can do is slap “fines” (backdoor taxes) on our most successful companies but they seem utterly unable to build their own. Never mind it looks at the USA shortly after a business cycle nadir, how would this study look during our long boom cycle?