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Please name any dominant US industry that isn't connected to defense (powered by flood of the world's reserve currency) or to venture capital (ditto). EU just d
by rini17 5y ago
Please name any dominant US industry that isn't connected to defense (powered by flood of the world's reserve currency) or to venture capital (ditto). EU just does not have such resources and, till recently, the will.
- sgt101 5y agoWell - I can't name a US industry that's part of its international dominance that isn't part of it's international dominance. Would you include Education? I guess that the USA dominates higher education in terms of $$ as well as prestige.
- rini17 5y agoI'm not excluding anything, let's look into it. In The US there is about 600k international students [1]. In the EU if I read [2] correctly about half of total 1.3m foreign students is from outside Europe which is same or a bit more ( and european non-EU-members are probably not included, that would raise the number). It is very likely that US edu gets bigger profit, but dominance isn't only about profit. [1] https://www.statista.com/statistics/233880/international-students-in-the-us-by-country-of-origin/ https://www.statista.com/statistics/233880/international-stu... [2] https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Learning_mobility_statistics#Students_from_abroad https://ec.europa.eu/eurostat/statistics-explained/index.php...