2 ms·
on the energy front Cowen is without a doubt right. But on the other fronts health(care), violence, crime, deaths of despair (opioids, mental health etc) the US
by Barrin92 4y ago
on the energy front Cowen is without a doubt right. But on the other fronts health(care), violence, crime, deaths of despair (opioids, mental health etc) the US still has huge, unique problems. Cowen's typical gloating seems unjustified given that the US has a life expectancy lower than Cuba. That's just a stat that you can't argue around.
Just from personal experience in some large American cities the level of homelesness and precarity, crime etc is quite stark. Even Eastern European countries with significant lower nominal purchasing power or wealth seem more livable by comparison.
- mantas 4y agoLooking at crime/homelessness/etc, Eastern europe is now doing better than West :) E.g. coming from East, it's shocking how some West cities treat small crimes as part&parcel of living in the city.
- gnz11 4y agoRegarding healthcare and capital investments, the author would do well to read his own publication: https://www.bloomberg.com/news/articles/2022-03-09/heartland-hospitals-face-wipeout-with-800-at-risk-of-shutdown https://www.bloomberg.com/news/articles/2022-03-09/heartland...