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They’re also like world no 8 in gdp per capita. I think they’ll be ok.
by cloutchaser 4y ago
They’re also like world no 8 in gdp per capita. I think they’ll be ok.
- ChuckNorris89 4y agoGDP per capita isn't the be-all and end-al of statistics for defining a country's success. Just ask the residents of the Republic of Ireland, the country with the second highest GDP/capita in the EU, how they feel about this position. Sure, life is good here, if, you're not a tech worker, and that sector become more and more important in generating wealth, skilled jobs with a future, attracting skilled immigrants to pay taxes, and to project influence and soft power globally, that's why so many smart but not necessarily rich countries jumped to take advantage of this new sector (China most famously). So a high GDP per capita might not save you in the long run if every ambitious tech graduate is leaving your country to Switzerland, London, Germany, Ireland, SV, etc. for a better environment where they can grow their career and earn better salaries, which leads to most tech products and web services used in your country all coming from abroad because your domestic tech industry is shit since your country got complacent and decided to sleep through the tech revolution with the idea that you'll "be fine since we're 8th GDP/capita in the world".