8 ms·
I wonder what kind of talent they will be able to hire, paying the usual European taxed peanuts.
by Dudester230602 3y ago
I wonder what kind of talent they will be able to hire, paying the usual European taxed peanuts.
- dontupvoteme 3y agoPeople choose to live in Europe for reasons other than money. Things money can't buy.
- Dudester230602 3y agoThey can give out stock? Being taken for a ride is being taken for a ride.
- dontupvoteme 3y agoBasal capitalistic view. What's the most beautiful city you've ever visited and why?
- deleted 3y ago[deleted]
- _dain_ 3y agoa beautiful retirement home is still a retirement home. you either grow your own economy or become a vassal to someone else who does. if europe keeps stagnating and america keeps posting 4% gdp growth, a day will come when the EU can pass as many laws as they like and it won't matter. it'll be like some shitpoor latin american country against united fruit.
- dontupvoteme 3y ago"economy" is a meme - both china and the EU realized that this anglo-american system has its weaknesses which can be exploited The Chinese did it by just taking all the IP they could get as a requirement to sell in their nation The Europeans did it by requiring companies to abide by their new law or pay out fines(basically a quasitax) The capitalistic system is an addict to access to markets. Governments setup their various Guardrails to ensure that it can't entirely (i lack a nice word for this verb) their society and peoples.
- _dain_ 3y agochina is the world's factory, arabs have oil. what does europe make? the way things are going, there will eventually be an american company with a market cap greater than the GDP of France or Germany. at that point, they'll be making the real rules.
- malermeister 3y agoEurope makes for the largest, wealthiest single market in the world, the world's biggest importer and the world's biggest exporter. There's a lot of power in that.
- _dain_ 3y agonot even close. USA GDP: $26.8 trillion EU GDP: $17.1 trillion
- malermeister 3y agoProblem is, most of that US GDP is going to a few billionaires. There's a massive impoverished underclass in the US, who are not going to be able to drive much consumption. GDP is an incredibly reductive measure.
- _dain_ 3y agoevery country has an underclass. there is no rigorously defensible way to say that americans are poorer than europeans. none whatsoever.
- malermeister 3y agoEvery country has an underclass, the US one is just much bigger proportionally compared to the US one. This map speaks volumes: https://en.wikipedia.org/wiki/List_of_countries_by_income_equality#/media/File:Map_of_countries_by_GINI_coefficient_(1990_to_2020).svg https://en.wikipedia.org/wiki/List_of_countries_by_income_eq...
- unmole 3y agoFun fact: There are 17 European countries that rank higher than the US in the Index of Economic Freedom: https://en.wikipedia.org/wiki/Index_of_Economic_Freedom https://en.wikipedia.org/wiki/Index_of_Economic_Freedom
- deleted 3y ago[deleted]
- jasmer 3y ago[dead]
- intunderflow 3y agoDo we know they're paying peanuts as salary at this point? There are a lot of companies in Europe who will pay engineers 200k+ EUR and beyond, however admittedly nearly all are US companies or very closely connected to the US capital markets
- DyslexicAtheist 3y agothis blurs further with UK leaving Europe. Berlin doesn't pay much. And what's left then? Paris? Or Stockholm Sweden? Even the CxO's there don't make much more than 200K