4 ms·
Balance of trade is irrelevant. Europe is crappily run and does a terrible job encouraging capital formation. Seriously, why would anyone in their right mind e
by whimsicalism 3y ago
Balance of trade is irrelevant. Europe is crappily run and does a terrible job encouraging capital formation.
Seriously, why would anyone in their right mind ever invest in tech creation in Europe? That’s right - they don’t. And it makes Europe poorer and less dynamic.