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> Europe is poorer than ever Europe is richer than ever.

• okasaki 3y ago
  Wealth only matters in comparison to others, and Europe is poorer than ever compared to other regions.
  • pmontra 3y ago
    In relative values it's worse than 100 years ago, better than 1000 years ago. Absolute values are also important. It's still much better than 100 years ago. And then so many people migrate to Europe from the Americas, Africa and Asia. It shouldn't be so bad after all.
    • wolverine876 3y ago
      > In relative values it's worse than 100 years ago Relative to what? 1926 was after WWI devestated Europe and I think Germany would have been in very bad shape from the Versailles Treaty.
      • pmontra 3y ago
        Just one example: China has been the wealthiest country in the world except for the 19th and 20th centuries (and maybe the very few centuries before those,) when countries from Europe and the USA colonized it, then Japan. It's still recovering but economically is in the same league as Europe. Post world war Europe and Germany were still better off than China. The proof is that Germany took very few years to recover, arm and start another war.
        • wolverine876 3y ago
          > China ... economically is in the same league as Europe. Not at all; on a per capita level Europeans are far richer and more productive.
  • wolverine876 3y ago
    > Wealth only matters in comparison to others Ask someone who can't afford food, shelter, shoes, healthcare, education ...