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There's absolutely no indication that what is highlighted in the tweet is due to the 2008 crisis. As a French, I can tell you that the reason the GDP doesn't g
by iLoveOncall 2y ago
There's absolutely no indication that what is highlighted in the tweet is due to the 2008 crisis.
As a French, I can tell you that the reason the GDP doesn't grow is because France is absolutely failing at any sort of innovation. So are most EU countries.
This is self-inflicted damage, nothing to do with 2008.
- alephnerd 2y ago> There's absolutely no indication that what is highlighted in the tweet is due to the 2008 crisis Not in the tweet, but the austerity policies pushed by the ECB in the aftermath of the crisis has been shown to have significantly slowed down economic growth [0] [0] - https://www.nber.org/system/files/working_papers/w23147/w23147.pdf https://www.nber.org/system/files/working_papers/w23147/w231...
- MattPalmer1086 2y agoThen what explains the clear inflection point in 2008? Did western Europe suddenly become less innovative?
- steveBK123 2y agoAusterity