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The US has a massive advantage of being the largest economy, having a vast single market, issuing the world's reserve currency, and having unique hubs like the
by bananaquant 2y ago
The US has a massive advantage of being the largest economy, having a vast single market, issuing the world's reserve currency, and having unique hubs like the Bay Area attracting the best and brightest. It would be hard to replicate its success elsewhere without having some of the above prerequisites.
- aussiegreenie 2y ago>being the largest economy, having a vast single market America is NOT the largest market the EU is MUCH BIGGER. And it is not "America" that commercialises technology, but a small portion of California called The Valley.
- aeonik 2y agoAccording to this the US GDP is 1.5 times bigger than the entire EU: https://statisticstimes.com/economy/united-states-vs-eu-economy.php?utm_source=chatgpt.com https://statisticstimes.com/economy/united-states-vs-eu-econ...