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That's true - the counter-counterexample is Singapore where GDP/capita shot straight past western European countries and just kept going. They do have the signi
by ifwinterco 2y ago
That's true - the counter-counterexample is Singapore where GDP/capita shot straight past western European countries and just kept going. They do have the significant advantage of being English speaking though
- echoangle 2y agoSingapore also has the advantage of being a significant financial hub. But that only works when being small, it doesn’t scale to something like the EU.