4 ms·
Europe has lower cost of living and lower wages so EU Investors don't need US levels of money to compete.
by Cumpiler69 2y ago
Europe has lower cost of living and lower wages so EU Investors don't need US levels of money to compete.
- tmnvdb 2y agoDevelopers are cheaper but not a lot, and regulatory costs are higher - the difference in the end in not huge. Plus: if you want to win a global market you need global talent at global wages. You need a lot of private capital and Europe does not have any.
- machiaweliczny 2y agoEU has enough capital it just works on US market cause there no unified capital market in EU. If Trump hits EU with tariffs I hope this changes.
- tmnvdb 2y agoYou're right, the EU does have a lot of capital, but its not made available to European business.
- Cumpiler69 2y agoIt IS available to businesses, but only to those with the correct political connections.