3 ms·
USA pop: abt 350 million EU pop: abt 450 million > I prefer the European style if that implies some difference in GDP. It's quaint to think that but compoundi
by chrisco255 1y ago
USA pop: abt 350 million
EU pop: abt 450 million
> I prefer the European style if that implies some difference in GDP.
It's quaint to think that but compounding interest is a doozy. If your competitors are growing at 4% a year and you're growing at 1% a year, they will triple their economy over 30 years while your economy sees a meak 30% boost. At some point you'll find your economy an entire century behind in development. And you'll no longer even have power or influence over the decisions made at the grown ups table.