4 ms·
Actually, it's far closer to the truth than you may think. France? Their debt is killing their country and causing escalating political crises. Germany? Energ
by gjsman-1000 1y ago
Actually, it's far closer to the truth than you may think.
France? Their debt is killing their country and causing escalating political crises.
Germany? Energy costs are killing their competitiveness. Hard to compete with energy costs of $0.44 per kWh on average; before labor costs.
Italy? Need I say more? Their economy is notoriously stagnant.
The remaining 24 EU countries make up less than 50% of the EU's GDP. Meanwhile, US and EU GDP went from almost 1:1 in 2008, to 1:0.65 and still declining.
To give you a sense of how severe Germany's problems are, the US state of Mississippi is almost ready to pass Germany's GDP per capita.
- troupo 1y ago1. So much emotion 2. None of that says that the EU isn't rich 3. None of that proves that the bullshit about revenue Do you know how I know that? Because that "7%" comes from this quote: "Just to keep it in context, the changes apply to the EU market, which represents roughly 7% of our global App Store revenue." App Store revenue is not all of Apple's revenue. Oh, and those same execs claim they don't even know if App Store makes money or loses it, so how would they know.
- jacquesm 1y agoYou seem to enjoy making nonsense comparisons. But I wonder why you do this, is there something in it for you to make it seem as though the USA is doing fine when the EU is - according to you - not? I've actually lived on both sides of the Atlantic. And there is wealth on both sides and there is poverty on both sides. But the gap between rich and poor is much more pronounced on the US side than in the EU. Energy costs are a small fraction of the total expenses. Mississippi is not a good comparison to Germany (last I checked half of Mississippi was not living under the russian boot for 50 years) and if you just stare at the GDP you will miss a lot of quality-of-life indicators that would make me choose to live in Germany long before I would want to live in a backwater state in the USA. And that's assuming the USA will survive the current onslaught on its institutions. So stop bullshitting and start thinking about what the real world differences are between countries and then strive to improve the one you can have an effect on rather than just seeing this as a numerical game of put-downs that make absolutely no sense at all.