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> As an American, all I’m trying to do is get rich enough to move to Europe someday. How do Europeans get rich enough to have that life you dream about in Euro
by onlyrealcuzzo 11mo ago
> As an American, all I’m trying to do is get rich enough to move to Europe someday.
How do Europeans get rich enough to have that life you dream about in Europe once you're rich enough from making money in America to move there?
- deleted 11mo ago[deleted]
- toomuchtodo 11mo agoThey do not need to because their social systems are structured around public goods and services for humans instead of profits. Americans have to get rich to buy into a functional system, because they were unlucky enough to be born on the wrong soil. My health insurance for a family of 4 in Spain is $2k/year. In the US, $20k+ (premiums, copays, etc). Why? Combined market cap of UHC and CVS as of this comment is $391B. (Just one example, there are many) https://finviz.com/map.ashx https://finviz.com/map.ashx (am American who splits his time in Europe, and agrees with thread parent Europe > US; the US is an extraction engine, at its core)
- BobbyTables2 11mo agoYes, but can you eat out once a week without breaking the budget on a European salary?
- toomuchtodo 11mo agoWe are perhaps optimizing for different things. Dining out is not important to me versus affordable, accessible healthcare, for example.
- trashb 11mo agoyes you can, there are European cultures where eating out more than once a week is common.
- verzali 11mo agoYes, even most days in the week if you want.
- deleted 11mo ago[deleted]
- xp84 11mo agoI don’t know about Spain, but when I did some brief research it looks like senior software engineers in the UK make often substantially under £100,000. Away from London even £60,000. Most seniors at my company in the US make about £150,000. £50-70k of incremental salary pays for a hell of a lot of health insurance premiums and retirement contributions.
- trashb 11mo agoUK is not Europe since Brexit happened. You earn locally and spend locally. It's about local buying power and wealth, not about $197.644,50 > £60,000.
- xp84 11mo agoI only know Britain because that’s what I researched for my own reasons. But are you suggesting EU salaries are better? And also, that cost of living is like a third of US?? Remember that you can earn $200k working remotely from Ohio. Not just talking absurd SF or Palo Alto rents.
- screenoridesagb 11mo ago[dead]