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I know America is supposed to lead the way but Europe is larger and richer and has a space budget one third of NASA.
by happyscrappy 11y ago
I know America is supposed to lead the way but Europe is larger and richer and has a space budget one third of NASA.
- CyberpunkDad 11y ago-Greece
- mcdougle 11y agoBetter yet, why does it have to be an "individual nation" thing? Why can't all (or even just some) of the developed nations collaborate and pool funding and have a bigger team to work on the problem?
- allendoerfer 11y agoThat individual nation thing was the only reason America visited the moon.
- mcdougle 11y agoSure. And we definitely need some kind of motivation to focus our efforts on space exploration (it's very noticeably become an afterthought ever since we stopped trying to compete). But if we could somehow find that motivation, it would be far more productive to work together -- we'd have a lot more manpower and a higher budget that way.
- adventured 11y agoThe US is richer, and has a larger GDP as of now (post Dollar run and Euro drop) than the European Union. The US has about ~40% of all private wealth (globally private wealth is around $270 trillion, with US households holding $86 trillion [1] of that; then furthering that are US corporate assets, which are far larger than European corporate assets). By comparison private wealth in all of Europe is about $60 to $65 trillion. [2] [1] http://www.federalreserve.gov/releases/z1/Current/z1.pdf http://www.federalreserve.gov/releases/z1/Current/z1.pdf [2] http://www.reuters.com/article/2014/10/01/us-europe-wealth-study-idUSKCN0HQ46G20141001 http://www.reuters.com/article/2014/10/01/us-europe-wealth-s...
- onedev 11y agoAlso Europe is a continent.
- happyscrappy 11y agoESA