Re:The American Dream Is Alive in Finland
by Daishiman on Monday July 11, 2016 @07:13PM
(#12075523)
> US households have better balance sheets than most highly developed European nations. So that's obviously not making the impact that people would like to claim it is. The median student loan for all people with student loans, is a mere $13,000.
When you have a strong safety net, your don't need that higher balance sheet because the chances of needing it due to catastrophic events are vastly higher. I would be far less scared of being indebted in a Nordic country than in the US.
> As a significant counter point, a vast number of Americans are receiving compensation at their jobs in the way of health insurance coverage. That isn't counted at all in the US disposable income numbers and it's an extremely large number financially.
Yeah, and you lived scared out of your fucking mind if you have some sort of condition where if you lose your job your health can be compromised. What if you have children?
Also, American health coverage is an absolute piece of crap.
> Want to move to Boise Idaho? You can have a household disposable income higher than Sweden, with real estate costs 25% that of Sweden. In Europe, you can't just choose to move to Portugal, much less Czech, much less Bulgaria, and expect to have an income as high as in Germany or Sweden, in order to take advantage of lower cost real estate.
Yeah, but you have to live in Boise, Idaho. Something tells me that the average European metropolis is far more relevant culturally. This fact is not lost in the younger generation that keeps moving to the big cities.
When you have a strong safety net, your don't need that higher balance sheet because the chances of needing it due to catastrophic events are vastly higher. I would be far less scared of being indebted in a Nordic country than in the US.
> As a significant counter point, a vast number of Americans are receiving compensation at their jobs in the way of health insurance coverage. That isn't counted at all in the US disposable income numbers and it's an extremely large number financially.
Yeah, and you lived scared out of your fucking mind if you have some sort of condition where if you lose your job your health can be compromised. What if you have children?
Also, American health coverage is an absolute piece of crap.
> Want to move to Boise Idaho? You can have a household disposable income higher than Sweden, with real estate costs 25% that of Sweden. In Europe, you can't just choose to move to Portugal, much less Czech, much less Bulgaria, and expect to have an income as high as in Germany or Sweden, in order to take advantage of lower cost real estate.
Yeah, but you have to live in Boise, Idaho. Something tells me that the average European metropolis is far more relevant culturally. This fact is not lost in the younger generation that keeps moving to the big cities.