European Parliament approves copyright reform

Re:European Parliament approves copyright reform by adventured on Tuesday March 26, 2019 @11:03PM (#19497863)

The EU isn't close to as rich as the US, the parent comment was far off the mark.

Not only does the US have about ~40% of all the millionaires on earth all by itself, its GDP per capita is 77% higher than the EU ($33,700 per capita per the Worldbank 2017 figures; versus $59,700 that year for the US). Its nominal GDP is also about $2 trillion higher, despite having roughly 200 million fewer people.

PPP is a near worthless measurement if you're a business trying to sell goods. It's the absolute last thing you'd rely on to gauge the pricing power in a market for a product or service.

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Re:European Parliament approves copyright reform by kmlx on Thursday March 28, 2019 @09:53AM (#19512164)

PPP is worthless for a business. i totally agree. that's why i was asking the parent comment about what does "rich" mean for him.

but I agree with you that from a business perspective the US is de facto the place to be.

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