Re:Why Don't Americans Understand How Poor Their Lives Are?
by ekianjo on Thursday April 04, 2019 @08:58AM
(#19571680)
> The other thing is that Europe may have 500 million people, most of them speak a different language/culture
That's far from sufficient to have a strong economy. Actually the strongest economies in the world (take GNI for example: https://en.wikipedia.org/wiki/List_of_countries_by_GNI_(nomi...) right now have small populations: Switzerland, Norway, Macau, Luxembourg, Iceland, Singapore... and the US. Most other developed countries in Western Europe rate relatively quite low.
Re:Why Don't Americans Understand How Poor Their Lives Are?
by EliRivers on Thursday April 04, 2019 @08:52AM
(#19571624)
Although interestingly, the internal US market is in some ways less free, less competitive and suffers more regulatory barrier than the internal EU market. Here's a piece on it: https://www.weforum.org/agenda/2018/10/are-eu-markets-more-c...
The other thing is that Europe may have 500 million people, most of them speak a different language/culture. The US is one massive market who broadly share the same mother tongue. In the US you can have one company market to all states (and the 51st over the pond!). In Europe you need at least a dozen to get similar reach.