Re:Boeing engineer breaks silence on MAX 737
by Rch_East on Saturday July 06, 2019 @03:13AM
(#20368417)
After living and working in multiple countries around the world: in the USA its easy to make money. In much of Asia there is a huge amount of corruption, and in the EU a huge amount of needless tax and regulation, and in neither areas (apart from a few Anglo countries) is English spoken as the official language.
In the EU companies spend a lot more time optimising their tax situations (for the founder and employees) and cannot easily hire or sell products across borders due to language barriers. The EU needs to adopt English officially and individual EU countries need to adopt English as an additional official language and allow children to be instructed in it
There's clearly something unique about the US in that nearly half of the capital in the global stock market is US companies, and the gigantic, relatively young, public companies are very disproportionately American (FAANG, etc.) Is it obvious to you what it is, because I've never heard a convincing, succinct explanation.
Here's a illustration of how skewed the world stock markets are by country:
https://amp.businessinsider.com/images/56a627a158c32379008b4...