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Re:Tech compensation in 2021 by Jensson on Thursday October 14, 2021 @10:19PM (#28873339)
> The GDP of Germany and France are both below where they were in 1995 inflation adjusted

In US dollars. You can't use USD inflation numbers for other countries, Euro inflated much less than US dollars in these years. The effect you see where Europe has stagnated given USD levels of inflation is just the effect of USD currently being a bubble. If you use their internal inflation numbers then the economies of Europe are growing just fine.

Re:Tech compensation in 2021 by coliveira on Thursday October 14, 2021 @10:52PM (#28873617)
USD is supposed to be a bubble, because that's how it was designed (at least after Breton Woods). I realized this when trying to figure out when the GDP of China would be higher than the US, and seeing that this depends less on real Chinese production and more on the crazy valuation of USD.

A lot of US economy is not real. A lot of the GDP is based on financial services, real estate, and stocks (including tech), which are pure bubble money. A lot of the economy is also based on health care, which basically doesn't exist is a decent country with public services. The other part is "defense", which means they threat the rest of the world into growing their economy.