Re:The euro has tumbled near parity to the US dollar
by ff317 on Monday July 11, 2022 @05:50PM
(#32062442)
Except that our social safety nets are practically non-existent. I bet if you made a middle-class comparison where you took a bunch of the typical EU social benefits, and equated the private costs middle class Americans pay to take care of them privately (healthcare, especially for a family, care of elder relatives, how much they'll need to save up to put their kids in college and retire even meagerly on their private income, etc)... I bet the Americans come out on the losing end of it on average.
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Re:The euro has tumbled near parity to the US dollar
by piva00 on Tuesday July 12, 2022 @05:50AM
(#32067657)
I haven't calculated in financial terms which side would be the losing one but when I think about the stress and insecurity it brings, to always be on the edge to not lose your job and avoid struggle in your family. To always be only dependent on yourself while living in a society. It's maddening, I see lots of parallels to Brazilian society and it isn't healthy, even less to such a rich nation.