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Re:Pooling and Sharing of wealth make everyone's wealth grow... by mo_42 on Saturday September 02, 2023 @05:03AM (#37359725)
Might be true but I've never heard of any European who was bankrupt because of student loans or doctors invoices.

Also, it doesn’t seem like Europeans are much more uneducated or unhealthy than people in the US.

Re:Pooling and Sharing of wealth make everyone's wealth grow... by jiofj on Saturday September 02, 2023 @05:17AM (#37359813)
Dunno why everybody is using this thread to compare the EU to the US, as if I cared about how it is in the US.

I'm telling you I pay over half my salary in taxes and get little in return. Whatever happens in the US is not my problem.

Re:Pooling and Sharing of wealth make everyone's wealth grow... by lapcat on Saturday September 02, 2023 @05:28AM (#37359885)
> Dunno why everybody is using this thread to compare the EU to the US, as if I cared about how it is in the US.

Because the comment that you replied to was comparing the EU to the US: "And everyone benefits from this kind of collective solidarity - our societies are far less combative (both in the literal and the proverbial sense) than the US are."

Re:Pooling and Sharing of wealth make everyone's wealth grow... by ekianjo on Saturday September 02, 2023 @05:09AM (#37359763)
You dont have student loans in the EU because the universities are subsidized...
Re:Pooling and Sharing of wealth make everyone's wealth grow... by yorwba on Saturday September 02, 2023 @05:34AM (#37359914)
There are student loans in the EU, because subsidizing universities doesn't extend to providing free food and housing for students. E.g. student loans offered by a German state-owned bank: https://www.kfw.de/inlandsfoerderung/Privatpersonen/Studiere...
Re:Pooling and Sharing of wealth make everyone's wealth grow... by refurb on Saturday September 02, 2023 @06:18AM (#37360136)
Tuition is subsidized. But I don't know about you, but living expenses for 1 year are often as much or more than public college tuition in the US.
Re:Pooling and Sharing of wealth make everyone's wealth grow... by refurb on Saturday September 02, 2023 @06:17AM (#37360129)
Really? Nobody has gone bankrupt due to health issues?

Because in Canada, which has universal health insurance, medical bankruptcies are 25% of all bankruptcies for those over 55.

Why? Because if you're sick enough, you can't work. You can go on unemployment, but it's capped and doesn't replace 100% of your income. So if you're living paycheck to paycheck, it's not that hard to go bankrupt if you don't have the income to pay your mortgage, car loan, etc.