News for hackers. Stuff that matters.

A comment on Mondragon as the New City-State. Parent comment

Re:Mondragon as the New City-State by ladyanita22 on Tuesday September 03, 2024 @04:58PM (#41439133)
I'm from Spain, so I'm quite sure of what I'm talking about. Spain might be a highly developed country, but its gdp per capita is not too high compared to the likes of Germany, UK, France, Denmark, US, et al.

Basque country is, again, rich because it has an special tax treatment and could be considered a tax heaven to some extent.

[ Parent | on HN ]
Re:Mondragon as the New City-State by nextos on Tuesday September 03, 2024 @05:21PM (#41439357)
The Basque Country has a GDP (PPP) of 108 [1]. Higher than France (101), as an average, or Italy (97).

I'd say its a well developed region comparable to Northern Italy. Both were badly hit by the Euro. Had they kept their own currencies, they'd be closer to Sweden or Southern Germany.

[1] https://www.eustat.eus/elementos/tbl0012365_i.html

[ Parent | on HN ]
Re:Mondragon as the New City-State by ladyanita22 on Wednesday September 04, 2024 @07:23AM (#41444342)
Oh, I agree on that. I'm sure had we kept our currency, we would have suffered much less.
[ Parent | on HN ]
Re:Mondragon as the New City-State by pier25 on Friday September 06, 2024 @12:58AM (#41463011)
You’re cherry picking. Why don’t you compare it with any country in latam, Africa, or Asia?

Spaniards tends to have this idea that Spain is a shithole when it’s really one of the best countries in the world.

[ Parent | on HN ]