Re:Millions are visiting the European Alternatives site––wha...
by wasmitnetzen on Monday March 24, 2025 @06:52AM
(#43459455)
I don't agree with the notion that the existence of a few mega-corps is a useful metric. Of course the US is the more free market, and allows those oligopolies to exist. The EU would have split up those companies years ago.
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Re:Millions are visiting the European Alternatives site––wha...
by ETH_start on Monday March 24, 2025 @06:53AM
(#43459463)
The US economy is now 50% larger than the EU's, as a result of this market freedom and enterprise growth.
Re:Millions are visiting the European Alternatives site––wha...
by halper on Monday March 24, 2025 @07:48AM
(#43459828)
That is definitely one measure, but it is also an economy where someone working at the restaurant in a hotel in Miami earns about one bottle of water per hour. If the bottled water is expensive or if the salary is low is a matter of perspective.
Re:Millions are visiting the European Alternatives site––wha...
by ETH_start on Monday March 24, 2025 @10:42AM
(#43461670)
The purchasing power of the average American is much higher than the average European.
Re:Millions are visiting the European Alternatives site––wha...
by rvba on Monday March 24, 2025 @07:24AM
(#43459665)
USA was not impacted by WW2 (by this I mean it wasnt bombed to nothing) and 50 years of communism.
Re:Millions are visiting the European Alternatives site––wha...
by ETH_start on Monday March 24, 2025 @10:43AM
(#43461681)
They were neck-and-neck in 2008. The gradual accumulation of regulatory restrictions limiting contract freedom, and taxes, turned the tide.
Re:Millions are visiting the European Alternatives site––wha...
by rvba on Wednesday March 26, 2025 @09:44AM
(#43482216)
Year 2008 was like world war 2?
That's an interesting take...
Re:Millions are visiting the European Alternatives site––wha...
by someNameIG on Monday March 24, 2025 @05:26PM
(#43465552)
Only by nominal, by PPP the difference doesn't seem that different. US is $30 trillion by PPP, the EU is $29 trillion.
Re:Millions are visiting the European Alternatives site––wha...
by ETH_start on Monday March 24, 2025 @08:43PM
(#43466973)
PPP statistics don't account for the lower value of ersatz products/services. They artificially equate the value of product/service suites across countries, instead of relying on market price signals to gauge value.