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thomas grabkowski
Into Europe
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Comments by "thomas grabkowski" (@thomasgrabkowski8283) on "Why Europe Fell Behind the United States" video.
Also the fact that laws make it much harder to grow and expand businesses in Europe and also European governments are less willing to bail out bankrupt companies than the US
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Well if you take HDI into account, then difference between US and Europe is pretty much eliminated and that over the period of comparison, the poor in the US has faced economic stagnation too and almost all the benefits of the rapid US growth since the period has gone to rich people
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@seanthe100 Well European economic and business policies really stifles innovation
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@franknwogu4911 US situation with birth rates isn’t much better tbh
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Also the fact that France has a huge population of immigrants from high birth rate African countries
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Also Europe generally being a resource poor continent. It’s the reason why Europeans went and found colonies in order to find resources
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@stephenjenkins7971 USA's population isn't young
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Well it’s also the continent that didn’t see much population growth from WW2 to now while the rest of the world’s population boomed. They make up a much smaller proportion of the world’s population now then 1945
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There’s draw backs such as how Europe’s policies are a lot less business friendly than the US
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As for Europe, it depends by country like Germany and Switzerland are decentralized too
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@thepaintingbanjo8894 Germany and Italy share the commonality of having among the world’s oldest populations. That has to do with it I bet as older people largely still cling to cash
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