Comments by "Mosern1977" (@Mosern1977) on "VisualEconomik EN" channel.

  1. Wine vs Beer. Beer just beats Wine for productivity.
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  2. eh, yes. China, Rwanda, Bangladesh and South Korea for example. Rich countries continuously adjusts economic policies. Countries that does not will crash, and then have to go through hardship (like all failing economies do). Stable rich countries, like Switzerland or Norway will of course adjust policies much more slowly, because they plan ahead deliberately, so no need for drastic measures.
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  3. If you want what the average Joe feels, I think "median income adjusted for purchasing power" is the best indicator. Average is very scary, as it is heavily influenced by a few rich folks.
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  4. Welfare requires a working economy. First you need the economy working, then you can have welfare.
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  5.  @user-gw3hq4mb7m  - yes, an Argentina now needs to scale its welfare to its actual economy - not its phony economy that it used to have.
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