Comments by "DrScopeify" (@drscopeify) on "Into Europe"
channel.
-
11
-
10
-
4
-
3
-
2
-
1
-
1
-
GDP per capita is not accurate representation, if a country has large wealth in resources (Middle east, Russia, Netherlands), in large companies that park wealth in the country (Ireland, UK) or very high level of inequality (South America countries, South Africa) You end up with GDP per capita that does not tell the true story of what life is really like. In the case of Italy, USA, France, China, South Korea, you get to see a very even spread of these economic forces so that no single force has enough to tip the balance. Germany has heavy weight of manufacturing, France has very high levels of Government spending as part of GDP like 60% or whatever, and USA has money from around the world going to Wallstreet but the rest of all 3 economies is very balanced so GDP per capita might be more honest the other countries.
1
-
1
-
1
-
1
-
1
-
1