Spekulatius Posted 21 hours ago Posted 21 hours ago (edited) 18 hours ago, Charlie said: + 1 There is no question the U.S. is the inventor of the world. But life/business is no zero sum game and we are profiting from these inventions. If you have a very good job in Europe or you are a Berkshire investor you can probably live better, because everything is relative. I like our democracy, no idiotic president, no ICE.... I heard of $20 beers at the world cup. + tip. I bought one for $19 in Atlanta. Those stories are true. To be fair, it was a German Maß. Edited 21 hours ago by Spekulatius
TwoCitiesCapital Posted 3 hours ago Posted 3 hours ago I think what most people are missing with the Europe vs America wealth debate is that Europe doesn't get to print infinite amounts of paper money out of thin air to buy global goods/assets/products with. At least not anywhere to the extent the US gets to. Every second the USD remains the reserve currency is a second that were trading something that is largely worthless and getting something of real value. Every fiat currency does this, but being the global reserve means we get to abuse the shit out of it. That small benefit across every int'l transaction every day for decades adds up.
changegonnacome Posted 20 minutes ago Posted 20 minutes ago On 6/23/2026 at 7:10 PM, Spekulatius said: Wealthier yes, but better I am not sure. Europe has a much better work life balance (work hours, vacation) and more livable cities. US has lower taxes , is much more entrepreneurial. There is also one area where many European countries have the US beat and that is something else not measured in $ and €'s.....and thats trust....many European countries when measured still have all the hallmarks of high trust societies - citizens trust in the institutions and trust in fellow citizens...if you've never experienced this you probably don't realize what a quality of life enhancer it is......the US in its period of economic outperformance over Europe has seen both those metrics degrade meaningful such that many surveys place it as now a medium to medium-to-low trust society.
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