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Posted (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 by Spekulatius
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Posted

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. 

Posted
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.

Posted

 

This is the most European/EU news story ever...shut off AC for lower level workers at the EU, but Ursula and her staff on the upper levels get to keep their AC on. AC for me, but not for thee.

 

Just like Davos where all the private jets fly in to discuss climate change...

Posted
On 6/25/2026 at 5:31 PM, james22 said:

Image

 

Yet EU's GDP is 2/3 of US GDP.

 

US is clearly leading in market cap and hyper-growth startups. 

 

What's the comparison of Mittelstand?

Posted
On 6/25/2026 at 5:45 PM, changegonnacome said:

 

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.

I am afraid that you are thirty years too late.   I would argue that given the insane immigration, UK, Ireland, France, et all are low trust societies today.  If you go to a small town in the US, you will see a high trust society, NYC is not a good representative of the country as a whole.  

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