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Comment by Herring

You'll discover that compounding growth is useless to YOU, when Trump and Musk are taking 99.9% of it. Wages are stagnant. The US is #24 on the world’s happiest countries list, and has been dropping for a long while. At the top of the list, we find socialist countries with access to world-class public services like healthcare and education -- which the US is currently trying very hard to gut. The last time something like this happened, it took a Great Depression and intense widespread economic pain for Americans to snap out of it. Inequality is destabilizing and Americans are clueless (see inflation leading to Trump), so I think Europe is likely to do better in the long run.
parent Herring 1 year ago

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