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0 pointspragmatic2y ago0 comments

I would love for this to be true. Europeans do seem to enjoy a higher quality of life among several axis.

However the US subsidizes European defense (refer to current events) allowing European countries to spend less GDP on their military.

Talent comes to the US from all over the world. That's how it works and has since almost the beginning of the country.

Easier access to capital (and easy bankruptcy, etc), entrepreneurial mindset (less Tall Poppy syndrome), etc etc means business is generally easier in US.

Linus moved to the US. The web was possible bc the internet was funded by the US (arpanet, etc).

Europeans enjoy the Pax Americana without paying tribute to the Amerian empire.

https://worldpopulationreview.com/country-rankings/nato-spen...

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mrtksn2y ago

Maybe the US is spending so much in defence in it's own interests? Maybe that's how US can enforce business benefits like copyrights to the American corporations and business decisions on what other countries can invest into? Maybe that's why US can print USD at will but other countries have to earn it?

But I like the Linus argument, however this complicates things further: Are tech becoming European when the tech CEO's are having a vacation in the French riviera?

Bayart2y ago

The US isn't so much subsidizing defense as it is exporting safety. And it's making bank on it.

PawgerZ2y ago

And exporting a little teror in the background to make more moeny on their exported safety.

swexbe2y ago

The American military is paid for by debt. The US can only take on this debt because they have the world’s reserve currency. It’s essentially a flat tax on the rest of the world.

deterministic2y ago

Subsidizes????? You mean selling weapons at highly inflated prices benefitting the US economy while eroding Europes industrial base? Not to forget that Europe and Taiwan supplies many of the sub-systems used in US weapons. The Abraham main battle tank gun is German for example.

And by the way Europe has nukes.

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