@Stormborn_Bk Come on bro, soccer is straight-up not a thing in America. Nobody’s dropping stupid money on overpriced tickets to watch Morocco play Turkey. Americans will blow thousands on NFL games without blinking, but soccer? Nah, that shit just ain’t it here.
@trouble_man90 were crawling out of the COVID shutdowns after millions of jobs got wiped out. It was pure recovery mode with sky-high unemployment. That’s nothing like now, where we’re at full employment. The actual question is: where the hell are these new workers supposed to come from
@danobrien20 Is this largely because Ireland’s headline GDP is heavily distorted by its role as a low-tax hub for US (and other) multinationals, which use structures like tax inversions, intellectual property relocation, and profit-shifting to reduce their global tax bills?
@RichardHanania China’s economy overproduces and underconsumes. With household consumption low and savings high, trade surpluses and overcapacity persist. Boosting household spending would reduce reliance on exports and investment, creating a more balanced outcome for China and its trading partn
@Onemoretime2212 How is it acceptable that counting votes takes three weeks? Name one other country or state that pulls this nonsense. All you’re doing is destroying trust, credibility, and integrity with this kind of mess
@stephen_richer How is it acceptable that counting votes takes three weeks? Name one other country or state that pulls this nonsense. All you’re doing is destroying trust, credibility, and integrity with this kind of mess
@CowabungaLLC@tonyannett PPP is not relevant when comparing two developed economies, since their labor costs and the share of non-tradable goods are broadly similar. PPP is designed for comparing very poor countries, where labor is extremely cheap and non-tradable goods are larger share of Econ
@BarlowBlunt@Smirkley Using PPP is inappropriate when comparing advanced economies to one another. PPP is more useful for comparisons between poor and rich countries, where large differences in low-cost labor and non-tradable goods prices have a substantial impact.