For much of the last century, France, the UK and Germany largely grew in tandem.
Recently though this relationship has ended, with Germany jumping solidly ahead of the other two. Why is this?
For much of the last century, France, the UK and Germany largely grew in tandem
Alexander Johnson
Aaron Cruz
it was their long term plan prior to ww1
Jose Cox
I don't know, but look at Norway. They are so filthy filthy rich it's not even funny anymore.
Grayson Wilson
Too rich for EU.
Xavier Richardson
PROTIP: Be skeptical towards any list where the US ranks higher than Sweden.
Josiah Nguyen
what does this have to do with GDP per capita?
Colton Mitchell
Explain Ireland, does the general population benefit?
Chase Jenkins
they cant colonise and enslave other people anymore
Christian Thomas
Yep.
Oliver Lopez
Norwegian genes.
Cameron Watson
Turks and Syrian propping their economy up.
Ethan Rodriguez
im surprised, from what i've seen ireland almost seemed poor
Caleb Murphy
The amount of Germanic genes and not having colonies anymore.
Logan Kelly
The French economy is regulated and rent-seeked to hell and back (the Economic Freedom Index has them as the second least free economy in the developed world, after Italy; for reference #1 and #2 are Singapore and New Zealand; Germany is #25; France is #70).
They still haven't even come close to 2008 levels of GDP (right now at $2.6 trillion vs $2.918 trillion in 2008) and have 20%+ youth unemployment. They also have the third highest net public debt in the developed world due to rampant social spending, again, after Italy (and Japan). All attempts to fix this have been met with literal riots. Germany has much healthier policies.
Eli Ortiz
Turks and Syrians reduce the gdp per capita though.
Zachary Sanchez
>For much of the last century, France, the UK and Germany largely grew in tandem.
>Recently though this relationship has ended, with Germany jumping solidly ahead of the other two. Why is this?
Caleb Sanders
V4 will soon catch up with the west, that's a matter of 20 years max
Gabriel Jenkins
>V4 will soon catch up with the west, that's a matter of 20 years max
Jackson Kelly
>that butthurt balkanlar
Brody Howard
Ireland is a tax haven for international corporations, countries like Apple, Google and Microsoft have their Evropean HQ in Ireland for example. I don't know how much it helps the local economy but at least a lot of companies set up shop there.
Ryan Murphy
>>that butthurt balkanlar
Gabriel Hernandez
>countries like Apple, Google and Microsoft
I meant companies off course, but it would be interesting if they were their own countries.
Jonathan Rivera
> I don't know how much it helps the local economy
Ireland was a poor shithole before the 1990s and now it's a typical western country with western salaries on par with the UK or France
Kayden Ortiz
This
Joshua Lee
>The French economy is regulated and rent-seeked to hell and back (the Economic Freedom Index has them as the second least free economy in the developed world, after Italy; for reference #1 and #2 are Singapore and New Zealand; Germany is #25; France is #70).
>They still haven't even come close to 2008 levels of GDP (right now at $2.6 trillion vs $2.918 trillion in 2008) and have 20%+ youth unemployment. They also have the third highest net public debt in the developed world due to rampant social spending, again, after Italy (and Japan). All attempts to fix this have been met with literal riots. Germany has much healthier policies.