We have longer life expectancy in Europe, half your homicide rate , and less personal debt. We also have way more paid holidays and leaves. So I ll end up seeing my familly and loved ones 2x more than you will , too busy to work for your billionaires overlord (who themselves have miserable lives).
Capitalists will often complain that Europe has no huge companies like the US does. But when you look closer, it's because companies in the Europe can't exploit their workers. No sudden lay-offs, no unpaid overtime and other wage theft practices. This makes companies less scalable, but untamed scaling just leads to bubbles.
Tesla is supposedly worth more than Toyota, except it has only released 5 cars in nearly 20 years, one of which was an enormous flop.
Do not let market capitalization fool you. Revenue wise Tesla is <100 BN USD. Less than a third than VW or Toyota.
And tech wise I do not see them ahead of anyone anymore. Basically all US shares are inflated and larger parts of the market are not driven by real numbers
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u/paranood888 7h ago
We have longer life expectancy in Europe, half your homicide rate , and less personal debt. We also have way more paid holidays and leaves. So I ll end up seeing my familly and loved ones 2x more than you will , too busy to work for your billionaires overlord (who themselves have miserable lives).