logoalt Hacker News

inigyoutoday at 12:10 PM1 replyview on HN

The US has both infinite money for the rich and strong wealth inequality - both carrot and stick. I don't think it's a good way to live though. China also has unlimited money and top-down economic control that can direct good things to be made. Europe has neither. It has people with stable lives they don't want to mess up, and it has limited money, most of which is claimed by its existing billionaires through its bureaucratic processes.


Replies

tonyhart7today at 12:16 PM

You know that this is cope of Incompetent of European Homegrown software industry right ???

China literally backwater in 1970s, now they have some of the biggest software tech itw

there is no excuse

show 1 reply