A slowdown in productivity growth in Europe has became one of the key reasons behind a widening per capita income gap with the United States, according to the IMF's latest productivity report.
Our per capita income gap conveniently ignores the wealth inequality. Maybe don’t take lessons from the country going fascist because the economy isn’t working for the majority of it’s people.
While that’s a problem, imho there are a few points in the article worth considering.
For example it’s very hard to grow companies due to lack of capital for investments. So companies move to the US, which is a problem for us.
Our per capita income gap conveniently ignores the wealth inequality. Maybe don’t take lessons from the country going fascist because the economy isn’t working for the majority of it’s people.
While that’s a problem, imho there are a few points in the article worth considering. For example it’s very hard to grow companies due to lack of capital for investments. So companies move to the US, which is a problem for us.