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xh3b4sd ↑ pfp
xh3b4sd ↑
@xh3b4sd.eth
The money comes from risk takers. Any economy is only as good as the risk that people are allowed to take. Risk taking is not allowed anymore in Germany, or Europe at large. That is why the economy there is stagnant. Risk taking is more encouraged in the USA. That is why the economy there is rather growing. But make no mistake. There are forces everywhere trying to tame risk taking because it makes some people not feel good about themselves in comparison. That is how you go from free markets to central planning. And nothing good can come from the other end of this distribution.
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Paul Miller pfp
Paul Miller
@paulm
How is risk taking encouraged in USA vs EU? - the taxes are very similar and extremely high - crypto is in limbo, unclear position make projects abandon USA altogether
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