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Reply to "Bleak jobs report in Europe"
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[quote=Anonymous]The French had yellow vest riots basically because taxes are too high, salaries are too low, and everything costs too much. They barely invent anything and have no semblance of an entrepreneurial environment capable of generating billions of dollars in wealth for their country. They are basically a country where they require the govt to provide them with everything from childcare, to pensions, to jobs. That's why they pay like 50+ income tax and live very low middle class lifestyle. It's fine if you like being so mediocre. The only problem is that everything implodes when the govt has problems because they have virtually zero economic diversification. Maybe wine and cheese and cosmetic and fashion production, but very little in the way of cutting edge tech that generates far more wealthy than consumer goods. [/quote]
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