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inductive_magic | 1 year ago

Yeah, but the US has >25% of the global GDP.

Go to India or China and look at the average persons buying power, then go to Texas or California. Singapore and Switzerland are in a comparable income bracket, but have a combined population of <15M.

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anovikov|1 year ago

Not really, US has barely 16% or so.

Trick about USA is that it is really open for business and private ownership and investment into anything. Unlike almost any other sizeable country.

Entire world can't avoid the US if they want to say, save for retirement (because stock market everywhere else is an absolute joke because their governments want it so).

Entire world can't avoid the US if they, on the other hand, want VC funding (just because in some countries a "startup" in the American sense is literally illegal, and in almost all countries, in practice impossible because no one will invest without a tangible collateral).

And the list goes on. That's why the world is whole lot frightened now with what Trump is doing because all of us - from Europe to China - know that without America, we are simply not.

It's safe to say that if not the American market, my life and life of literally everyone with any cash who i know, even those not realising it, will simply never happen in any positive way.

dataflow|11 months ago

> Entire world can't avoid the US if they, on the other hand, want VC funding (just because in some countries a "startup" in the American sense is literally illegal, and in almost all countries, in practice impossible because no one will invest without a tangible collateral).

I'm a bit confused by the sentiment here. Do I understand correctly that you're saying the rest of the world has made "startups" in the American sense illegal, but is also terrified of losing in America what they've deliberately outlawed domestically?