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matthewowen | 8 months ago
Standard plan is £5.99 in UK, €7.99 in france, $7.99 in the US. So the US is the cheapest of those after currency conversion
> cinema
US median price in 2022: $10.53. In the UK, £7.69 == $10.54 (uncanny tbh)
> groceries
https://www.lovemoney.com/gallerylist/360768/what-a-basket-o... puts the US at $52.80, France at $51.08.
I'm genuinely struggling to understand where you are pulling these conclusions from because they don't fit the trivially searchable data, nor do they fit the anecdotal conclusions that I think most people would make from spending time in these places.
> Are interest rates favourable? There are multiple concerning trends (like car payments being one of the top household expenses and people struggling with that, people owing more on car loans than what the vehicle is worth, etc. https://www.cnbc.com/2024/10/15/american-consumers-are-incre... )
Yes, they're more favorable. The interest rates available to US consumers on auto purchases are lower than those available to UK consumers. And again, it's a case where your need to moralize is getting in the way of the topic: I'm saying that easier access to credit is a contributor to Americans spending more on cars. You are saying "oh, but Americans then struggle with auto loans". Yes! These are not conflicting statements. You seem to be attaching a value judgement that isn't there to the statement that "Americans are able to spend more on cars". It doesn't have to be a good thing, but that doesn't necessarily make it untrue.
> I'm not ranting, I'm correcting a wrong comparison using a wrong metric incorrectly. I don't know what is it with Americans reassuring themselves with GDP metrics, but it's very confusing why anyone would throw in GDP numbers when talking about disposable income and the car market.
You were the first person in this thread to bring up GDP per capita! The person you are replying to said "richer". You're the one interpreting this to be a GDP reference, but it doesn't need to be since it's also true with regards to disposable income.
I also don't understand why you think it's people "reassuring themselves". I don't need reassuring of anything on this topic, and I'm not sure why you think you know what beliefs I might hold about the relative merits of living in MS versus various European countries. I think it's a pretty basic ability to be able to decouple the question of "is the median american is willing and able to spend more money on a car than the median german?" from "which country has an overall higher standard of living?".
sofixa|8 months ago
Standard with ads, which is distorting because ads have a different cost and benefit (more expensive and lucrative in the US). Standard Standard is 14.99€ in France, £12.99 in the UK, $17.99 in the US.
> US median price in 2022: $10.53. In the UK, £7.69 == $10.54 (uncanny tbh)
2022 is distorted due to Covid.
> > groceries
> https://www.lovemoney.com/gallerylist/360768/what-a-basket-o... puts the US at $52.80, France at $51.08.
I like how you picked France, not Poland at $27, Spain at $35, UK at $35, Ireland at $39, Belgium at $42, Italy at $44, Germany at $46, etc.
> I'm genuinely struggling to understand where you are pulling these conclusions from because they don't fit the trivially searchable data, nor do they fit the anecdotal conclusions that I think most people would make from spending time in these places.
From visiting the US multiple times over relatively extended periods (few weeks at a time) over the past few years, while living and travelling extensively over the EU. Plus anecdotes from the internet. A lot of things are more expensive, when you count everything (tax, tips, etc).
> Yes, they're more favorable
You said they're favourable, not more favourable than e.g. in the UK. What's the average APR?
> You were the first person in this thread to bring up GDP per capita! The person you are replying to said "richer".
The only metric by which Mississipi is "richer" than France is GDP/GDP per capita.
matthewowen|8 months ago
so it's 30 cents cheaper per month on that basis. that doesn't really support the claim.
> I like how you picked France, not Poland at $27, Spain at $35, UK at $35, Ireland at $39, Belgium at $42, Italy at $44, Germany at $46, etc.
I picked France because I had specifically mentioned France previously. I'm aiming to be consistent.
> Plus anecdotes from the internet.
It all becomes clearer.
> You said they're favourable, not more favourable than e.g. in the UK. What's the average APR?
I said "better access to favorable rates", not that every person is getting good rates. For what it's worth I would say that any interest rate that's below the expected return on money in the SP500 is quite favorable.
> The only metric by which Mississipi is "richer" than France is GDP/GDP per capita.
Clearly untrue: it has higher household disposable income, almost certainly the most relevant statistic.
I really don't think you're sincerely interested in this topic, you just want to dunk on America.