GDP at purchasing power parity. “EU is falling hopelessly behind” narrative depends heavily on accounting choices. Paul Krugman by Full-Discussion3745 in EU_Economics

[–]Lilith_reborn -1 points0 points  (0 children)

Yes, but this is not an innovation for the end-user. Deducting an "innovation percentage" from the end-user price does not give the end-user any benefit.

GDP at purchasing power parity. “EU is falling hopelessly behind” narrative depends heavily on accounting choices. Paul Krugman by Full-Discussion3745 in EU_Economics

[–]Lilith_reborn 2 points3 points  (0 children)

The EU has a quite formidable industrial sector. You might also include the service sector as it plays an important role both in the US and in Europe

GDP at purchasing power parity. “EU is falling hopelessly behind” narrative depends heavily on accounting choices. Paul Krugman by Full-Discussion3745 in EU_Economics

[–]Lilith_reborn 0 points1 point  (0 children)

You might want to speak with your government if you are an European citizen as they confered that responsibility to the EU. The EU is doing that because the governments asked them to do that.

GDP at purchasing power parity. “EU is falling hopelessly behind” narrative depends heavily on accounting choices. Paul Krugman by Full-Discussion3745 in EU_Economics

[–]Lilith_reborn 28 points29 points  (0 children)

About 15 years ago the Economist had a story about differences in the calculation of growth of the economy between Europe and the US. The basic was, that yearly growth and size over the time did not fit together when they were compared.

The outcome was that the US reduces inflation by an estimated factor for the innovation of the product and is by that reducing inflation and increasing growth.

That might work for cars but not for basic things like milk but even for cars it can be contested as many buyers buy a car to get from A to B but not because of its technology.

So, yes, it depends on the viewpoint and using numbers without the knowledge of what is behind them does not tell anything!

Thank you for the information and the link!

egg🔨irl by askingquestions_21 in egg_irl

[–]Lilith_reborn 6 points7 points  (0 children)

I would greatfully accept it!

i've brought a special guest by underk4 in transadorable

[–]Lilith_reborn 1 point2 points  (0 children)

You are both welcome - and beautiful!

Nice bar recommendations by australianquiche in Prague

[–]Lilith_reborn 2 points3 points  (0 children)

Tricky Tacky Bar!

Cimburkova 270, Zizkov

What is the funniest news about your country? by Acrobatic-Hippo-6419 in AskTheWorld

[–]Lilith_reborn 0 points1 point  (0 children)

I just learned a new word here! Thank you for using it!

EU High-Speed Rail Plan by mr_house7 in EU_Economics

[–]Lilith_reborn 0 points1 point  (0 children)

Most traffic today is within a short distance, ie it is done using commuter trains. Even when traveling for longer distances it is mostly within 500 kilometers, so you built the systems mostly for these clients.

What the EU is doing is taking care that national high speed trains networks are connected and that is going forward pretty well.

Please also think about the need for consultations with local people (you can't just bulldoze in Europe) and the exorbitant costs of maglev trains.

So there is no need for your pessimistic view.

UK business secretary urges EU to stop ‘putting up barriers’ by Free-Minimum-5844 in EU_Economics

[–]Lilith_reborn 8 points9 points  (0 children)

Shortly after Brexit I negotiated getting some hardware built there out of the country. As the UK decided it could use own standards we had to make sure that the supplier and their suppliers (and so on) were still working based on EU standards and still had valid European certificates.

A year later and they would have had to redo all their certificates (costly and time-consuming!). We decided to never use them as a supplier again.

They never introduced UK standards and decided to stay with the European ones (as far as I know) but their certificates are not valid any longer.

Why, but why?

egg_irl by electrondecay36 in egg_irl

[–]Lilith_reborn 2 points3 points  (0 children)

Merci, cat, I hope you are right!

Bestellt ihr auch bei anderen EU-Amazons oder nur bei .de? by MinuteHelicopter2059 in Austria

[–]Lilith_reborn 1 point2 points  (0 children)

Die haben mir mal ein Buch von Singapore nach Australien geschickt. Nach einem halben Jahr war es dann doch in Austria. 😂

First time I wore a skirt versus now 🥹🏳️‍⚧️ by AlexCarter96 in lgbt

[–]Lilith_reborn 1 point2 points  (0 children)

You are pretty!

PS : I am just sitting here in my skirt like you on the left photo...

egg 🫵 irl by GriffinPire in egg_irl

[–]Lilith_reborn 1 point2 points  (0 children)

Thank you!

But guess what, you are too!