CAVOK@lemmy.world to Europe@feddit.orgEnglish · 1 month agoEconomist explains why Europeans are getting poorer... and happier.youtu.beexternal-linkmessage-square28fedilinkarrow-up139arrow-down17file-text
arrow-up132arrow-down1external-linkEconomist explains why Europeans are getting poorer... and happier.youtu.beCAVOK@lemmy.world to Europe@feddit.orgEnglish · 1 month agomessage-square28fedilinkfile-text
minus-squaredrspod@lemmy.mllinkfedilinkEnglisharrow-up47·1 month agoTLDW: GDP is not a good metric on its own for comparing wealth, you need to account for purchasing power of the currency (PPP).
TLDW: GDP is not a good metric on its own for comparing wealth, you need to account for purchasing power of the currency (PPP).