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Selling status to Americans and Chinese who have contribute actual productive industries is hardly an achievement


Selling medicines, and biotech is quite a productive industry where European companies are leaders. The same for high-precision machinery used by the "actual productive industries" that depend on European machines to be able to even have factories with assembly lines, chemical reactors, etc.

It's almost like people taking these jabs don't understand comparative advantages, and are also blind to the economical output of Europe in general...


Very few people understand comparative advantage.

Almost every conversation i have about international trade with anyone without some sort of economics background illustrates this.




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