Could you elaborate on your Britain/Mississippi numbers? Perplexity sez:
Mississippi
• Total GDP: Mississippi’s GDP is approximately $146 billion, comparable to the economy of Morocco.
• GDP per Capita: In Q3 2024, Mississippi’s GDP per capita was $53,872 (€49,780), which is higher than most European countries except Germany and a few other…
Could you elaborate on your Britain/Mississippi numbers? Perplexity sez:
Mississippi
• Total GDP: Mississippi’s GDP is approximately $146 billion, comparable to the economy of Morocco.
• GDP per Capita: In Q3 2024, Mississippi’s GDP per capita was $53,872 (€49,780), which is higher than most European countries except Germany and a few others.
England (as part of the UK)
• Total GDP: The UK’s total GDP in 2024 was estimated at around $3.7 trillion, with England contributing the majority due to its size and economic activity.
• GDP per Capita: The UK’s GDP per capita in 2024 was approximately $51,000 (€48,441), slightly lower than Mississippi’s.
We are lapping Europe due to our risk taking culture, ability to attract best talent via brain drain, and the venture capital model.
In 2004 France's GDP Per cap was 80% of USA. Today it's 55%. That 25% drop is about median for European countries. Tax havens like Ireland and Switzerland are keeping pace. Others are falling behind drastically. Turns out that the famed American work ethic actually yields direct economic advantage. Who knew that working hard could yield more?
Could you elaborate on your Britain/Mississippi numbers? Perplexity sez:
Mississippi
• Total GDP: Mississippi’s GDP is approximately $146 billion, comparable to the economy of Morocco.
• GDP per Capita: In Q3 2024, Mississippi’s GDP per capita was $53,872 (€49,780), which is higher than most European countries except Germany and a few others.
England (as part of the UK)
• Total GDP: The UK’s total GDP in 2024 was estimated at around $3.7 trillion, with England contributing the majority due to its size and economic activity.
• GDP per Capita: The UK’s GDP per capita in 2024 was approximately $51,000 (€48,441), slightly lower than Mississippi’s.
I’m going off an article in Euronews:
https://www.euronews.com/business/2025/01/03/the-poorest-us-state-rivals-germany-gdp-per-capita-in-the-us-and-europe
Europeans do comparatively better if you adjust for purchasing power. Overall, though, Europe’s per capita PPP is still about 3/4 of the US.
We are lapping Europe due to our risk taking culture, ability to attract best talent via brain drain, and the venture capital model.
In 2004 France's GDP Per cap was 80% of USA. Today it's 55%. That 25% drop is about median for European countries. Tax havens like Ireland and Switzerland are keeping pace. Others are falling behind drastically. Turns out that the famed American work ethic actually yields direct economic advantage. Who knew that working hard could yield more?