If you’re incapable of utilising the massive amount of capital residing in the USA, then I assume you’re an imbecile.

The country is a tax haven. Vast amount of opportunities.

Do I like my country more? Of course I do, but god damn I’m getting sick and tired of all these Americans thinking their country is bad.

You’re with 230 million adults in a country the size of Europe. Of course it’s gonna be spread out.

Median net wealth in the EU is lower than in USA (77k Vs 112k USD). PPP it’s about the same.

Europe’s for people who prefer stability. USA is for people that prefer volatile growth and crashes.

Good luck with that

Then sadly you’ll be removed from the private property because the people living there are more than capable to snap your neck with brute force. 🤗

Think the market value is about 700k euros. Let’s go to notary

You really need a safe space in order to think the vast majority of the English speakers don’t hate tankies

Communism only seems to work when you just re-name capitalism with the word communism, as china did after Mao’s era was done with 🙈

Ouchie

Mao Zedong’s leadership significantly impacted China’s economy through several major initiatives and policies. Here are some key points:

1. Great Leap Forward (1958-1962): This was a radical economic and social campaign aimed at rapidly transforming China from an agrarian society into an industrialized one. The initiative involved the collectivization of agriculture and the establishment of people’s communes. However, it resulted in a catastrophic failure, leading to widespread famine and an estimated 15 to 55 million deaths due to starvation, execution, torture, forced labor, and suicide.

2. Economic Mismanagement: The Great Leap Forward was characterized by unrealistic targets and poor planning. The focus on increasing steel production through backyard furnaces and other inefficient methods diverted resources away from agriculture, exacerbating the famine.

3. Cultural Revolution (1966-1976): This period was marked by political instability and economic chaos. The Cultural Revolution aimed to preserve Chinese Communism by purging remnants of capitalist and traditional elements from Chinese society and to re-impose Maoist thought as the dominant ideology within the Party. The revolution however resulted in significant economic disruption and a decline in the capacity of the government to deliver goods and services.

4. Legacy and Transition: After Mao’s death in 1976, China began to transition away from his policies. The post-Mao era saw the introduction of economic reforms and a shift towards a more market-oriented economy, which led to rapid economic growth and development.

Overall, Mao’s policies had a profound and often detrimental impact on China’s economy, leading to significant setbacks and human suffering. The post-Mao reforms were crucial in reversing these effects and setting China on a path of economic growth.

Just buy good value at low price. This rule has always applied.

If they raise their price, welcome an alternative

Aight you’re right, in this case there’s no capital inflow. Franchisees will stop using American branding if it doesn’t bring them customers

So from a bit of research. The place is owned by Carl Goris. Someone living in Brussels. 99,5% of burger Kings worldwide are owned by franchisees.

So about 6 to 10% of the revenue goes to USA.

It’s up to you to decide if you think boycotting 90 to 94% local revenue to hinder 6 to 10% USA revenue is worth it.

Money coming inside of Belgium is a good thing. It funds development. This building has a renter. Aunt Marie burgers and frites’ money is being used elsewhere in the country for other development.

The pie got larger.

China became relevant because of foreign capital. Nothing else.

We should motivate foreigners to pour their capital into Europe.

For example this place: they have to rent this area in the center of the capital. That’s not cheap for them. There’s plenty of employees inside the restaurant.

Hmmmmm, we don’t really aim at having them pay corporate taxes. They invest their capital, which increases the labour’s value here. The higher wages cause for more labour taxes or consumption taxes. Hence our tax revenue increases.

If they do transfer pricing, they would have to be insane to send it to USA. They’d rather send it to tax havens.

The EU does their effort to counter transfer pricing.

Even if it fails, their capital investment causes our country to gain profit.

I’m still going to eat burger king, it still has Belgians being employed there and our minimum wage is quite high. The food is good so I support it.

It’s American owned, but the business I eat at pays Belgian taxes, Belgian wages, invested in Belgian real estate, …

I support that.

It’s not the same as importing USA goods and services produced within their country.

I highly advice you people to reconsider your purchases when it’s based on buying imported goods Vs foreign owned locally produced goods/services.

It’s not the same thing. We WANT foreigners to pour their capital into our areas. That’s good for us. Just trust me on this one.

Europeanism, it’s not one nation.

Which is fine. Europe is a world leader on globalism. Our -ism is about being proud of that.

Yeah, well, then polarisation will be the result. When every area censors opposition

In my case it would be the EU.

Lemmy shows that we can’t just give randoms the ability to be authoritarians. We need a government that forces these people to not censor.

You want prestige? https://www.dusseldorpbmw.nl/aanbod/bmw-3-serie-nieuw-340i-xdrive-36389133

Apple preys on young people who think their one month wage buys them prestige.

I have Chinese tax payers fund my phone while you have the American tax payers fund apple’s pockets while you fill their pockets on top of it.

We are not the same

Apple users think they are buying prestige, but they are just seen as gullible