From https://nitter.poast.org/BenjaminNorton/status/1896881343986098509
Article quoted: https://finance.yahoo.com/news/redfin-report-minimum-wage-worker-130000610.html
Other source for the rent:
Given the current average minimum wage of $11.59 per hour across the Empire, and the median asking rent, this is true.
It also seems that Europe is becoming more and more independent from the U.S.A., with an increasingly lower salary in comparison, and an impossibly stable exchange rate. Americans are doing to Europe what we(sterners) have been doing to the global South.
Thanks for moving it to a more appropriate community.
If i may insist on the last point, even if it’s a bit late to expect an answer from anyone, i believe that this is a very significant shift(, no ?) https://x.com/BenjaminNorton/status/1830872489951662574
It’ll be much easier for americans to have a million dollar, and hence to buy shares in european companies(, to destroy the competition, steal its knowledge, …), ressources, services, patents, …
It’ll also become more and more advantageous for europeans to emigrate to the u.s.a. and send a part of their earnings back to their family in Europe.
Etc.