Birdwatch Note Rating
2024-08-14 16:40:08 UTC - HELPFUL
Rated by Participant: 3CFD30C46F3E35917433D4FADAA5A604AB7E465ACED556B1BB427653B345E5EE
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Original Note:
GDP per capita of USA is 74k USD, and Euro zone is 56k. Almost 76%. https://tradingeconomics.com/country-list/gdp-per-capita-ppp?continent=world Trades holidays dominate Europe in August, with many countries shutting down for 2-3 weeks. This is a different cultural norm, with a more relaxed lifestyle generally, for which we lose 25% of GDP. https://www.economist.com/the-economist-explains/2017/08/25/why-europeans-slack-off-in-august
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