Birdwatch Note Rating
2024-08-13 23:06:27 UTC - HELPFUL
Rated by Participant: 51CA0F73500605E0A873991E86C5D35428FF0DA9F3DA76E01BDEC10ED62486AB
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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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