Birdwatch Archive

Birdwatch Note Rating

2024-08-14 10:33:13 UTC - HELPFUL

Rated by Participant: 8C8BEC40CF50002F792252D7D9D519947A653D2F8F3255459E2A33899BAFEB0D
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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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