Rules?
The more regulations that are imposed on an economy, the less people earn in that country. That is what this graph shows.
The more freedom there is in trade and economic activity, the more people earn.
This shows how Europe is lagging behind America and Asia because of the massive regulation burden there is on the European economies.
Luxemburg is the execption, but it has always been known as a country that had very little financial regulation.
Let’s hope Europe learns from this and deregulates fastly!
Sincerely,
Pele23
Posted Using INLEO