Did you know? (Economy, Culture, and Finance)

America's Rise as a Gambling Nation (Get Rich or Die Trying Economy)

13 min · 9. jan. 2026
Billede af episoden America's Rise as a Gambling Nation (Get Rich or Die Trying Economy)

Beskrivelse

Did you know America is turning into a nation of degenerate gamblers? Not long ago, ruining your financial future took effort. You had to drive to a casino, and hand your cash to a stranger across the table. There was friction, a pause just long enough to think, “This is a bad idea.” Now there is no pause.

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Billede af episoden Why Europe Can’t Build Tech Giants

Why Europe Can’t Build Tech Giants

If you pull up a list of Europe’s most valuable companies, the names that rise to the top look very different from what you see in the United States. Louis Vuitton. Hermès. L’Oréal. Novo Nordisk. Luxury. Fashion. Perfume. Pharmaceuticals.  Not social media. Not AI labs. Not search engines. Not trillion-dollar software platforms. And for a lot of people, that feels strange. Because Europe is rich. Europe is educated. Europe is technologically advanced. It has some of the best universities in the world. Some of the best engineers. Some of the best designers. Some of the best scientists. So the obvious question is why: why isn't Europe dominating in some of the newest frontiers of technology? And why does Europe instead dominate the “old world” economy while the “new world” economy is overwhelmingly American and Chinese?

1. feb. 20269 min