Comment by tormeh
4 years ago
Europeans are a lot worse at capitalism, in general, than Americans. Partly because we're not required to be. Western Europeans are more or less born into a massive insurance scheme that will bail you out whenever the going gets tough. This is mostly good, IMO, but not without cost.
What insurance scheme exactly?
Public housing is a nightmare in all of Europe, and being homeless is as much a risk as in the US.