Comment by ifwinterco

15 hours ago

It's a classic example of how natural advantages and network effects can overcome mediocre to poor policymaking.

The UK has been run by blithering idiots for decades at this point, but London has survived so far

Maybe the UK has been run by blithering idiots but the business environment and regulations are still among the most attractive in Europe... not sure what that says about the other European countries.

  • In Germany you need 25k$ and 6-12 months to establish the equivalent of an LLC. This is because Germany hates limited liability. It would prefer you to operate as a sole trader with unlimited liability, and then not do things that generate liability. Needless to say, this is scary for programmers.

  • Indeed, I can't speak for how other European countries work but if the Labour/Conservative/Whitehall nomenklatura is producing better results than your political system, something is very very wrong