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The Wiki Man

Why the young are fleeing to Portugal

26 October 2024

9:00 AM

26 October 2024

9:00 AM

The legendary music producer Rick Rubin once asked me why I had never moved to the United States. The answer, I think, comes down to an important trade-off: quantity of earnings vs quality of consumption.

Historically, once you had a job, there was a limit to the lifestyle choices you could make

Whereas the United States is certainly a better place to earn and accumulate money, Europe is, on balance, still a better place to spend it.

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