Rich countries can afford to overpay for things.
Sentiment: NEGATIVE
If the country's poorer, it's got less money.
Aren't we all striving to be overpaid for what we do?
Every country has it trade offs.
There are rich people everywhere, and yet they don't contribute to the growth of their countries.
The boom for luxury goods is unending. There are people who never have to worry about whether they can afford something they like. In one part of the world or another there will always be someone with money to spend on luxury.
The United States prides itself on being the richest country in the world. Yet we can't balance the budget, pay for education, or take care of the aged and infirm.
A huge segment of the country has always felt overtaxed. In 1938, when taxes were roughly 17% of income, a 'Fortune' survey found that nearly half of all Americans thought they paid too much relative to what they got in return.
True generosity is too frequently eaten up by prosperity and riches.
It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.
The world has a great deal more to offer than money.
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