[carlosjobim]

It's amazing. Meanwhile your fellow Europeans wouldn't trust to lend you their power drill for a weekend, even if you've known each other for 30 years.

My European business banks have never offered any kind of line of credit. Of course they probably would if I needed, and went there to grovel and prostrate myself. In contrast, my American business bank just sends unprompted e-mails sometimes asking if I would like to borrow a bunch of money.

American trust is based on rationality and intuition, while European trust is based on rules and authority. That's why business can flourish much more in the USA.

[beAbU]

> That's why business can flourish much more in the USA.

And look where that's gotten you.

[carlosjobim]

Indeed!

[fransje26]

> In contrast, my American business bank just sends unprompted e-mails sometimes asking if I would like to borrow a bunch of money.

> American trust is based on rationality and intuition

Just remind us where the 2008 subprime crisis started again?

[beAbU]

Nah, more like the money is lent out because it's so profitable to exploit americans addicted to debt.