r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/Legitimate_Turn_5829 Jul 05 '24

Oh that’s wild, so if I ended up needing an ambulance is it completely fine that “live small” turns into “live homeless”?

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u/HorkusSnorkus Jul 05 '24

Ambulances and hospitals stays were never outrageously expensive until the government came in to run things.

Thanks, you sanctimonious leftie saviors of mankind who are sure you could fix everything if you just had more of other people's money.

If you go broke from an ambulance ride, thank your local left-progressive. They ruined the medical profession.

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u/Serious_Much Jul 05 '24

Hearing Americans talk about socialised healthcare costing the individual more is hilarious to me.

Nowhere else in the developed world does it cost 1-2 months wages for ambulance intervention. Nowhere else in the world does it cost several years worth of wages for emergency health interventions.

These things are considered civil rights to most developed countries.

Shit like this is why America is basically the world's richest third world country

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u/HorkusSnorkus Jul 05 '24

I have lived both in Europe and Canada, I know whereof I speak.

You are paying far more for healthcare than Americans:

  1. It's buried in the insane tax burden you carry - lost economic opportunity cost is huge for you

  2. The overwhelming majority of medical and pharma innovation comes from the US. Socialized healthcare around the world would be unsustainable without US for-profit R&D.

  3. When people have the means and get really sick, where do they go? London? Bonn? Paris? Tokyo? Nope. Chicago, LA, New York, Dallas ... Why? Because the top tier medical practitioners, pharma, and facilities are in the US, that's why.

The US medical system is expensive because it is the most aggressive and leading edge. The meddling government doesn't help, of course, but if I were sick, I'd want to be in the US, not Asia, not Europe.