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Very interesting. On a similar note, I'm fairly certain that the majority of my 2020 (net) income came from the UK, not the US. And now once again, you have me thinking of foreign translations. Hmmm... If only my books were shorter, I'd definitely give it a try.
I don't think I'd do it for long books. Translations are a hit or miss kind of a thing. So mathematically, it's not a good bet to invest at least $10k (if not more) for probably not even a 50% chance of making more than $10k over the next years. And you'd have to translate the entire series for it to make sense, increasing the risk even further.
I think the US market is pretty tough right now. Obviously, some people are doing great.
The only people I know who are doing great are hiring ghostwriters. That, plus perhaps some unicorns but I'm having doubts about their rankings (something is fishy there).
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