De-industrialization of Europe?

Part of it is the European Union itself, which is a regulations boondoggle nightmare. Ventures here in the USA are way more profitable for me.

Quote by Chryses

There’s an interesting article in Compact magazine about the de-industrialization of Europe:

...

In 2008, the European Union’s economy was slightly larger than America’s; America’s economy in 2023 is one-third larger than those of the European Union and Britain combined, and 50 percent larger than that of the European Union without the United Kingdom. To put it differently, the eurozone’s economy has grown about 6 percent over the past 15 years, compared with 82 percent for the United States, according to data from the International Monetary Fund.

...

What is driving this difference?

Say thank you to California for that Chryses.

Quote by Magical_felix

Say thank you to California for that Chryses.

California has been very profitable for me.