Why is Europe losing the productivity race?(diplomaticourier.com)
diplomaticourier.com
Why is Europe losing the productivity race?
https://www.diplomaticourier.com/posts/why-is-europe-losing-the-productivity-race
3 comments
Europe lost its edge due to higher manufacturing costs in the form of more expensive energy since 2022.
Europe is no longer competitive in export markets. It is de-industrialising at a fast rate. No sales = no production = no money.
Europe is no longer competitive in export markets. It is de-industrialising at a fast rate. No sales = no production = no money.
Capitalism is a religion in the US and coerces the system into higher productivity at any spiritual cost.
Food deserts, homelessness crisis, opioid epidemic, high prison populations, piss bottle couriers, Trump, etc.
Also: unified market, single language, lower average age, unlimited space, higher natural resource consumption.
Food deserts, homelessness crisis, opioid epidemic, high prison populations, piss bottle couriers, Trump, etc.
Also: unified market, single language, lower average age, unlimited space, higher natural resource consumption.
Whatever M. Draghi, or whoever else will propose will certainly not be anything that has a chance to relief the complete politic-economic paralysis that the EU is under (as the article self-servingly addresses)