> Would it though? From what I understand EU has way better social safety nets, yet much smaller entrepreneurship rates compared to USA. Try firing an employee

> Would it though? From what I understand EU has way better social safety nets, yet much smaller entrepreneurship rates compared to USA. Try firing an employee in France. It's a two year process minimum and in the end a judge might rule you can't do it. Also the regulatory landscape in the EU imposes such a high burden on entrepreneurs. Coupled with investors being way more conservatives.