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In term of economic growth and innovation everyone has been saying that for many years now. Specifically, Europe's economy stalled in 2008, with the financial c
by mytailorisrich 2y ago
In term of economic growth and innovation everyone has been saying that for many years now. Specifically, Europe's economy stalled in 2008, with the financial crisis, and never recovered.
Perhaps we're simply seeing reality catching up because others, especially US and China, have kept growing and innovating. So now we're poor compared to the US (80% GDP gap) and Chinese products are not so behind anymore (Article: "Chinese carmakers, once mocked by Western auto executives as primitive, have turned into formidable rivals, gobbling up market share in and outside China.")...
- mnky9800n 2y agoI guess I’m only pointing out that American rhetoric like the Wall Street journal is pushing American rhetoric. I’m in full agreement that Europe needs to get its act together and stop being layabouts if they want to compete and not simply become a Russian asset. I live in Europe. I would prefer if there was more resources for innovation here like in America.