Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
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The EU is really a social model focusing on borders, regulations etc. It's economic model is based on protectionism which never works well in the long term. German, the 'engine house' of EU industry seems to have lost it's mojo too. |
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"The EU is really a social model focusing on borders, regulations etc. It's economic model is based on protectionism which never works well in the long term. German, the 'engine house' of EU industry seems to have lost it's mojo too."
They have already passed some ridiculous AI regulations and killed off the AI industry in its buds. I expect them to become an economically irrelevant entity in a decade or two |
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"Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
"
Isn’t it funny how the Remoaners of this site are largely silent in this thread? |
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"Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
Isn’t it funny how the Remoaners of this site are largely silent in this thread? "
They are busy on the other thread where they are dreaming about getting back into the EU |
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The EU is a failing organisation. Even Micro Macron has said that it could die. Uncontrolled mass immigrations hasn’t helped. Funny how many of the larger countries are now trying to reverse that.
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It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly |
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"It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly"
A part of the reason is the ageing/shrinking population in the EU compared to Asian countries. But the EU have been shooting themselves in their foot for a while with their regulations.
One great way to tackle the population crisis is to innovate on technology which will improve output of the people. But they have already passed laws to kill AI use in EU. The EU politicians are doing this bullshit and telling people that they are fighting "those evil corporates". The people are cheering without knowing that it's the European start-ups which are being affected by these regulations. |
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"It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly
A part of the reason is the ageing/shrinking population in the EU compared to Asian countries. But the EU have been shooting themselves in their foot for a while with their regulations.
One great way to tackle the population crisis is to innovate on technology which will improve output of the people. But they have already passed laws to kill AI use in EU. The EU politicians are doing this bullshit and telling people that they are fighting "those evil corporates". The people are cheering without knowing that it's the European start-ups which are being affected by these regulations."
Yes I think over regulation is one of Macrons main gripes. He says they have no more than 4 years to change things or the EU is in trouble. |
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By *otMe66Man 4 hours ago
Terra Firma |
The EU is facing a troubling point in time, with political and social unrest at the local level driving member states toward protectionist measures.
The EU Commission champions free trade, that is coming under pressure from the bloc who want the introduction of protectionist policies as a response to their individual global trade tensions and domestic challenges.
It could be the beginning of the end for the EU in its present form.
That does offer opportunities to the UK though, every cloud  |
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