The Tech Industry Is Huge—and Europe’s Share of It Is Very Small
- Thread starter Hnomo
- Start date
@The truth seeker European union been wasting Euros on useless projects. Instead of reforming Western-European economies. They’re living off the capital earned by last generations innovations
There like 15 years late to the game
Europe is a place of comfort why work hard when you get the nanny state to take care of you there is no hustle culture
The population is rapidly aging average age is 45 vs US is 37 and all themes Arab immigrants they imported have been a net negative economically
Taxes of income and capital is high so it’s hard to raise funding for a start up while in the us VC firms just throw money at you
European Stock market valuation is low the two of the worlds biggest are in New York and that’s not recent considering the fact that European energy costs are extremely high
