Here Are 5 Uncomfortable Facts Showing How Bad Europe is compared to America:
Mississippi, which is the poorest state in the entire country is now wealthier than Europe’s top economies – Wealthier than the UK, Italy, France, Germany and Spain.
European spending power is collapsing. Disposable income for the average American is now 80% higher than UK or French citizens, and 50% higher than German citizens.
European counties have stagnated. Nvidia alone is worth more than Germany, France and UK stock markets combined. In a fun and zippy twist, NVIDIA is worth more than the entire Canadian economy. Europe has the lowest fertility rate of any continent.
Using the current trajectory Europe will cease to exist in 100 years due to the failing fertility rate.
Europe is not competitive in anything related to high tech. Not blockchain, crypto, robotics, AI, space technology or drones. Absolutely nothing.
So, when Europeans say that the United States thinks we’re better than they are, they’re right. We do.