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Europe on Its Knees: The American Economy Surpasses the Old Continent by 50%

The European economy is in full turmoil. Once a global powerhouse, the Old Continent seems mired in a system incapable of competing with its American and Chinese counterparts. While the GDP of the United States soars, that of Europe stagnates. The numbers are compelling, but how did we get here? Between brain drain, bureaucratic heavy-handedness, and a lack of innovation, Europe seems to have missed the turn of the 21st century. Let’s decipher the causes of this decline.