Wow it’s so refreshing to know that other people can see this.
There is simply not enough private capital investment in Europe. The public money is inevitably passed through academic hands or other public sector bureaucrats. And it is simply an ineffective way to allocate capital. The money should be returned to private hands where it belongs and those individuals should be the ones to decide how to invest their own capital.
Why do so few Europeans get this? It’s like they just can’t stand the idea of a wealthy person investing their own money.
There is simply not enough private capital investment in Europe. The public money is inevitably passed through academic hands or other public sector bureaucrats. And it is simply an ineffective way to allocate capital. The money should be returned to private hands where it belongs and those individuals should be the ones to decide how to invest their own capital.
Why do so few Europeans get this? It’s like they just can’t stand the idea of a wealthy person investing their own money.