Reminds me of this article. Everyone knows that Europeans could compete, and the world stage would welcome it, but they have put themselves into a bind where taking back any social service or loosening regulation and allowing markets to operate would take their air of superiority over stupid Americans and they would rather kill off any chance at becoming world technology players than that. Also it is just political and cultural suicide, ask Paris right now.
Reminds me of this article. Everyone knows that Europeans could compete, and the world stage would welcome it, but they have put themselves into a bind where taking back any social service or loosening regulation and allowing markets to operate would take their air of superiority over stupid Americans and they would rather kill off any chance at becoming world technology players than that. Also it is just political and cultural suicide, ask Paris right now.