Europe is Taxing and Regulating Tech, Now It’s Lagging Behind in Innovation
Europe is falling behind North American and China in the tech sector. This is not by chance or bad luck, it is by design.
Europe is falling behind North American and China in the tech sector. This is not by chance or bad luck, it is by design.
It is clear that for the planet to keep up with a rapidly growing population, it is necessary to liberate the global economy.
The Chinese debt is overwhelming not simply because of the volume, but because the figure has quadrupled in seven years.
New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.
Many still to this day will not admit that the devastation witnessed in Venezuela is a problem inherent to socialism.
The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.
Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.