As a European, it actually pains me to say this.

We love talking about innovation, green transition, and “strategic autonomy”. Our politicians fly to Davos, deliver virtuous speeches, and compete to be best in class on climate targets.

Yet when it actually matters, we consistently choose the safe, comfortable, and heavily regulated path over real competition.

Take nuclear power as an example. Several European countries were so eager to phase out fossil fuels that they not only shut down functioning nuclear plants — they demolished them. The result? Large parts of Europe now suffer from insufficient, expensive energy.

The same pattern repeats itself with the EU AI Act. Instead of racing to build the best artificial intelligence, Europe chose to regulate it heavily before it was even properly born.

Just like we did with American ETFs — superior products with lower fees and better liquidity that we simply banned or heavily restricted for European investors.

This is classic modern Europe:
We want the moral praise for being green and responsible.
But we also want the tax revenue and economic growth that comes from the old, “dirty” economy that actually funds it all.

It’s a perfect Catch-22.

We’re not losing because we’re less intelligent.
We’re losing because we’ve become too comfortable to compete — and too hypocritical to admit it.

I’m European. I want Europe to succeed.

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This is a new post on the new dewlar.me blog.
You can find the old blog here:https://mrsdewlar.blogspot.com

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