Comments by "Snack Plissken" (@snackplissken8192) on "Why Can't Europe Compete with the USA and China? @visualeconomiken" video.

  1. Europe has babied their industries into uncompetitiveness with protectionist regulations since the end of WWII. Europe won't let the Americans compete with their native industries on an even field, so European companies can't compete with any free markets. The only way this will change is if Europe is willing to let their sub-par companies do bankrupt and provide a more favorable infrastructural and regulatory environment for new companies to replace them. But no government (including in America, Japan, or Korea) would willingly ever let a large company with many workers and lobbyists go bankrupt just because they waste the nation's resources being mediocre. Europe won't change until the cost of their broken system finally exceeds the cost of fixing it, and by then they will be generations behind.
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