The US health system is incredibly inefficient and more than imposes additional cost upon citizens (not to mention massive inequities) compared to Europes collectively funded public health systems.

The real problem with both US and EU is that Chinas mixed mercantile economy has rendered them un-competitive in manufacturing and dependent upon Chinese manufactured goods.

China now dominates both manufacturing and commodity markets globally and enjoys trillion dollar trade surpluses because it makes the things other people want and need and makes them more efficiently than anyone else can.