Since the corona lockdowns, the eurozone economy has also been noticeably slowing down on the global markets. Eurozone companies are losing market share to their Chinese competitors in particular, as the chart shows. Years of overregulation are noticeably slowing down. Eurozone companies are losing market share to Chinese competitors in particular, as the chart shows.
Years of over-regulation, energy costs that are pushing companies into a difficult competitive situation as a result of the sanctions policy and the sometimes erratic energy policy of the Germans are also contributing to this. In addition, as the eurozone's welfare state grows, private capital, private business initiatives and the private sector in general are increasingly being squeezed out. This crowding out will not be reversible any time soon, as investment decisions have been made that are irreversible for the time being.
Over-regulation, socialism, the culture of the welfare state, and having open borders for everyone is leading us to ruin, Europe is just an old glory, it's sad to say, but it is what it is, I am not proud to be European right now.
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The Eurozone needs a return to free market capitalism, low taxes and incentives to attract business investment.
At the end of the day, with all the regulation and red tape - who would open up a business in the Eurozone?
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I did it 4 times. Gives You an idea of bureaucratic hell
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What's y-axis unit?
It doesn't look so dramatic in this chart
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this corresponds to the indexation in 2010 as the initial basis for comparison.
Your chart shows the global trading volume, so it cannot reflect this differentiation
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It's like how a huge earthquake shifts the whole system toward equilibrium by breaking a bunch of points of tension.
In Europe's case, people shifted away from their exports en masse and never switched back, because they were already trending that way.
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