The financial market crisis of 2008 quickly translated into a sovereign debt crisis in the EU, exposing the weaknesses of the monetary union of different economies and the decentralization of political power. The EU has been going downhill ever since, as the EU's response to the problems caused by centralization and regulation has always been the same: more regulation, more centralization.

Comparing what has happened since 2008 with the US, it is striking that despite similar problems, a debt crisis, interventionism through statist policies, the US economy has managed to leave the Europeans in the dust. Its system is resilient in fending off attacks by the state and protecting the spirit of entrepreneurship. As a result, it has succeeded in turning productivity gains into prosperity, while in the EU only one sector continues to grow: the state economy and the sprawling welfare state.

Europeans should now watch out for what happens if the new US government succeeds in rolling back the state and allowing more private enterprise. The USA could be the dry sponge that soaks up mobile capital from all over the world and in this way holds the torch of freedom high. Let us hope, for the sake of Europeans, that America can once again become a haven of freedom and a sovereign citizenry.

Let's leave the losers to their naive substitute belief in the god 'state' that pretends to feed them but in reality plunders them to the bone.

At the same time, the arrival of Bitcoin in the economic psyche of the United States, its integration into the financial system and the savings plans of citizens offers a unique opportunity to return to freedom and sovereignty. The fact that it was once again German politicians, of all people, who sold the coins stolen by the state a few months ago at the lowest price again is indicative of the intellectual crisis of the old continent, in which a bureaucracy decoupled from reality is leading the reigns of power. This cannot go on.