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Are they that much poorer? From what I gather, their system seems to be working. Happy people, less time at work, not super rich.
The poorest US states are similarly prosperous as the wealthiest European nations (not counting the weird little city states).
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Are they really? Maybe I need to change my perspective a bit.
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Take @TomK's posts to heart. Europe is in free fall.
We got used to thinking of Europe as a peer to America, but it's collapsed to around half the average standard of living.
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That is what I grew up thinking. Have the royal families screwed it up that much?
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