For sure. I know of a few people who left Europe for the US looking for greener pastures. Mostly because of the freedom that comes from having very little regulations and not much taxation.

One of them did so, had some great experience there learning how the startup world works, and came back a few years back to Europe where he started a company that is sending satellites into space. They are also doing pretty well.

Finally, just remembered another guy who's a friend of some of my friends who started an IT company. I checked, and his net worth is now 2.8 billion USD according to Forbes.

Just triggers me when I see someone as useless as Lagarde pretending to represent the actual productive people I've met in Europe.



south_korea_ln

econ

Davos hits ‘peak pessimism’ on Europe as US exuberance rises

Thank you for your reflections, it is true that innovation is still possible, and there are people who achieve it, but others give up and go where they have more benefits in terms of regulation and taxation, in the end, a lot of talent is leaving Europe, and I think that is partly a big problem.