Europe’s Sunset? The Comfort Trap That’s Quietly Killing the Continent’s Global Future

Europe’s Sunset? The Comfort Trap That’s Quietly Killing the Continent’s Global Future
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Europe Is Losing Its Global Edge .This is the title of the latest Wall Street Journal article, which examines Europe’s economic and military lag in comparison to the United States and China.
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Key points highlighted in the piece include:
An aging population,
High energy costs across the continent,
Complex regulations and heavy taxation,
Resistance to structural reforms.
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Despite these challenges, Europeans still enjoy a relatively high quality of life. However, unless bold steps are taken to correct the deficits and mistakes, Europe risks losing its competitive edge in the fast-paced global race.
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Its long-held advantages could vanish, and the sun of its past successes may finally set.