Your analysis was poignant and I often use your graphs to alert people to the reality of European decline. Most people here aren’t even aware of the Draghi report and the visuals are a nice shortcut to the necessary emotional punch. The verbose emptiness of Mr. Habeck’s replies is shocking and I wish he were the only inept politician in charge of a European economy, but we look in vain for inspiration in this field.. People who don‘t understand economics should never be in government and certainly never be in charge of economic development anywhere.
Most EU countries have HORRIBLE tax law relative to private company equity/stock. Getting equity to be culturally accepted as compensation is hard enough with good tax structure, but with the need to pay cash on illiquid startup equity (looking at you Italy) it's impossible.
You write, "I wish I found more grounds for optimism in his thoughts on the subject."
Surround yourself with optimists, and you’ll find that optimism lingers long into the future. Optimism fuels productivity, innovation, and progress, shaping not just personal success but the destiny of nations. My own journey has shown me that optimism is not just a fleeting feeling; it is a guiding principle that empowers us to face challenges, embrace change, and create a better future. https://www.centreforoptimism.com/blog/lingers
Your analysis was poignant and I often use your graphs to alert people to the reality of European decline. Most people here aren’t even aware of the Draghi report and the visuals are a nice shortcut to the necessary emotional punch. The verbose emptiness of Mr. Habeck’s replies is shocking and I wish he were the only inept politician in charge of a European economy, but we look in vain for inspiration in this field.. People who don‘t understand economics should never be in government and certainly never be in charge of economic development anywhere.
Most EU countries have HORRIBLE tax law relative to private company equity/stock. Getting equity to be culturally accepted as compensation is hard enough with good tax structure, but with the need to pay cash on illiquid startup equity (looking at you Italy) it's impossible.
You write, "I wish I found more grounds for optimism in his thoughts on the subject."
Surround yourself with optimists, and you’ll find that optimism lingers long into the future. Optimism fuels productivity, innovation, and progress, shaping not just personal success but the destiny of nations. My own journey has shown me that optimism is not just a fleeting feeling; it is a guiding principle that empowers us to face challenges, embrace change, and create a better future. https://www.centreforoptimism.com/blog/lingers
I was hoping things were beginning to change in Europe as they see the successes in the US and China, but based on your analysis, it seems like recent fanfare is mostly talk and not much action. https://www.politico.eu/article/eu-ai-mantra-action-summit-artificial-intelligence-europe-tech-economy-founders/