Comment by palata
2 days ago
> refuse to learn from falling behind the US economically
The EU economy has been slowing down since 2007, the peak production of conventional oil. The US is still producing oil, which is why the US economy is better.
People love to think that they are richer or more successful because they are smarter. The fact is that the economy goes up when there is an abundance of energy, period.
So there is nothing to learn from falling behind the US economically, other than "the EU needs to adapt to the reality of its economy measurably slowing down". And following the US and their lack of regulations and tendency towards a fascist economy (with BigTech working together with the ruling class) is not the right direction, IMO.
> I see a lot of pro-EU content on this site when they're terrible on both tech and entrepreneurship.
Tech and entrepreneurs usually want to become rich by producing more. The best places to do that are where the is money, which is where the economy grows, which is where there is an abundance of cheap fossil fuels.
Entrepreneurs usually say "remove the regulations and our economy will grow again", but what they mean, really, is "remove the regulations and I will get rich, because I am on the side of those who would benefit from it".
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