Fabian, I think you are spot on here. it is very hard to see how Europe overcomes their green obsession and is able to grow in any significant manner. their collective energy policy has been extremely detrimental to the economic activity across virtually every nation there.
This is simply highlighted by the Trump policies that are expected to be implemented, best described as drill, baby, drill, and the ongoing relative cheapness of energy in the US vs. Europe.
I have said it before and am becoming more convinced that Europe is set to become a historical tourist destination without any serious means of domestically driven business activity. kind of a living museum.
Fabian, I think you are spot on here. it is very hard to see how Europe overcomes their green obsession and is able to grow in any significant manner. their collective energy policy has been extremely detrimental to the economic activity across virtually every nation there.
This is simply highlighted by the Trump policies that are expected to be implemented, best described as drill, baby, drill, and the ongoing relative cheapness of energy in the US vs. Europe.
I have said it before and am becoming more convinced that Europe is set to become a historical tourist destination without any serious means of domestically driven business activity. kind of a living museum.