Even those companies are struggling nowadays with quality of goods made in China improving extremely fast.
> For some reason, every time Europe is mentioned, there is always a comment about how Europe is struggling but when you look at the quality of life, happiness or life expectancy, all those numbers are higher than the US.
But quality of life in Europe is decreasing fast. Pension is becoming unsustainable. Govts are going bankrupt. Infrastructure is collapsing. People correctly see that Europe as a whole will fall behind in some years unless things change
And millionaires and billionaires become more and more.
The problem isn’t money but the distribution.
Volkswagen payed 4.5 billion in dividends in 2024
Govts are going bankrupt
No they aren't
Infrastructure is collapsing
No it isn't