alt Hacker News> Economic growth or lack of thereof is absolutely irrelevant here
It absolutely is. Being right (and more so, being righteous) is expensive. When you cannot afford to put your money where your mouth is, everyone knows that sooner or later you cannot or will not follow through on your words. Europe hast lost ~30% of power vs. the US in just ~12 years.
> Europe hast lost ~30% of power vs. the US in just ~12 years.
[citation needed] mostly because I'm curious what kind of metric one uses to measure this.
From an economic standpoint, Europe stagnated behind the US coming out of the pandemic, but now it seems to be the US markets that are lagging Europe in the past year.
Militarily, my perception is that Europe is ramping up, not falling off.