Europe is in a borderline catastrophic economic situation. I wouldn't use them as an example, because it ultimately just illustrates my point more. Lots of people are aware of Europes excellent quaility of life, far far fewer (but thankfully including Euro leaders) are aware of the existential financial situation and forecasts.

Europe was supposed to have a vibrant tech scene and a globally competitive technology stack (go back 40 years). But it doesn't. It also doesn't really have a growing economy. Or much ability to defend itself. Or much ability to power itself. Or much ability to finance itself.

Europe has a very impressive social systems, absolutely, but it's important to recognize the incongruity between what these countries promise, what they will need, and what money they actually make.