Telling graph
This graph here below shows all the companies younger than 50 years old worth more than 10 billion dollars in the EU and the US. The contrast is incredible and it has its reasons.
Once a company becomes big in Europe the European Union drops regulations on it, and that slows the growth down significantly. But the entire infrastructure in the European Union isn’t built to promote innovation and entrepreneurship, while the infrastructure in the US is completely built for innovation and promotion of building new businesses…
And then you get such differences…
Let’s hope the wake up call Donald Trump has given the EU will create an environment that promotes and rewards risk taking in the EU!
Sincerely,
Pele23
Posted Using INLEO