Higher taxes, unaffordable housing, evaporating export-based economies, reduced tourism, higher wages make manufacturing anything unaffordable causing many European businesses to close and move abroad, think a combination outsourcing and insourcing, worse than America, and France and Germany can't hold up the rest of the EU collapsing economies forever, no can wine or spirits or cheese sales alone support long term advanced socialist spending debacle governments racking up debt like a drunk gambler on a bender in Los Vegas, the EU doomed to fall apart, because what made it special in 1700s has devolved into a bunch of hyper liberal hand out states that cannot support such lavish social program spending long term, meaning they are doomed to run out of money, and raising more taxes the liberal approach only further slows the economy, a broken formula, meaning the future of most European countries looks bleak, outside of Norway and Germany, the UK in particular looks like an unfolding disaster of cringy regulations on farmers, see Jeremy Clarkson's Farm videos for examples, even my wife & traveled to England and noticed just outside of London the surrounding metro area rife with crime and social decay of every kind.
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