Europe is lagging behind

Europe is lagging behind. This should not surprise anyone. I checked the world's top 100 richest brands and we are presented with a sad picture of reality. In the top 20 - 1 European brand. Top 30: still 1 brand and the same brand. Revival in the top 40 brands: Along with that alone brand, there are already 4 European brands. And in the top 50 brands we have two more European brands and out of the richest 50 brands there are only 6 European brands. Summing up the top 100, we only have 20 European brands. Tragedy.

Europe is a big loser, especially since 14 of those 20 brands have fallen from higher places. Personally, I don't think it will improve, it will continue to get worse.

What is the reason why Europe is backing down? In my personal opinion, everything would indicate that the culprit is that we do not move forward. In business, they say that when you sit still, you actually go backwards. We are becoming less and less innovative, and all innovative companies are immediately sold to American and Asian companies. We shut ourselves down to innovations like cryptocurrencies, the European Union is concerned about ideologies, not the economy, we wasted money that was going to serve development and officials are overeating it.

Europe is afraid of China, which as the world's largest exporter has shown that when China has a crisis, everyone has a crisis. This is all the fault of many manufacturing companies moving to China. It was us who gave China technology and jobs, and now we are suffering. Temporary benefits, such as it is cheaper, because China caused that we cannot live without it today.

How can Europe be saved? First, get politicians to deal with the economy, not ideological warfare. Transfer at least part of the production from Asian countries to Europe. Do not allow the United States and China to buy new technologies so easily. Do not allow officials to consume money that was supposed to help our development. Address European problems, not those of other countries.

Europe, it's time to wake up! If we don't wake up, even Africa will catch up with us, faster than we expect.