@taskmaster4450le's thread
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@taskmaster4450le
ยท 2Y agoNo. The system is designed and built upon regulation. Everything is stifled there. There is no culture for success ala a Silicon Valley where innovation reigns.
It is the woe if a communist system. When the government is heavily involved, which the EU (as are national governments), it is curtains on innovation. It is really that simple.
China, has the CCP but they are innovation (along with stealing tech). Of course, that could change too since they are throwing the likes of Jack Ma in jail.
However, you only need to look at the Chinese automakers compared to the European (mostly German) to see how the latter is getting its ass kicked.
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