Re: The EU in 50 years...
I'm somewhat handicapped by there not being an English version of the report online ("Under construction"). So I only have the article to work from.
However, I would bet money that nowhere in the report does the idea come up that the economic and social system selected by the European Union has anything to do with their economic problems.
The second [problem] involves technological progress and capital accumulation. In these areas, according to the reference scenario, North America "continues to suck in a good part of the world's savings," while Europe depends on "savings and domestic investment" for capital. North America remains "the locus of innovative activity," the projection says, even though Europe will make gains in productivity, cutting the size of its lag behind the leaders.
Why is this so? Do they say? Why does world investment pour into America? Do they even know?
While I don't think the Muslims will take over, there is an excellent change the socialists will.
If Europe really wants to succeed, the first thing they need to do is kick the socialist bureaucrats out of the EU political structure. And soon.
