As the World Cup continues along, the historic victory of the U.S. over Europe becomes ever clearer.

It's 2026, and we can now confirm that the U.S. defeated the Nazis and then went on to defeat its former allies, the USSR and Western Europe. The USSR went down in flames during the reign of Gorbachev, and we now see how lost the Europeans are in comparison to their hillbilly/cowboy cousins in America.

In 2008, both the American and European GDPs were around $14 trillion. In 2026, the U.S. GDP is $31.8 trillion compared to Europe’s $22.5 trillion. GDP per capita in the U.S. is $93,000 compared to Europe’s $43,000. How did America run away from Europe in less than two decades? The answer is entrepreneurship. Europe not only does not promote an environment of startup formation and VC funding, but it actively tries to punish successful American companies by taxing or fining them for violating draconian speech rules. The European Union took in last year $3.8 billion from U.S. tech giants in fines versus $3.2 billion in taxes from publicly listed European tech firms. The first number does not take into account taxes that subsidiaries of American firms pay to their European hosts. Look at artificial intelligence (AI). China and the U.S. are throwing enormous amounts of money in order to dominate the field. Little Israel is also trying to stay relevant and is investing in brainpower as it can. But what of Europe? Does anyone ever mention Europe or any European firms when AI is the subject? Not that I know of. Yet, they have top-flight universities in England and France. They have young students who could be leaders in the various branches of AI research and development. But they don’t have the ethos. Their tax system and lack of support for a startup culture give zero incentive to develop a farm team of local companies. That is the reason why Europe is rarely mentioned in tech; they use it, but they don’t make it.

How bad are........

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