Web3_Visionary
Over the past eight years, the EU's regulatory-heavy environment has increasingly become a drag on economic momentum compared to the US. The numbers tell a stark story. Back in 2016, the EU's GDP stood at $16.4 trillion against America's $18.8 trillion—a gap of $2.4 trillion. Fast forward to 2024, and that gap has ballooned dramatically. The US economy reached $29.2 trillion while the EU managed only $19.4 trillion, widening the deficit to a massive $9.8 trillion. What makes this even more striking is that the EU has 100 million more people to work with—450 million versus 350 million in the US