Mario Draghi and Patrick Collison are bringing together economists, entrepreneurs, academics and key figures in European politics. A new multidisciplinary group aims to translate economic analysis into concrete reforms to strengthen Europe’s global position in technological and strategic sectors.
Nah man. The USA buys our patents and China flat out buys our businesses. We‘re as innovative as you can be but we suck at doing business.
That’s the Draghi report, we don’t have enough venture capital. Consumers actually save the same but Americans invest in growing businesses.
Though, we don’t have the growing businesses, so it’s a chicken, egg situation.
So how do we solve it? Making more billionaires is an option but not a good one.