A continent that cannot simultaneously defend its energy, its borders, its data, and its capital flows has simply chosen which of these it will lose first—the only question is whether it loses them sequentially or all at once.
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Europe's compliance departments now require more headcount than its R&D labs—we've successfully inverted the ratio that built the continent, replacing engineers with administrators who audit the engineers' auditors.
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A currency that requires central bank intervention to maintain its purchasing power is merely a tax on savers dressed in the language of monetary policy—the difference between Rome's debasement of the denarius and the euro's quantitative easing is merely the speed of the printing press and the sophistication of the lie.
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