[adamsmith143]

>How will they handle this and still emerge unscathed while competing with China and India and Indonesia and the likes.

This isn't even accurate. What is EU competing with China and India on? It should the reverse if anything, how will India and China compete in High Tech and Precision Manufacturing with the West when they are suffering massive brain drain?

[anuraj]

Sheer numbers and growth rate. China and India are huge markets and growing. Europe is a mature market which is stagflated. US has some more growth left.

[adamsmith143]

But that's not a direct competition. Europe can't possibly match their growth rates