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by tici_88 5007 days ago
The article makes the mistake of talking about France and Germany and maybe Spain and then of generalizing it to mean "Europe". There are in fact lots of other countries in Europe, 30+ or so in the EU alone where the reality can be very different than France and Germany. Many European countries have flat taxes (Russia, Bulgaria, Romania, Macedonia, etc), hiring and firing is at will like in the US, low to no capital gains taxes, etc. Some provide lots of government incentives, loans and capital, Denmanrk and some of the other Scandinavian countries come to mind here.

Europe is a big continent and taking Germany and France and extrapolating it to the rest of Europe doesn't always work.