The European Union has a problem: its over-bureaucratization inhibits any form of investment. Year after year, billions of euros of investment capital flow abroad, growth forecasts lag far behind those of the United States, and Brussels' bureaucracy stifles the growth potential of the old continent with rigid environmental regulations and harmonization efforts. The growing war economy, the massive debt policy of the United States and the simultaneous on shoring of production capacities are pushing growth in the United States, while the eurozone has slipped into stagflation.