i've heard the bureaucratic hurdles are crazy in most EU countries, i havnt run a business here though so cant say for sure

stack_harder

econ

The dollar as a reserve currency and the Cantillon effect

> It seems US wages just keep going up and up, while EU and UK fall behind. but is this mostly because of the inefficiencies and shitty red tape? or just a complex amount of variables?

I think it is less the cantilever effect that plays a bigger role here, but rather the higher social securities and greater bureaucratic hurdles in the EU.