Europe's €800B Problem: Its Own Laws Forbid the Rescue
Europe needs €750-800 billion in new investment every year to stay competitive, according to the Draghi report. Its own fiscal rules make that spending illegal. This is the structural breakdown of how the EU's energy pricing, state aid, banking and debt architecture turns a local shock into a continent-wide crisis.In the last 50 years the United States built six companies worth over a trillion euros each. The EU built none worth over a hundred billion. This analysis follows the mechanism: why merit-order pricing makes wind and solar cost "gas prices," why BASF is investing €10 billion in…
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