France debt collapse is a lesson for the world. More government and more taxes, stagnation, and debt crisis.
Five prime ministers in two years.
Thankfully, French citizens have options.
They are allowed to choose between excruciating taxes, monster government, and no growth or crippling taxes, giant government, and even lower growth.
https://t.co/J7kDv0cc7R
BREAKING: Europe’s GDPR privacy law is headed for red tape bonfire within ‘weeks’
Europe's most famous technology law, the GDPR, is next on the hit list as the European Union pushes ahead with its regulatory killing spree to slash laws it reckons are weighing down its businesses.
The European Commission plans to present a proposal to cut back the General Data Protection Regulation, or GDPR for short, in the next couple of weeks. Slashing regulation is a key focus for Commission President @vonderleyen, as part of an attempt to make businesses in Europe more competitive with rivals in the United States, China and elsewhere.
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1/ They smashed babies against trees to save bullets. Starved millions until they ate tree bark. Drove desperate families to cannibalism. This is the reality of socialism.
An insane, dangerous ideology; but our captured education system means today it's celebrated by our youth.
JD Vance went to the Munich Security Conference and roasted the entire continent of Europe for being petty tyrants and criminalizing freedom of speech, including a British man arrested for praying at an abortion clinic.
ELON: EUROPE HAS WAY MORE BUREAUCRACY THAN THE U.S.
"You don't just have the provincial and national level, you also have the EU on top of that.
To be totally frank, EU headquarters in Brussels is essentially a cathedral to bureaucracy."
Source: 2025 WELT Economic Summit Berlin @elonmusk
DOGE would be banned in Europe. Most European major parties defend the idea that any government spending is acceptable and if it does not work, it is because they did not spend enough.
Apparently EU users don't get new AI versions till several months after US users, because AI companies have to get regulatory signoff first. Was the cost of overregulation ever so clear? Every user in Europe is several months behind, in a field that changes every several months.
Top LLM models sources of funding:
- OpenAI, private investment
- Claude, private investment
- DeepSeek, private investment
- Meta AI, private investment
- Gemini, private investment
Meanwhile, the 🇪🇺 EU:
- "Let's build an LLM with government funding"
Makes no sense
Instead, the EU should immediately repeal the EU Artificial Intelligence Act that literally bans most AI companies from operating within the EU
If Europe wants to be competitive in AI (or tech in general), the answer isn't spending more European taxpayer's money
The answer is removing the ridiculous regulations that prevent Europeans from building AI and tech companies right now
@nathanbenaich A quick summary:
- Europe has nothing at AI
- Europe is investing nothing into AI (56Million is a joke)
- Europe is not getting AI from the outside (due to regulations)
This is what universal, single-payer healthcare looks like. It actually is what socialism in anything looks like.
Doctor lines are the new bread lines.
I'm German.
16 years ago, the EU and US economies were neck and neck.
Today, the US economy is 50% larger than the entire EU combined.
Here's the devastating truth behind Europe's ongoing economic suicide 🧵: