The sky is falling for a lot of the EU/Europe. They have massive social programs they can't afford and economies that aren't growing anymore. There is another Eurozone crisis approaching and there doesn't seem to be the political will or the acceptance by the people on what needs to happen to stop it.
Even small steps to delay it like in France lead to near open revolt.
1. Growth is not a must have for an economy, as long as it is sustainable, so even if it is a problem, which is highly arguable, it’s not really a problem like you’re positing.
2. Can you be more specific about what the next Eurozone crisis will be? It’s not useful to be vague and to scaremonger.
> Growth is not a must have for an economy, as long as it is sustainable, so even if it is a problem, which is highly arguable, it’s not really a problem like you’re positing.
If the economy doesn’t grow then you can’t service your debt without ever more cuts and/or tax raises. The other option is printing money to pay the debt, which will lead to inflation. I really want to hear your argument as to why this isn’t a problem in European economies? Unfortunately the system in many ways has presumption of growth built into it. There are no free lunches.
Even small steps to delay it like in France lead to near open revolt.