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There has been a lot of press on how Europe is facing deindustrialization, where manufacturing employment is in terminal decline and the continent can no longer compete due to high energy prices, economic competition, and other factors. In today’s video we try to work out if Europe is doomed and should pivot towards tourism – becoming the worlds museum.
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Helpful Links:
Mario Draghi Report: https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en
Oxford Economics: https://www.oxfordeconomics.com/resource/claims-of-deindustrialisation-in-europe-are-overblown/
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