[wolfgangbabad]

EU has much better banking than the US. With VAT ID is paradoxically less fragmented as well. SEPA transactions is something the US can only dream about and will never materialize because Jim Texan's Right Bank ltd. will be against a common payment framework ;D because freedom or some other generic-murikan brainfart. America ban when cannot compete. Culture of guns and oppression.

[pembrook]

Agreed, SEPA is objectively better than what the US has.

But it doesn’t matter how easy it is the transfer money if you increasingly don’t have any.

On average, governments in the EU centrally direct roughly 40% more economic activity than the U.S. (and Chinese) government does.

In the short term, this appears more efficient. Allowing markets and decentralized private players to sort things out is messy and aesthetically unpleasing at times (like democracy), but leads to greater growth and innovation overall. The Chinese Communist Party understands this, maybe the Eurocrats will figure this one out after a few more 6-course dinners in Brussels.

[pyrale]

Please explain to me how efficient the US health care system is.

That’s right, it’s part of the money handled by public entities in my country, and "decentralized" in the US. Personally I don’t want any of the kind of "growth" the US has experienced in their health sector.

[CalRobert]

If only they had some money to put in those banks

[jajko]

We have plenty and have higher quality of life, better healthcare, better social services, vastly better public education, better infrastructure, much lower criminality, much better personal happiness and personal fulfilment, much less stress and live much longer...

Yeah enjoy your money, you will need it when getting older to finance basic services and needs.