[_w1tm]

> I think that often theres a difference in ability to put capital to work between the US and europe.

It’s because the EU is 27 different countries with different regulations while the US is 1. Some work is being done to fix this but remains to be seen if we can reach a point where we have unified capital markets instead of national ones.

[graemep]

That does not prevent something like this project happening which includes 23 different European countries, and not even through the EU.

The point of the EU is to provide unified markets, and capital flows pretty freely between major European economies (including those outside the EU) so I do not think that is it.

[nradov]

Meanwhile three of those EU member states can't be manage to cooperate on their 6th-generation fighter programs.

https://www.politico.eu/article/germany-france-europe-fighte...