Europe's Missing Trillions

The European Union's economy is struggling to keep pace with the US and China. Decades of low productivity, reliance on traditional industry and a failure to invest have lost it trillions of euros in growth, leading to this moment of reckoning. With France facing political upheaval and Germany’s economy in a downturn, the continent is at risk of losing its seat at the table, and maybe its ability to protect itself in a world where security is no longer guaranteed. Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you. https://www.bloomberg.com/account/newsletters/new-economy-daily?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=newsletter -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.