Europe is a continent of great savers, but poor investors

Europe is a continent of great savers, but poor investors

In 2008, the European Union's economy was larger than America's.Today the picture has flipped.The US economy is now around 40% larger, at roughly $32 trillion against Europe's $23 trillion. America is home to almost every company on earth worth more than a trillion dollars. Europe has none.I don't share this to write Europe off. I...