Europe's structural challenges run deeper than most realize. The continent struggles with a critical absence—no major internet companies, no globally competitive tech giants, nothing that can match American innovation or Asian manufacturing prowess.

The symptoms are everywhere: economic stagnation grinding growth to a halt, industrial capacity eroding year after year, joblessness persisting in key sectors. Without a thriving tech ecosystem to drive productivity gains, the old industrial foundations keep crumbling.

This matters beyond economics alone. When a major economic bloc loses technological edge and growth momentum, it reshapes global capital flows, currency valuations, and investment cycles. For crypto investors tracking macro trends, this regional weakness signals shifting opportunities—capital seeking returns will inevitably look elsewhere. Understanding these continental shifts isn't just geopolitical commentary; it's essential context for where global liquidity moves next.