Euro zone: It is hard to have confidence in the future

It is difficult for the inhabitants of Western Europe to have confidence in the future, given: The ongoing deindustrialisation (disappearance of “old industries”), leading to continued labour market polarisation and the declining skill level of jobs; The uncertainty related to the energy transition, in particular regarding future energy prices; The risk of mismatches between skills and new occupations, while many jobs are disappearing ( industries of the past , traditional retail, banks, etc.); The non-coordinated and aggressive economic policies conducted by the United States and China, in addition to the absence of coordination as well as strong competition (via costs, taxation, labour market rules) between European countries. As a minimum, it would take a transparent and early debate on these dangers between governments and populations in order for confidence to return .