There will be no G2: Europe can stand up to the United States and China

It is often feared that the world will be reduced to the G2: the United States and China. But we believe that Europe can stand up to the United States and China, because of: The structural problems in the United States (insufficient savings, poor quality of the education system, decline in the employability of Americans) and China (ageing, marked slowdown in potential growth, political regime that may not be conducive to economic development); The progress made in Europe (recovery of employability, corporate modernisation, increased solidarity between countries, progress in energy transition).