"Europe’s once formidable industrial base has eroded in large part due to the ever rising burden of regulation. Germany’s economy, the most powerful economy in the EU, is barely the size of that of California."
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Joel Kotkin, "The myth of America’s decline: As China struggles and the EU stagnates, the US continues to thrive – even despite its dreadful leaders" (8 March 2024), Spiked
https://en.wikiquote.org/wiki/Economy_of_California
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Joel Kotkin
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