Europe is an economic superpower, and at present it is the only democratic one.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

Where this collides

• Cannot both be true

  Only the US and China have substantial startup activity left; the rest of the world cannot really do startups.

  Levels says only the US and China have substantial startup activity left and the rest of the world cannot really do startups. Krugman says Europe is an economic superpower and currently the only democratic one. They are looking at different numbers — new company formation against output and living standards — and they cannot both be the number that matters.

Shared subject first, then similar wording. They may agree or disagree.

• By PPP there are three economic superpowers—the United States, China, and the EU—with China clearly largest and the US and EU roughly co-equal. PKPaul Krugman19 Sept 2026EuropeChinaAmerica
• Partnering with Russia was a strategic mistake for Beijing, because it is the United States and Europe that hold the markets and the technology. DWDan Wang4 Mar 2023EuropeChinaAmerica
• The era in which Europe bought its energy from Russia, had its goods made in China and left its security to the United States is over. EMEmmanuel Macron25 Apr 2024EuropeChinaAmerica
• The second China shock is landing on Europe, where the first one landed on the United States. ATAdam Tooze29 Jul 2026EuropeChinaAmerica
• The second China shock threatens Europe's highest-status manufacturing, not an industrial backwater the way the first one did in America. ATAdam Tooze29 Jul 2026EuropeChinaAmerica

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