The actual question is if (capable) SWEs will choose working for (or be a founder of) Dutch/Euro tech companies over US ones, or even leave the US to live there.
Europe is an excellent value prop if you want to be a bartender or baker. Its decidedly less so if you want to be a white collar/gold collar worker.
I left the US in my 20's to live in Europe and I like raising kids here (I'm now in my 40's) but honestly... it was a stupid thing to do. Meanwhile, my in-laws, who stayed in the US, are now retiring to France in their 40's with a few million dollars.
The opportunity cost of living in Europe is absolutely enormous. You're basically lighting $1-2 million (or more, perhaps) on fire for every decade you're here instead of the US.
Though I don't find myself wanting to move back to California any time soon...
> Its decidedly less so if you want to be a white collar/gold collar worker.
If you want to earn big money, you're better of in the US, for sure. Quality of life though, as a white collar worker?
That does probably have its effect on economic growth..
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