Europe's Stocks Lag Behind US Rally by Most Since 1995

Stocks are just mirroring the general state of the economy. When I grew up, my mental frame of the global wealth had the U.S. on the same tier as most Western European nations. Maybe a little ahead, but not comparable to tax havens such as Luxembourg or Switzerland. Now the U.S. is almost as rich as these two nations and is probably going to overtake them, while most of Western Europe is standing still, with scarce hopes of recovery given its bad demography.

In the Nineties and Aughts, Europe managed to keep pace with the U.S. and even reduce its gap, till the 2008 financial crisis. But since then the two zones are on totally different paths.

Printing money out of nothing to fire up the "free market" that madness and stupidity cannot last forever and sooner than letter the music will stop and the Ponzi's schema will reach its end...