The EU is doing worse. Our leaders are just serfs to the empire who will defend the China-Taipei with their lives, a civil war seperatist region of China, but will yield Greenland to the US without much of a fight.
It's pathetic and this self-humiliation pride will be the fall of our government systems sooner than that of the US.
The wealth of the EU economy depends most on the German auto industry and our politicians have abandoned them while favoring Tesla that few can afford while the rest of the EU population keeps buying more and more "Volvos" and "MGs" in order to sooth and delude themselves that they're still buying European brands.