No, it's called getting shafted. The EU has more or less the same wealth floating around as any other western country, but it's in total stagnation.

We can argue about why this is, but the end result is that asset prices are high, while there's no incentive to cycle money through the economy in a way that allows wealth building.

Not even the government is willing to spend, which is a problem because the government has set itself up to be the subsidizer of everything. The scale of the problem is easily appearant when you see Brussels celebrating a €10b climate package. Exactly what is €20 per citizen supposed to achieve?

The money saved does not go into the healthcare. The healthcare is paid from taxes paid from salaries etc. So the bigger the salary the more funding for healthcare.

I’m not complaining about the situation. Supply and demand determines IT wages quite well. For some reason US based devs are simply more in demand.

Financiers in London are paid similar to financiers in NYC, it's not about solidarity, it's about supply and demand. And forces of supply and demand are not working in developers' favour in European countries. I myself switched from being a quant dev to a trader within a large bank (and now a fund) and the work is a lot more interesting/rewarding and better paid.

After this year, I've had more than enough of 'solidarity'.