I think this list misses the biggest reason of them all. Europe is very culturally different from the US. There is no European dream and Europeans do not, as a rule, desire to move beyond their station in life. The culture is obsessed with appearing rich, but does not value actually having money. Money is somthing you are born into, not something you try to make. The aristocracy still quietly runs the show and the technocrats know better than the dirty populists. The culture does not value the kind of bullshit that makes hype cycles and gold rushes. Moonshots are the kind of high risk endeavors best left to the people who actually went there.

The flip side of this is that instead of being obsessed with success , dreams and money, Europeans focus on the human and how best to live, which explains all the attempts to legislate a better world rather than build it.

Live in Europe, invest in America.