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> Europe is poorer than ever

Europe is richer than ever.

Wealth only matters in comparison to others, and Europe is poorer than ever compared to other regions.

In relative values it's worse than 100 years ago, better than 1000 years ago. Absolute values are also important. It's still much better than 100 years ago.

And then so many people migrate to Europe from the Americas, Africa and Asia. It shouldn't be so bad after all.

> In relative values it's worse than 100 years ago

Relative to what? 1926 was after WWI devestated Europe and I think Germany would have been in very bad shape from the Versailles Treaty.

Just one example: China has been the wealthiest country in the world except for the 19th and 20th centuries (and maybe the very few centuries before those,) when countries from Europe and the USA colonized it, then Japan. It's still recovering but economically is in the same league as Europe.

Post world war Europe and Germany were still better off than China. The proof is that Germany took very few years to recover, arm and start another war.

> China ... economically is in the same league as Europe.

Not at all; on a per capita level Europeans are far richer and more productive.

> Wealth only matters in comparison to others

Ask someone who can't afford food, shelter, shoes, healthcare, education ...

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