25 years ago each major US company had a German and/or French equivalent. Today equivalents of US tech giants are in China and Europe is on its way to become an open-air museum. What happened?

25 years ago each major US company had a German and/or French equivalent. Today equivalents of US tech giants are in China and Europe is on its way to become an open-air museum. What happened? pic.twitter.com/edT54Z3pic

— Michael A. Arouet (@MichaelAArouet) August 25, 2024