logo
episode-header-image
Nov 2024
26m 53s

Deindustrialization in Europe?

PATRICK BOYLE
About this episode

There has been a lot of press on how Europe is facing deindustrialization, where manufacturing employment is in terminal decline and the continent can no longer compete due to high energy prices, economic competition, and other factors. In today's video we try to work out if Europe is doomed and should pivot towards tourism - becoming the worlds museum. Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC


Helpful Links:

Mario Draghi Report: https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en

Oxford Economics: https://www.oxfordeconomics.com/resource/claims-of-deindustrialisation-in-europe-are-overblown/ Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle Business Inquiries ➡️ sponsors@onfinance.org

Up next
Yesterday
How Much Would an AI Crash Destroy?
Two chip stocks recently drove seventeen percent of the entire global stock market's return in a single month — which tells you just how concentrated the AI trade has become, and how exposed the average investor now is without realising it. In this video we look at how much wealt ... Show More
36 m
Aug 15
The Hidden Risk in the US-Japan Yen Rescue
In July 2026, the US Treasury did something it hadn't done since 1998: it intervened in the currency markets to prop up the Japanese yen — and Treasury Secretary Scott Bessent, a former Soros hedge fund manager, ran the trade in the strangest way possible, selling euros instead o ... Show More
31m 36s
Aug 11
Does Leopold Have Situational Awareness?
Last week, 24-year-old Leopold Aschenbrenner — former FTX staffer, ex-OpenAI researcher, and author of the viral 165-page essay "Situational Awareness" — managed to lose roughly two-thirds of his $45 billion hedge fund in a matter of weeks. The margin calls arrived during his wed ... Show More
39m 37s
Recommended Episodes
Jul 2025
Have Europe's Great Powers Given Up?
Germany, Italy, and France—once the powerhouses driving Europe’s economy—are now grappling with some tough problems. We’ve put together this collection of videos to give a broader picture of Europe’s economic struggles. From Germany’s industrial slowdown to Italy’s stalling econo ... Show More
49m 50s
Jan 2025
How Europe Sabotaged It's Own Economy
Europe, home to some of the world's largest and most advanced economies, has been experiencing nearly two decades of economic stagnation, falling behind the USA in raw output. Despite high living standards, competitive salaries, and excellent education, the continent faces self-i ... Show More
18m 10s
Jan 2024
France Could Be Heading for Economic Collapse
France's problems arguably go back 200 years to their slow and steady approach to adopting industrialisation. While many other countries can learn from France's strong protection for workers' rights, at the moment this has made France a very uncompetitive country with some of the ... Show More
19m 20s
Dec 2024
Is Europe’s car industry at a crossroads?
The car industry across the European Union employs over thirteen million people, both directly and indirectly, that’s around six percent of the bloc’s workforce. But in recent years, Europe’s manufacturers have been struggling to cope with issues like economic downturns, clean en ... Show More
22m 58s
Apr 2025
Why is Europe falling behind the US?
Even before there was talk of a trade war between the US and EU, Europe was on the economic backfoot. But it wasn’t always the case. In 2008, the EU was the world’s biggest economy - today, the US economy is $9.5 trillion bigger than the EUs. So what has happened?Presented and pr ... Show More
19m 3s
Dec 2022
Continental drift: Europe’s challenges
<p>A pair of crises <a href="https://www.economist.com/leaders/2022/11/24/europe-faces-an-enduring-crisis-of-energy-and-geopolitics?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term ... Show More
27m 8s
Sep 2024
Does Europe’s economy need Mountain Dew?
While Brussels has been obsessed recently with the “Draghi report,” that’s NOT the topic of this week’s episode. We will, however, discuss WHY Brussels is so besotted. (Spoiler alert: It's because Europe’s economy is broken.) Host Sarah Wheaton talks to POLITICO’s Carlo Martuscel ... Show More
36m 44s
Nov 2024
What’s holding back France and Germany?
We look at the issues facing two of Europe’s major economies. Germany’s downturn has deepened with existential fears about its major export industries. And now, political turmoil means industry leaders are calling for a snap election as soon as possible. Meanwhile in France, ther ... Show More
17m 28s
Dec 2022
Continental drift: Europe’s challenges
<p>A pair of crises <a href="https://www.economist.com/leaders/2022/11/24/europe-faces-an-enduring-crisis-of-energy-and-geopolitics?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term ... Show More
27m 8s