The EU didn't lose a major war. There's been no marketwide collapse and not a single day we can point to and say that's when it all went wrong. But yet, the continent that invented the modern industrial economy is now watching its own factories turn the lights off and move somewhere else.In May 2026, full-time headcount at BSF's Ludri Halam site, the largest integrated chemical complex on the planet, fell below 30,000, the lowest since 1954. Volkswagen went one beta 5 months earlier, permanently closing a G ...