Elon Musk just unleashed a harsh reality check on what's ahead for Europe: "Brussels is essentially a massive shrine to red tape... and excessive regulations are like a tightening rope around Europe's throat, squeezing harder annually. In the end, it'll suffocate the continent."In his view, Europe deals with triple the bureaucracy—local, national, and EU-wide—compared to the US's dual layers. This has led to a full ten years of stifled creativity, companies bolting elsewhere, and the whole region lagging fa ...

Regulatory Environment - Excessive regulations are squeezing Europe, potentially suffocating the continent [1] - Europe faces triple the bureaucracy compared to the US [1] - This has led to ten years of stifled creativity and companies leaving the region [1] - Sweeping cuts to regulations across all tiers are needed immediately [2] Economic Impact - The region is lagging far behind due to excessive regulations [1] - Trimming the red tape might trigger the greatest revival Europe has ever seen [2]

Elon Musk just unleashed a harsh reality check on what's ahead for Europe: "Brussels is essentially a massive shrine to red tape... and excessive regulations are like a tightening rope around Europe's throat, squeezing harder annually. In the end, it'll suffocate the continent."In his view, Europe deals with triple the bureaucracy—local, national, and EU-wide—compared to the US's dual layers. This has led to a full ten years of stifled creativity, companies bolting elsewhere, and the whole region lagging fa ...

“It piles up like sediment in a harbour.” @PhilipKHoward tells “Checks and Balance” why red tape is suffocating America, with @JohnPrideaux, @chowardchoward and @JBennet https://t.co/pOEn52cDj5 ...

With the zeal of the convert, the European Commission has begun taking on red tape. Alas, the EU’s decision-making red tape is itself holding back the red-tape-chopping efforts https://t.co/Sqj3Lc9X24 ...

Trade Policy Impact - Donald Trump's promise to reduce business regulations contrasts with the increased red tape caused by his tariff regime [1] - American companies are facing increased entanglement in red tape due to the tariff regime [1]

Market Access & Regulation - In some parts of India, obtaining a drink after work involves navigating significant bureaucratic obstacles [1] - The process is described as requiring one to "suffer so much" even for a small beer can [1]

“For a small beer can, I need to suffer so much.” In some parts of India, just getting a drink after work requires busting through a thicket of red tape. https://t.co/ODWDiucdVN ...