The Real Reason Behind the US-Europe Wealth Gap

For two centuries, Americans have consistently channeled their savings into the stock market, compounding a massive 6.9% real return over time.
Meanwhile, Europeans chose a different path: parking their wealth in low-yield savings accounts and relying heavily on state pension promises.
The resulting wealth gap between the US and Europe isn't a mystery—it’s just basic financial math. Yet, everyone still acts surprised.