Why the EU Can't Produce

June 26 Deadline: The #1 Monthly Dividend ETF June 26 Deadline: The #1 Monthly Dividend ETF                                                                                                      [outsider club logo header] Jun 22, 2024 | By Christian DeHHaemer Why the EU Can't Produce The productivity in the U.S. has jumped compared to the EU and the UK. Chart from [the FT:]( [Productivity] There are theories as to why this is. They range from long vacations, the protestant work ethic, less red tape, and workers' unions. The real answer is fracking. From an article in the Economist circa 2012: “AMERICA'S “unconventional” gas boom continues to amaze. Between 2005 and 2010 the country's shale-gas industry, which produces natural gas from shale rock by bombarding it with water and chemicals—a technique known as hydraulic fracturing, or “fracking”—grew by 45% a year. As a proportion of America's overall gas production shale gas has increased from 4% in 2005 to 24% today.” This corresponds to the chart above which shows the difference in productivity starting around 2009. Of course, Germany closed its nuclear power plants and the Russia/Ukraine war exacerbated the situation. Cheap inputs - whether wages or energy - matter. All the best, Christian DeHaemer Senior Editor, [The]([Oustider Club](  --------- Sponsored --------- June 26 Deadline: The #1 Monthly Dividend ETF June 26, you'll secure a payout of $2.05 PER SHARE! Click here It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before June 26, you'll secure a payout of $2.05 PER SHARE! [Click here now to learn more before it's too late.]( -----------------------------------     This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Osprey Financial Research LLC, 5004 Honeygo Center Drive Suite 102-202