Europe isn't going anywhere. Matter of fact, we will see revival of a strong and powerful Europe. U.S. influence is waning (purposely done) The power isnt going to the migrants or other states. The power is still in the same hands. What's changed is the demographics and ratio of the demographics. It's got white people in a tizzy.
That's like saying Japan isn't going anywhere. The Japan of today is a shadow of itself in the 80's.
European companies have been conspicuously absent from tech.
Phillips used to be a strong player in electronics and Tech. They kick started TWO of the most important companies in tech today, TSMC, and ASML. Both of these companies have market caps in the hundreds of billions. Now, Phillips is no longer a tech company.