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0 sats \ 2 replies \ @denlillaapan 11h \ on: The UK Was Richer than the US on a Per Capita Basis as Recently as 2007 econ
what's even crazier is that US and EU were equally sized economies. Now US is like 1.5x Europe
The EU now excludes the UK, not a rounding error. So after adjusting for the same set of countries?
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oh, sorry -- didn't mean to imply EU/Europe distinction.
don't believe accounting for the UK makes a difference here. (Will pull up real numbers before talking more out of my ass)
edit: quickl googles give me Europe total GDP of about $28trn, with U.S. in the $29-30trn range. (I wonder how much of that is healthy growth in Eastern European countries)
... and this is pretty insane:
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