this post was submitted on 19 Jun 2023
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The US GDP is now $25tn vs EU GDP of $19.8tn with UK. Without the UK the EU is 50%.

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[–] kurosawaa 1 points 1 year ago (2 children)

I do find it interesting that when we talk about economic growth of the West vs China, we are really only talking about American growth. The rest of the EU has stagnated. Is the "global economic order" really beneficial to the west, or just to the United States? We like to talk as if everything that's good for America is also good for Europe, and things like sanctions on China and Russia should be done by everyone, but the rest of the West is not nearly as economically healthy as America. Can Europe actually afford sanctions?

[–] tamaroth 2 points 1 year ago

Afford? Probably yes.

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