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0 sats \ 2 replies \ @denlillaapan 17 Oct \ 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

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14 sats \ 1 reply \ @spiderman OP 17 Oct

The EU now excludes the UK, not a rounding error. So after adjusting for the same set of countries?

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0 sats \ 0 replies \ @denlillaapan 17 Oct

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 29-30trn range. (I wonder how much of that is healthy growth in Eastern European countries) ... and this is pretty insane:

https://econofact.org/factbrief/fact-check-has-the-economic-gap-between-europe-and-the-united-states-increased-in-the-past-decade

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