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funny thing about the sky- its always falling... Even if we suddenly lost our standing as the largest economy in the world, I dont see that as meaning we will

by S_A_P 17y ago

funny thing about the sky- its always falling... Even if we suddenly lost our standing as the largest economy in the world, I dont see that as meaning we will see Armageddon. It may even do us some good to let some other country be in the spotlight for a while.

arethuza 17y ago
You do know that the EU economy is larger than the US economy? OK - not one country, but pretty close to one market.
- anamax 17y ago
  > You do know that the EU economy is larger than the US economy? OK - not one country, but pretty close to one market. Not per capita. Also, the EU punches considerably lower than its weight. Sure, there's a large pile of money, but what can it do?
  - arethuza 17y ago
    But the US isn't top of the per capita lists either.
    - anamax 17y ago
      > But the US isn't top of the per capita lists either. You're right. But the ones that are higher don't have much "total mass". We've discussed three ways to compare - total GDP, GDP/person, and "how much can they do". The US is not at the top of any of them, but it's high on all three.