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Growth non-existent? Maybe I'm reading this wrong, but this would suggest otherwise... https://en.wikipedia.org/wiki/Economy_of_the_European_Union#Economic_gro

• ckinnan 10y ago
  Real per capita GDP was 26,200 euros in 2007 and is 26,300 today. After 10 years of EU policymaking and an extraordinary borrowing spree, nothing to show for it. http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=tsdec100&plugin=1 http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&l...
  • tremon 10y ago
    That same table is showing a GDP rise from 23,400 to 26,200 between 2001 and 2008. Are those rises not attributable to EU policymaking then? In the same time period, US GDP rose from $49,979 to $51,486 [1]. But it shows the same drop as the EU figures: 2014 was the first year that GDP was higher than 2007 (the same in 2015 for the EU). Maybe there is a common factor that could explain the slump in both the US and EU GDP figures since roughly 2008? Or did EU policymaking also cause the US GDP to go down? [1] http://www.tradingeconomics.com/united-states/gdp-per-capita http://www.tradingeconomics.com/united-states/gdp-per-capita