2 ms·
> Many countries in Europe have been in an economic malaise for some time now Keep in mind a lot of this is exchange rates. If you look at GDP PPP, while falli
by dukeyukey 3y ago
> Many countries in Europe have been in an economic malaise for some time now
Keep in mind a lot of this is exchange rates. If you look at GDP PPP, while falling slightly behind, the EU has mostly kept up with the US: https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD?locations=US-EU https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.KD?locat...
Now nominal value is more important on a global influence scale so the usual figures still mean a lot, but it's way more nuanced than most peopl think.