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Of course the influence of the EU will diminish over time, because they are currently very strong. It would be very weird if the Asian countries wouldn’t catch
by echoangle 2y ago
Of course the influence of the EU will diminish over time, because they are currently very strong. It would be very weird if the Asian countries wouldn’t catch up, which automatically lets the EU have a smaller proportion of global trade.
Guess what, at some point, India and china will also overtake the US. Is that shocking to you? That’s just what happens when absolutely massive countries catch up to everyone else.
- treprinum 2y agoUS has fewer inhabitants than EU (342M vs 449M) yet keeps up with China economically in absolute terms.
- echoangle 2y agoAnd you think they will manage to keep up in the future? You don’t think china will be 1.5x the US in 26 years?
- treprinum 2y agoThe point is that since 2008 US was able to keep up with rapidly expanding China whereas EU stood still. We are discussing future of EU here.
- echoangle 2y agoIn what way was the US able to keep up with china? The GDP chart google shows has a factor of 3.2 for 2008 and 1.4 for 2022 when comparing the US to china. If you seriously think the EU falling back behind china is a EU problem, I don’t know what to tell you. It might happen at a different speed but it’s only a matter of time before china takes over the US.