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Europe has been "stagnating" at about ~80% of American productivity levels for decades now. However, if your reference is growing and your ratio is roughly co
by bryanlarsen 1y ago
Europe has been "stagnating" at about ~80% of American productivity levels for decades now. However, if your reference is growing and your ratio is roughly constant, that means you are growing too.
- LunaSea 1y agoI don't mean compared to the US but in absolute GDP numbers. States are more in more in debt and what was once a great social system in most EU countries is slowly moving to privatisation and higher costs like the US.