Il PIL dell’UE (adeguato PPP) è quasi il 97% di quello degli Stati Uniti

Source: summing 27 GDPs from [https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)](https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP))

If you look at worker productivity or the GDP PPP per hour worked, Big EU economies like Germany and France are almost close to the US (https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity), then a significant portion of difference in total output is explained due to less work hours in EU countries (https://en.wikipedia.org/wiki/List_of_countries_by_average_annual_labor_hours), french worked 85% of the time americans did due to better work life balance in the EU. Yes, Europe has its shortcomings, especially the scale of capital markets but they are more nuanced. Even in semiconductor industry, EU has its own niche monopolies like ASML in lithography machines, Zeiss in lens making. Plus EU doesn’t have the power to bully its competitors like the US does

with 30% more people, huge win for Europe.

If you look at GDP in PPP terms, Russia has a better economy than Japan.. honestly, to use this figure in all seriousness is a joke…

Oh so now Europe is a country?

Potato purchasing power?

After WW2, when Europe is weak, America under right-minded leaders shoulders up the responsibilities of maintianing the world stability and peace. Now America is weakening daily under a madman’s leadership, it’s time for Europe to stand up and lead the world forward, preserving the human civilization’s precious values.

I am sorry but what’s the point of all these posts? Burying our head in the sand and pretending everything is fine? Go check the trends of US. vs EU. GDP, in PPP or not in PPP. There is an undeniable slow economic decline in Europe that you need to be blind not to see – today China and the US compete on AI, Tech, anything that amounts to actual innovation. Where is Europe? OF course, it’s still an economically relevant block of countries. It’s still a great place to live by world’s standards. But what’s the point of being happy with mediocrity?

lol PPP can’t be calculated. The deflator or inflator used is entirely subjective and varies based on who is doing it. And giant countries like the U.S. and EU vary drastically.

Additionally, nominal matters because most goods are not priced based on where you live. We all pay the same for oil, gold, iPhones, etc.

And then you bring in per capita, where China has 4X the population as the U.S. and the EU has 150 million more people – meaning the average person is much poorer.

EU need to start acting like a superpower and harness the immense collective power at its disposal. Energy independence, large scale tech investment and defence & security need to be priorities.