Europe is now a corporate also-ran. Can it recover its footing?

Re:Europe is now a corporate also-ran. Can it recover its fo... by aapl88888 on Saturday June 12, 2021 @04:00AM (#27482584)

So the entire EU economy grew at the same speed than the US one but not its 500 bigger companies.

This is misleading. The article says the poorer (former communist) eastern European countries got richer, which brought up the average.

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Re:Europe is now a corporate also-ran. Can it recover its fo... by j_wtf_all_taken on Saturday June 12, 2021 @04:35AM (#27482776)

Ok. So lets look at the US on a state level - some got terribly rich, some suffer terribly?

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Re:Europe is now a corporate also-ran. Can it recover its fo... by aapl88888 on Sunday June 13, 2021 @05:34AM (#27491162)

Which US part suffered terribly?

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Re:Europe is now a corporate also-ran. Can it recover its fo... by j_wtf_all_taken on Sunday June 13, 2021 @06:04AM (#27491274)

Kansas

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Re:Europe is now a corporate also-ran. Can it recover its fo... by mpweiher on Saturday June 12, 2021 @10:18AM (#27484673)

How is this "misleading"?

We want the poorer countries to get richer faster in order to close the gap. Accomplishing precisely this is a large part of EU policy. And it is working.

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Re:Europe is now a corporate also-ran. Can it recover its fo... by aapl88888 on Sunday June 13, 2021 @05:33AM (#27491152)

If the US had its eastern part communist, it too would have a higher average GDP from decades ago. It is basic economics.

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Re:Europe is now a corporate also-ran. Can it recover its fo... by mpweiher on Sunday June 13, 2021 @07:39AM (#27491706)

GDP per capita in the US ranges from $200k (DC) to $38K (MI).

https://en.wikipedia.org/wiki/List_of_states_and_territories...

Lots of ways to catch up there as well.

And that doesn't change the fact that that is the actual data, nothing "misleading" about it.

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