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A comment on U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected. Parent comment
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?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.
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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?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.