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by howinteresting
1280 days ago
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I can't find a good chart for this but the GDP of the EU and the US were almost at par until 2008, after which there was a massive decoupling. The main difference in the EU's and US's response is the level of austerity each engaged in. The US's response, while certainly not ideal, was significantly better than the EU's response. edit: https://www.businessinsider.com/austerity-has-damaged-europe... |
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