EU led in 2008, but US surged after the financial crisis, bolstered by the tech boom.

In 2008, the European Union had a larger GDP ($16.3T) than the US ($14.8T).

15 years later, the US’s GDP is $25.4T, while Europe’s is basically unchanged at $16.6T.

Both economies were on par until the GFC, but the US just rebounded stronger during the 2010s tech boom. t.co/C69jCMJIQQ pic.twitter.com/SBG532qnqi

— Jack Raines (@Jack_Raines) November 12, 2023