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. https://t.co/C69jCMJIQQ pic.twitter.com/SBG532qnqi
— Jack Raines (@Jack_Raines) November 12, 2023