• MrMakabar@slrpnk.net
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    8 months ago

    Western EU has a higher quality of life then the US for a long time and the east is catching up. Also yes GDP growth is slowing, but I would not be surprised if that starts to change soon. As in the EU does better then the US. For the EU an end of the war in Ukraine would be amazing and Trump is destroying the US economy for short term profit.

    • saarth@lemmy.world
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      8 months ago

      US has high GDP and GDP per capita only because of over inflated tech & finance valuations and PE firms dumping more and more money into these industries. It’s not sustainable.

      Outside of the US, West and North Europe has pretty high GDP per capita and I don’t see the point in chasing high growth numbers.