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T-A | 9 days ago
Irrelevant since we are comparing relative sizes, like EU vs US, now and then.
>> but be careful with dates and exchange rates > The numbers you are quoting are already corrected for that.
Indeed, that's why I use them instead of the nominal ones you requested. My warning was about the latter.
> My claim was about Europe's ability to act independently of the US and "go off on adventures"
Your claim, quoted verbatim, was this:
> The time when Europe had the capability to go off on adventures of its own or be a threat to the US is past. European economies are no longer big enough proportionately.
The GDP figures say otherwise: US and EU were and are roughly equal, EU + UK were and are larger.
I am willing to grant you half a point: neither US nor EU are large enough to separately dominate the world like they once did. Together, they are still #1.
> Europe is not a global power, it is a potential alliance of mid size powers.
The EU is a little more than "potential". Currently ineffective, yes, but that's the topic of the article. Says right in the subtitle: "Without America to rely on, the EU is gearing up to be a global power in its own right."
> The big change is that everyone else has risen since then. while Europe has stagnated.
If that is the case, then it's evident from the relative GDP figures now and 40 years ago that the US has stagnated just about as much, which contradicts your original claim.
> The only European country in the top five is Russia!
Breaking out individual European countries instead of considering the EU as a whole (the topic of the article you are ostensibly commenting) makes about as much sense as breaking out individual US states instead of considering the US as a whole.
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