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The gradual but relentless economic decline of Europe. Chart shows its share of global GDP PPP. (lemmygrad.ml)

submitted 3 weeks ago by yogthos@lemmygrad.ml to c/europe@hexbear.net

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cross-posted from: https://lemmygrad.ml/post/10064609

https://www.ft.com/content/abc3002e-a7be-48e2-8197-aeddf937afec (https://archive.ph/UhcYX)

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[–] Damarcusart@hexbear.net 9 points 3 weeks ago (1 children)

Bold of them to assume the decline will just a slow and steady one, and they won't have a massive crash out as the US actively start cannibalising them to keep themselves afloat.

[–] yogthos@lemmygrad.ml 7 points 3 weeks ago

Exactly, not to mention that stealing Russian frozen assets and Nexperia from China is basically making Europe uninvestable.