Why is the EU economy getting smaller while the US economy continues

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Korea will be in #10 very soon
I'm just curious how can this small country can be world economic power

>>77420668
How much of your GDP is samsung? 30%?

>>77420749
The products Samsung produce for a year probably account for more than 40% of Korea's GDP.

>>77420668
oilniggers need vessels and oil platforms
good job kim jong psy

>>77420749

It's actually 25%

>>77420600
Germany :)

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>>77420600
>amerifat is still buttblasted that China is the world biggest economy so he continues to post useless nominal GDP

>>77421013
Italy :)

>>77420749
no, according to KDI(Korea Development Institute. To learn what it does, go to https://en.wikipedia.org/wiki/Korea_Development_Institute), it's actually more than 40%.

>>77420600
EU is dying market with too much protectionism and exclusivism. brits made the right call exiting. now they can join market that has good future

>>77420600
Because you count with hard working migrants.

>>77420600
It seems like it was just yesterday that people were making a big deal about China surpassing Japan's GDP. Now it's 2.5x the size.

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>>77420668
yes and this is worthless thing.

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>>77421057
this is was pathetic to read

>>77420600
because g*rmans are destroying all the others eu economies but their.

>>77420668
Holland is doing better desu

>>77421357
Why are Canada and Italy in the G7 if they are not into the top 7 economies?

>>77421202
This. Our immigrants aren't as hardworking.

Demography. The US has a young, dynamic base of consumers while Europe is literally a nursing home at this point.

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>>77420600

I wonder why?!

Because our destiny is to absorb many different people and ideas through immigration while EU is too socialist and has the wrong kind of immigrants.

We will eventually fall behind China and we will eventually rise above China

>>77426886
Capital flight. They're paying way more than what these companies are worth so they have hard assets they can liquidate when everything goes to shit in China.

Japan did the same shit in the 80s lol

>>77427153
Japan doesn't have 1.4 billion people, only 120 and yet they challenged us in the 80's who had the 2-3 time more pop, the chinese interior market is enough to make them the first World economy.

China is already the first exporting country in the world, the first gdp PPP, the own who own the debt / foreign assets etc.

It's not a matter of decades but years before no one contest China as n1.

>>77421141
Why don't Korean economists try to decrease that?

too many chinks
int has turned into an azn sub on leddit

Americans also continue to grow larger

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>>77427343
China literally doesn't have a demography that can support consumption-driven growth. The populations of the interior are dirt-poor and aging as fast as the rest of the country.

>>77427343
India can challenge China.

Why are americans on this board always armchair economists? Why is it so hard for them to accept that their economy has and will continue to stagnate?

They live better than Americans though.

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>>77421557

>>77427705
We experience pretty consistent growth. 2% a year on average over a decade is nothing to scoff at for a developed country.

>>77427705
Europoor economies will stagnate. America will continue growing and leave y'all in the dust.

>>77427705
America is not and won't stagnate

>>77420600
>America is growing at a rapid rate

I don't care what you say but there must be some currency or number manipulation.

>>77428906
Nope, my jealous British friend.

>>77427974
Because that's your shit states growing

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>>77428906
>number manipulation
We're manipulating the number of babies being born via intercourse with women.

>China grew by 7% last year
>Building up their military
>Starting to contest the Russian border.

Wew lads