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rumblemcskurmish t1_j2v0g7t wrote

Yup - their regulations are so amazing that the GDP of the wealthiest EU member, is less than that of . . . California. The 2nd wealthiest member, UK, has a GDP smaller than Texas.

Their economies are so amazing that the wealth per capita in most US states outperforms EU countries.

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Formal-Cow-9996 t1_j2xxt40 wrote

>The 2nd wealthiest member [of the EU], UK, has a GDP smaller than Texas.

I love this sentence.

By the way, California has a smaller GDP than Germany and the UK is not a member of the EU (and the Texan GDP is less than two thirds of the UK's, it's similar to Italy's). But either way comparisons in nominal terms are pretty much useless, PPP would show the actual living standards

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