Or it would be gone. Or it would be in the hands of psychopaths. Europe trades off the extremes for a better middle. It doesn't produce quite as many big names, but US and EU economies are roughly the same size.
Ah, interesting I always thought USA’s GDP far ahead, but it’s not. Compared to EU it’s 20 vs. 30 trillions/y. Adding Switzerland, UK, etc. and it’s close.
According to wikipedia, EU has a 23 trillion GDP (30 trillion PPP) and 451 million people, making ~51k GDP per person (67k PPP).
US is at 32 trillion GDP and same PPP for 342 million people - 94k per person
