Western Europe has been stuck in slower growth for a long time now. The UK, Italy, and France recorded GDP PPP growth of just 179% since 1989. Compare that to the US which hit 313% over the same period. Former Soviet bloc nations saw massive jumps too, though Ukraine is the exception. This data suggests the emerging AI economy will push Europe even further behind. #Finance
1h
Western Europe has been stuck in slower growth for a long time now. The UK, Italy, and France recorded GDP PPP growth of just 179% since 1989. Compare that to the US which hit 313% over the same period. Former Soviet bloc nations saw massive jumps too, though Ukraine is the exception. This data suggests the emerging AI economy will push Europe even further behind. #Finance
1h
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