The European Union is the Greatest Economy in the World. Will USA catch up?

[TheRealMafoo]

GamingChartzFTW said:

TheRealMafoo said:

GamingChartzFTW said:

The UK is running efficiently and has being doing so for decades. GDP per capita is now higher than ever. From what I remember, we recently passed the Germans! This shows us that Free Universal Healthcare is indeed compatible with economical growth.

It's not health expenditure that will make or break a nation. The important thing is cheap access to resources. In our time: Oil, Gas etc. The European Union will do it right.

No worries. EU will be in control of the situation. Europe's future looks even brighter!

 

http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance

 

United Kingdom at #179
United States at # 181

Every European country has a better current account balance (CAB)
This proves what?
What's your point?

Give us some context.

 

I found hit from here:

http://en.wikipedia.org/wiki/Economy_of_the_United_Kingdom

 

The UK has the world's third largest current account deficit, despite significant oil revenues. This is mainly the result of a large deficit in the trade in manufacture goods. During May 2008, the IMF advised the UK government to broaden the scope of fiscal policy to promote external balance.^[7] Although the UK's "labour productivity per person employed" has been progressing well over the last two decades and has overtaken productivity in the united Germany, it lags around 20% behind France's level, where workers have a 35-hour working week.^[8] The UK's "labour productivity per hour worked" is currently on a par with the average for the "old" EU (15 countries).^[9] The United Kingdom currently ranks 16th on the Human Development Index.

 

Interesting that when you follow the link to the International Monetary Fund, take at look at who the is on the board for the US.