Originally posted by: RabidMongoose
RM, a single year's economic figures say very little, cumulative growth is much more important. And as you can see, it simply isn't that bad, its just that the hateful howling of europhobes makes it look otherwise.
I think it's pretty alarming. No to negative growth is pretty shocking. I'm curious to see if this trend will continue and what these countries are going to attempt to do. Have their numbers been on a steady decline?
It seems that European countries are just not improving enough in overall GDP as well - perhaps they have almost reached their peak potential. I was assuming that these countries wanted to compete against the US in an economic sense, but how are they going to do this when they refuse to grow while at the same time facing miniscule to negative growth?
Your entire view is based a single year's figrues. A single year. Do you not find anything wrong with that?
Back in 2001, someone could have come and said "Hey look, the EU is growing, but America is shkinking", would that have been a valid argument? No, and neither is yours.
There are a lot of long term problems facing the EU (as everyone else), but your particular argument makes no sense.