Infographic: Riding to Economic Ruin in the EU
Stick a Fork In Davos
Dear members of the EU: how has outsourcing your national interests to unelected bureaucrats in Brussels worked out for you?
The first three decades of the 21st century have witnessed the most dramatic redistribution of global economic power in modern history. While the United States has maintained steady growth and global leadership, the real story lies in the extraordinary divergence between China and Europe. China’s economy has multiplied 27 times over—transforming from a developing nation smaller than Italy into the world’s sole manufacturing superpower, now producing 35% of all global manufactured goods. Shockingly, the European Union has seen its share of global GDP nearly halved, falling from 30% in 1995 to just 18% today. And no one in the EU is talking about changing their sad, managed declined.
The trajectory established over the past 30 years is projected to accelerate through 2030. According to IMF forecasts, China will officially surpass the European Union to claim the position of the world’s second-largest economy, reaching approximately $23.4 trillion compared to the EU’s $21.4 trillion. The growth differentials tell the story: China is projected to grow roughly 4% annually despite a slowing economy; the United States will maintain steady 3% growth driven by technology and AI leadership; but Europe faces a sobering 1.5% growth rate hampered by demographic decline, an ongoing energy crisis, and structural competitiveness challenges.
Most striking: China’s growth from 2024 to 2030 (+25%) will nearly match the EU’s entire growth over the same period in absolute dollar terms.
The EU has failed. The only question is when its member countries will reclaim their historic sovereignty.
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These facts seem weak without attention to the growing debt.
2025 has brought clarity to the colloquialism "stupid is as stupid does"!