alt Hacker NewsGDP EU ÷ GDP US in 2011: ~1
GDP EU ÷ GDP US in 2024: ~0.66
I will give you exact sources for the claim later once I'm back at my laptop, but rest assured: these numbers don't lie. And militarily... really? We're a joke. We cannot even defend our neighbor from being invaded without extensive US help.
GDP, as it's measured right now, is mostly just measuring unreported inflation plus money printing.
Edit: Real wages are mostly measuring unreported inflation but not measuring money printing.