Western Europe’s Economic Share Falling

Western European leaders brag about how well their socialist system works, basing their bragging on good times in the previous generation. Workers in these countries work far less hours than US workers, for instance. But what they neglect to admit is just how much $13 billion could buy you after WWII when the US infused Western European economies with play money.

The true stat is the lack of growth in this area of the world. Western Europe made up 34% of the global economy in 1970 and dropped down to 25% in 2007. This figure is set to drop to 15% in the next decade!

Read the World Economic Growth Report

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