Thread

1. softwaredoug · 1789557035 · focus · HN ↗

   I’m not sure this is a good thing for Canada.

   The EU feels like an incomplete experiment. Not strong enough to actually be a single market. But still able to create additional annoying regulations on top of nation level ones.

   The EU needs to be truly Federal to succeed economically. That might create uniform regulations with more uniform regulations and actually make Europe competitive.

   1. usernametaken29 · 1789564851 · focus · HN ↗

      > The EU needs to be truly Federal to succeed economically. That might create uniform regulations with more uniform regulations and actually make Europe competitive.

      But also: > The European Union has a nominal GDP of roughly $20 trillion, placing it closely on par with or slightly ahead of China ($19 trillion), but smaller than the United States ($30–$31 trillion)

      I don't know about you but the same GDP as China sounds economically successful... or not?

      1. goalieca · 1789565639 · focus · HN ↗

         It is and it isn't. Around 15-20 years ago, the EU economy was actually bigger than the US economy in total terms (not per capita). The issue is that the EU has stagnated, as has canada while the USA has been pulling away. Growth has been pretty terrible for both for a long time.

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