The American Divide Exposes the High GDP Fallacy bloomberg.com

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The American Divide Exposes the High GDP Fallacy bloomberg.com

2026-05-19 @ 18:57

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The American economy is a wonder. The Economist observed that average wages in America’s poorest state, Mississippi, are higher than those in Britain, Canada and Germany. American GDP per capita now runs roughly 40% above western Europe. Post-pandemic productivity growth has been significantly faster than that of the eurozone. The consensus is settled: the American economy is the model.

Source: bloomberg.com

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*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.

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