Most of the difference in GDP was because Dollar was a lot cheaper compared to Euro pre Recession.
Also EU just stagnate from 1990 until now it is yearly losing global share of GDP.
"Most of the difference in GDP was because Dollar was a lot cheaper compared to Euro pre Recession."
Yes, but why? There was a theory that massive stimulus spending would weaken the dollar because of the additional debt, but instead, the opposite happened. The USA did more stimulus spending and the dollar became stronger. Many people were surprised by this. Those people need to revisit their initial assumptions.
