Its wrong to think a society with high GDP per capita where people have a less good lifestyle is a better place than a society with a better lifestyle and slightly lower GDP.
This is why GDP is fallacy, and doesnt really represent economic and social reality in a good way.
Funny then that you quote Eurozone numbers and leave EU numbers outside. No I dont know them in my head, but I can easily find them for you on eurostat if you would like?
I believe a broad measure of different statistics, and all economic indicators, the lifestyle of the people, their leisure, the success of companies, the generosity of the state, diversity and several other things, make up my impression of how successfull a state is.
Norwegian, just like me.. Norwegians are completely delusional about the reality, and enjoy the same US brainwashing they do in the US(almost).. There is a reason I left Norway, not just one, but many actually.
Learn that production isnt everything, and you will START to understand economics.
Shall I also explain why European purchasing power is increasing and American one decreasing for the same reason?
Lower currency value = higher price of goods from abroad, higher producer prices, higher inflation
Higher currency value = lower cost of goods from abroad, lower producer prices and in general room for REAL income growth(increase wages - inflation).
Saab was owned by GM man... Of course they failed.
Good thing durable goods, machinery, chemicals and such are highly valued goods then. More so than media and software.
I also think a population decrease would be a positive thing for our future. Its not about increasing everything, thats not the way to go, the way to go is to make everything better.
I certainly hope things will get much worse, that immigrants will be expelled, that birthrates go down drastically. In the end that would be very positive.