Kroatien, Bulgarien und Polen berichten über das größte reale BIP -Wachstum zwischen dem vierten Quartal 2019 und dem zweiten Quartal 2025

A quite impressive GDP growth for these Eastern European countries. We in Austria meanwhile are still struggling, although this year should be rather a stagnation than recession.

Yeah, you can start emigrating east now 😀

🇩🇪🇪🇪🇫🇮 are doing so badly.. the economy has stagnated.

I feel like ranting about my experience with economic growth and an economic depression. Economic growth does not have to correlate with rising living standards for the majority often is the opposite.

Being back to Spain in a decent job in 2016 in a Spain barely recovering of a recession was interesting. The 20% unemployment was more real than than the 10% of now, that also means that 80% of people had jobs. But still, that many people losing jobs and leaving the country or going to live with their parents means cheap housing available even in expensive areas of Madrid. Rents for business with so many bankruptcies went low and that with the low demand meant that price of everything pretty much didn’t change for 10 years (2008-2018), except housing that got cheaper, so you didn’t have to worry that much for inflation.

Meanwhile now we are in a boom, so the demand of housing has exploded the prices of anything that relies on renting a local or semi-skilled labor have grown like crazy.

Like I bought a house that currently would sell for twice what I paid. I would not be able to afford it now, and I make more money than then.

Only to reflect on the disconnect that you feel when people talk about economic growth and people feel that their personal financial situation has not improved. What has happened is simply that there are a few more millions of people working. But that has only meant more people competing for housing and services with you.

There’s only going up from the bottom as they say

Don’t get too excited. Bulgarians, Croatians and Polish people will still move to Germany or so.

This is another ordinary graph that popped up on Internet like others. Also this graph shows that EU is unstable and irrevelant.

Where is Ireland though? I’m pretty sure it’s first but GDP is not a valid metric in this case.

Germany, Estonia , Finland have very slow growth.
What’s happen?

The U.S. is growing almost on par with all these poor European countries. Insane.

The US is just insane, Europe really is fucked at this rate

It’s easier to grow when you are at the bottom. I’m not trying to talk down the issues countries like Germany have but you will see those countries hitting the wall like everybody else.
At that point you will only be able to increase growth by becoming a bully