The biggest economy in the world is European Union, not US (as measured by GDP.) | Hacker News

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		vital_sol on Oct 8, 2008 \| parent \| context \| favorite \| on: Iceland close to bankruptcy The biggest economy in the world is European Union, not US (as measured by GDP.)

evgen on Oct 8, 2008 [–]

Except that the European Union is not an integrated economy, it is a federation of inter-dependent economies that share a common currency, as the clusterfuck regarding how it will respond to the current crisis is showing.

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