The EU isn't close to as rich as the US, the parent comment was far off the mark.
Not only does the US have about ~40% of all the millionaires on earth all by itself, its GDP per capita is 77% higher than the EU ($33,700 per capita per the Worldbank 2017 figures; versus $59,700 that year for the US). Its nominal GDP is also about $2 trillion higher, despite having roughly 200 million fewer people.
PPP is a near worthless measurement if you're a business trying to sell goods. It's the absolute last thing you'd rely on to gauge the pricing power in a market for a product or service.
Not only does the US have about ~40% of all the millionaires on earth all by itself, its GDP per capita is 77% higher than the EU ($33,700 per capita per the Worldbank 2017 figures; versus $59,700 that year for the US). Its nominal GDP is also about $2 trillion higher, despite having roughly 200 million fewer people.
PPP is a near worthless measurement if you're a business trying to sell goods. It's the absolute last thing you'd rely on to gauge the pricing power in a market for a product or service.