The article discusses the challenges faced by the three largest global economies, the United States, China, and the European Union (EU27). Author Bojan Ivanc argues that these economic powers encounter similar issues, including weak consumption growth among aging populations and ineffective policies addressing rising public financial deficits due to lack of priorities and widespread demands. The U.S. has specialized in exporting services, particularly technological, cultural, and intellectual property-related services, which create many jobs and maintain research and development efforts. Meanwhile, China is increasingly producing more complex products.
Bias read (Center): The article presents an analytical overview of economic challenges faced by major global economies without overtly favoring any particular political ideology. It provides balanced insights into the strategies and issues of the U.S., China, and the EU27, focusing on economic factors rather than overt




