<IMG SRC=http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=FRARGDPR,USARGDPR&scale=Left,Left&range=Max,Max&cosd=1960-01-01,1960-01-01&coed=2010-01-01,2010-01-01&line_color=%230000ff,%23ff0000&link_values=false,false&line_style=Solid,Solid&mark_type=NONE,NONE&mw=4,4&lw=1,1&ost=-99999,-99999&oet=99999,99999&mma=0,0&fml=a,a&fq=Annual,Annual&fam=avg,avg&fgst=lin,lin&transformation=pc1,pc1&vintage_date=2011-10-17,2011-10-17&revision_date=2011-10-17,2011-10-17>
<IMG SRC=http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=SWERGDPR,USARGDPR&scale=Left,Left&range=Max,Max&cosd=1960-01-01,1960-01-01&coed=2010-01-01,2010-01-01&line_color=%230000ff,%23ff0000&link_values=false,false&line_style=Solid,Solid&mark_type=NONE,NONE&mw=4,4&lw=1,1&ost=-99999,-99999&oet=99999,99999&mma=0,0&fml=a,a&fq=Annual,Annual&fam=avg,avg&fgst=lin,lin&transformation=pc1,pc1&vintage_date=2011-10-17,2011-10-17&revision_date=2011-10-17,2011-10-17>
<IMG SRC=http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=DEURGDPR,USARGDPR&scale=Left,Left&range=Max,Max&cosd=1960-01-01,1960-01-01&coed=2010-01-01,2010-01-01&line_color=%230000ff,%23ff0000&link_values=false,false&line_style=Solid,Solid&mark_type=NONE,NONE&mw=4,4&lw=1,1&ost=-99999,-99999&oet=99999,99999&mma=0,0&fml=a,a&fq=Annual,Annual&fam=avg,avg&fgst=lin,lin&transformation=pc1,pc1&vintage_date=2011-10-17,2011-10-17&revision_date=2011-10-17,2011-10-17>
<IMG SRC=http://research.stlouisfed.org/fred2/graph/fredgraph.png?&id=NORRGDPR,USARGDPR&scale=Left,Left&range=Max,Max&cosd=1960-01-01,1960-01-01&coed=2010-01-01,2010-01-01&line_color=%230000ff,%23ff0000&link_values=false,false&line_style=Solid,Solid&mark_type=NONE,NONE&mw=4,4&lw=1,1&ost=-99999,-99999&oet=99999,99999&mma=0,0&fml=a,a&fq=Annual,Annual&fam=avg,avg&fgst=lin,lin&transformation=pc1,pc1&vintage_date=2011-10-17,2011-10-17&revision_date=2011-10-17,2011-10-17>
I don't see the destruction of Europe.
At least one difference is that no one in Europe goes to a televangelist for their healthcare!