This two equations give birth to the same graph: a circumference centered in C=(2,-2) with radius r=2 sqrt{2}.
The equation (x-2)^2+(y+2)^2=8 is the result of a scaling by a factor of 2 sqrt{2} and the a translation of vector vec v = (2,-2), applied in this order to a unit circle x^2+y^2=1.
In fact, the scaling equations are
(x"'",y"'")=2 sqrt{2} (x,y)=(2 sqrt{2} x, 2 sqrt{2} y)
and the translation equations are
(x"''",y"''")=(x"'"+2,y"'"-2)
To find out that the result of this transformation is the equation (x"''"-2)^2+(y"''"+2)^2=8, we have to invert these transformations. So we have the inverse translation (x"'",y"'")=(x"''"-2,y"''"+2) and the inverse scaling (x,y) = 1/{2 sqrt{2}} (x"'",y"'").
Now we can compose them, getting (x,y) = 1/{2 sqrt{2}} (x"'",y"'") = 1/{2 sqrt{2}} (x"''"-2,y"''"+2)=({x"''"-2}/{2 sqrt{2}},{y"''"+2}/{2 sqrt{2}}).
We can substitute these into the unit circle equation, getting
({x"''"-2}/{2 sqrt{2}})^2+({y"''"+2}/{2 sqrt{2}})^2=1
(x"''"-2)^2/8+(y"''"+2)^2/8=1
(x"''"-2)^2+(y"''"+2)^2=8
This shows that the first equation is a circle of center C=(2,-2) and radius r=2 sqrt(2).
To show that the polar equation r=4 cos theta - 4 sin theta gives the same graph, we simply convert polar coordinates to cartesian coordinates (r=sqrt{x^2+y^2} and theta=arctan(y/x)) to show that this is the polar form of the equation (x-2)^2+(y+2)^2=8. If we substitute r and theta in the polar equation, we get:
sqrt{x^2+y^2}=4 cos(arctan(y/x)) - 4 sin(arctan(y/x)).
Now consider a right triangle with the two legs bar{AC}=x and bar{BC}=y, so bar{AB}=sqrt{x^2+y^2}.

sin theta = bar{BC}/bar{AB}=y/sqrt{x^2+y^2}
cos theta = bar{AC}/bar{AB}=x/sqrt{x^2+y^2}
tan theta = y/x rArr theta = arctan(y/x)
So we get
y/sqrt{x^2+y^2}=sin theta = sin (arctan(y/x))
x/sqrt{x^2+y^2}=costheta = cos(arctan(y/x))
And these equalities are valid for non-negative values of x and y because of the symmetry properties of the functions sine, cosine and arctangent.
So we can rewrite the cartesian equation that we got from the polar one, getting:
sqrt{x^2+y^2}=4 x/sqrt{x^2+y^2} - 4 y/sqrt{x^2+y^2}
x^2+y^2=4 x- 4 y
x^2-4x+y^2+ 4 y=0
Finally, we complete the squares:
x^2-4x+4+y^2+ 4 y+4=4+4
(x-2)^2+(y+2)^2=8