Because now we’ve got this one, and we really don’t need a full rerun of the 20th century, we’ve already had the 100 year pandemic and the right is on the rise again across Europe
GDP is generally a bad measure for a healthy and happy population. Just look at the US - they have a way higher GDP per capita on average. That doesn’t mean that the majority of the US is happy and/or healthy.
This is what you’re looking for: The Pandemic hit you way harder than it should have because it was a double whammy, now you’re rebounding faster that’s not surprising but you’re still quite a bit behind to where you should be.
These estimates are based on the ‘doppelgänger’ method, in which an algorithm selects countries whose economic performance closely matches the UK’s before Brexit
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
It certainly cannot be said to be factual. It’s a synthetic counter factual, otherwise known as bullshit.
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
No. That’s how the method works: You create a country that’s actually comparable. If a country changes, it may cease to be comparable.
What’s your method, though? Comparing the UK to the rest of the EU? Our economic structure doesn’t even begin to be comparable! Same goes for comparisons against “near peers” countries being similarly wealthy doesn’t mean that they’re structured equivalently.
That’s not what that model does. It picks pieces of different economies and puts them together like Frankenstein’s monster and then they chop a leg off because it no longer fits the narrative.
Are you really saying comparing the 6 biggest economies in Europe is wrong? Lol
It’s absurd to take that as proof of anything versus comparison with similar local economies 👇
And the German GDP per capita is still above that of the UK ever since the Brexit vote. That is besides Germany being much more connect with Russia in terms of trade, which was undoubtly a massive misstake and caused a massive energy crisis hurting Covid recovery.
Hard to say who is in a worse position, if that happens. For Germany it would be less exports to China and problems for the German car makers, which might cause problems.
For the UK it would be the close financial ties and all the money China has invested into the UK. That has been twice as much as for Germany and via Hong Kong the ties are much closer in that sector. The ties are insanly close, to the point that China owns part of the new Hinkley point nuclear plant and the electricity grid of London is owned by a Hong Kong based companies for example. Anyway we clearly do not know, if this is really a problem or just a smart way of taking some money from the Chinese.
Basicly it boils down to how and what happens in and with China. In case of an invasion of Taiwan everybody is going to suffer, thats for sure. If it is just a financial crisis, it is hard to say who ends up with the bad deals. Last time we saw some intressting stuff for sure.
Yes, and the UK is awash with Russian money as well. An awful lot of both Chinese and Russian is in property.
Europe narrowly avoided a terrible media deal that the commission tried to push through, it would have meant allowing Chinese ownership of EU media companies
Cool, didn’t realise it was real gdp. That’s better than expected then. However, pretty petty thing to spout out when celebrating another country. Little Britain indeed.
Just my opinion, but countries are just concepts. Dangerous ones.
Right, so why are you here desparately trying to prove that our country is doing so much worse than yours? On a post where that’s not even a relevant discussion no less?
The post had numbers about Germany in the image. I just added some more.
It’s not my fault if you get butt hurt because I don’t think celebrating the unity is a good idea.
Same as older Western Germans didn’t want to discuss Nazis in positions of power during the sixties, including the chancellor, because the economy was doing so well. Thankfully young German students revolted and demanded their removal. Only when it got into the media was action taken. Truth is truth.
Another good one is “Minderwertigkeitskomplex”, a deep-seated feeling of inferiority that leads to desperate attempts to compensate by belittling others.
Makes you lot laughing at brexit for 7 years quite ironic.
It’s quite telling that Brits constantly bring this up because it’s just not well substantiated. The UK isn’t that present in German media when you compare it to countries like France, USA, China or even Poland. You guys seem to think a lot more about us than we do about you.
German numbers sad :(
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Just numbers mate, what does that make you then?
Maybe we should have stuck with this version
Because now we’ve got this one, and we really don’t need a full rerun of the 20th century, we’ve already had the 100 year pandemic and the right is on the rise again across Europe
https://www.theguardian.com/world/2023/jun/30/far-right-on-the-march-europe-growing-taste-for-control-and-order
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Bigger country has bigger numbers, bravo
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01000110 01110101 01100011 01101011 00100000 01101111 01100110 01100110 00100000 01110111 01100001 01101110 01101011 01100101 01110010
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At least someone would pay to fuck mine
Now do the whole thing since Brexit. It’s easy to grow when you reduce yourself to a developing country beforehand.
Did you know that Slovenia has a higher life expectancy than the UK?.
Reality disagrees with you
GDP per capita…
Slovenia has a population of one of the UK’s smaller cities, not really a great comparison
Plenty of areas with a higher life expectancy
https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/healthandlifeexpectancies/bulletins/lifeexpectancyforlocalareasoftheuk/between2001to2003and2018to2020
GDP is generally a bad measure for a healthy and happy population. Just look at the US - they have a way higher GDP per capita on average. That doesn’t mean that the majority of the US is happy and/or healthy.
It’s the measure that everyone said brexit would affect though…productivity, specifically GDP per capita hit due to loss of comparative advantage…
Covid supply chain disruption made that irrelevant is my guess
Why are you bringing this wildly off topic stuff even up? Be bitter somewhere else.
Username checks out 😀
That’s not what I asked for but ok bud.
This is what you’re looking for: The Pandemic hit you way harder than it should have because it was a double whammy, now you’re rebounding faster that’s not surprising but you’re still quite a bit behind to where you should be.
Lol, that model is bullshit
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
It certainly cannot be said to be factual. It’s a synthetic counter factual, otherwise known as bullshit.
No. That’s how the method works: You create a country that’s actually comparable. If a country changes, it may cease to be comparable.
What’s your method, though? Comparing the UK to the rest of the EU? Our economic structure doesn’t even begin to be comparable! Same goes for comparisons against “near peers” countries being similarly wealthy doesn’t mean that they’re structured equivalently.
That’s not what that model does. It picks pieces of different economies and puts them together like Frankenstein’s monster and then they chop a leg off because it no longer fits the narrative.
Are you really saying comparing the 6 biggest economies in Europe is wrong? Lol
It’s absurd to take that as proof of anything versus comparison with similar local economies 👇
And the German GDP per capita is still above that of the UK ever since the Brexit vote. That is besides Germany being much more connect with Russia in terms of trade, which was undoubtly a massive misstake and caused a massive energy crisis hurting Covid recovery.
So far… the China fallout hasn’t even started yet
Hard to say who is in a worse position, if that happens. For Germany it would be less exports to China and problems for the German car makers, which might cause problems.
For the UK it would be the close financial ties and all the money China has invested into the UK. That has been twice as much as for Germany and via Hong Kong the ties are much closer in that sector. The ties are insanly close, to the point that China owns part of the new Hinkley point nuclear plant and the electricity grid of London is owned by a Hong Kong based companies for example. Anyway we clearly do not know, if this is really a problem or just a smart way of taking some money from the Chinese.
Basicly it boils down to how and what happens in and with China. In case of an invasion of Taiwan everybody is going to suffer, thats for sure. If it is just a financial crisis, it is hard to say who ends up with the bad deals. Last time we saw some intressting stuff for sure.
Misery loves company! 😃
Yes, and the UK is awash with Russian money as well. An awful lot of both Chinese and Russian is in property.
Europe narrowly avoided a terrible media deal that the commission tried to push through, it would have meant allowing Chinese ownership of EU media companies
https://www.politico.eu/article/eu-trade-deal-china-media-war-industry-soft-power/
It’s a tricky balance to be engaged with an adversary.
Nobody asked
And yet here you are
How is „economy“ measured here? Because this is not simply the relative GDP change as one might expect.
GDP Q4 2019 to Q2 2023
https://archive.ph/8Ii7d
Found it out myself. Your values are the ones adjusted for inflation. Weirdly, this is not mentioned in the article you linked.
Yeah, no one uses nominal GDP unless it’s comparing something else affected by inflation like debt
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Inflation adjusted, what’s it look like?
Real GDP is already inflation adjusted
Cool, didn’t realise it was real gdp. That’s better than expected then. However, pretty petty thing to spout out when celebrating another country. Little Britain indeed.
No, Germany is too big, and has an outsized influence in Europe.
I’m anti federalist, Germany is a federation, I have nothing against the people.
Just my opinion, but countries are just concepts. Dangerous ones, as proven in history and today
Right, so why are you here desparately trying to prove that our country is doing so much worse than yours? On a post where that’s not even a relevant discussion no less?
Not desperate to prove anything, facts are facts.
The post had numbers about Germany in the image. I just added some more.
It’s not my fault if you get butt hurt because I don’t think celebrating the unity is a good idea.
Same as older Western Germans didn’t want to discuss Nazis in positions of power during the sixties, including the chancellor, because the economy was doing so well. Thankfully young German students revolted and demanded their removal. Only when it got into the media was action taken. Truth is truth.
https://www.spiegel.de/international/germany/from-dictatorship-to-democracy-the-role-ex-nazis-played-in-early-west-germany-a-810207.html
And the numbers are so bad now because you hitched your economy to cheap Russian energy and Chinese exports.
Makes you lot laughing at brexit for 7 years quite ironic. I think there’s a word for it, schadenfreude?
Another good one is “Minderwertigkeitskomplex”, a deep-seated feeling of inferiority that leads to desperate attempts to compensate by belittling others.
Is there one for being thin skinned about reality?
It’s quite telling that Brits constantly bring this up because it’s just not well substantiated. The UK isn’t that present in German media when you compare it to countries like France, USA, China or even Poland. You guys seem to think a lot more about us than we do about you.
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