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21 sats \ 0 replies \ @Undisciplined 15h \ on: The UK Was Richer than the US on a Per Capita Basis as Recently as 2007 econ
I'd be curious about how they did the comparison. The UK is much more expensive than the US, so if they didn't do a purchasing power parity adjustment the result might be misleading.
Still, yes, the rapid descent of Europe in general and the UK in particular is astonishing.