Wellytrack
Member
Gdp is a snowball you dont need to loose 50% of gdp to reconcile at 50%.
You take 13%, id say at present with tge state of the uk, that puts you in a deep hole.
Any western countru relies on foreign investment, uk and oz are by np means unique.
Due to london, your gdp per capita i would suggest is skewered. For the amount of money it turns over in financial circles its not that labour intensive.
The usa has its woes, but due to brexit being mishandled the uk is vunreable at the moment.
A very old govt system thats turning out to be a wrecking ball, hence the end of the empire...how is this going to get better?
Ant...
Empire is long gone. America has been an imperialist nation as rich as Britain was in her peak for maybe up to 80 years.
She (America) won’t have it all her own way over the next 80.