Good luck with that: https://www.spiegel.de/international/europe/britain-in-crisi...
in reality UK GDP is about 6% higher than in Q2 16.
i don’t know why they do this kind of sloppy reporting, but they do have form. another priceless article about Germany itself: https://www.spiegel.de/international/germany/inflation-bankr...
this is your issue right here. it doesn't work that way.
which economy are you referring to? as not even singapore imports everything.
if we use USD then most of western europe is either below 2007 (france, spain, italy) or a tiny bit above 2007 (netherlands, belgium). same thing further afield, canada, australia etc. pretty incredible right?
if we use USD then most of the western world has not come back from the GFC.
France GDP in USD 2007 - 2,660bn ... 2023 - 2,957bn
< same thing further afield, canada, australia etc. pretty incredible right?
Australia GDP in USD 2007 - 854bn ... 2023 - 1,552bn
Pretty incredible?
use the last numbers available on the world bank site, which are from 2021. and then you'll notice something incredible.
here's a helpful link:
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
i'm bowing out now, cause it seems this thread leads nowhere. good luck in your future comments!
All that says is the UK is less prone to such events - extrapolating from that you will be safer, and “better off financially” in the UK, according to your own metrics