In response to the following BBC article, quote:

UK expected to be only major economy to shrink in 2023 - The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said.

https://web.archive.org/web/20230131123012/https://www.bbc.com/news/business-64452995

Source of the take: https://knockout.chat/thread/45630/1#post-1657405

    • usernamesaredifficul [he/him]
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      edit-2
      2 years ago

      to understand English history one must first understand that things only ever get worse. What also tend to happen is two groups of bastards will fight and the worst lot will win and then as a compromise absorb all the bad traits of their fallen compettition

      also what they should do to fix it is simple. Have London become a separate country and have the rest of Britain be run as an industrial economy. Like what Malaysia did with Singapore

      This of course will not happen as the English only exist upon this earth to suffer and cause the suffering of others

    • TreadOnMe [none/use name]
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      edit-2
      2 years ago

      It's the exact same thing in the states, though not as bad because we still have alot of land that can possibly be developed. That's the thing the Britan doesn't have. An American style economy without American access to natural resources.

    • git [he/him, comrade/them]
      ·
      2 years ago

      Here’s the full thing if people are interested: https://michael-hudson.com/2022/12/china-the-change-agent-patreon-qa-3/

    • AHopeOnceMore [he/him]B
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      2 years ago

      The long explanation is great but, "because they're English" is a top tier line.