Splice and compare to tell the story you want to tell. Relentless decline? Bullshit.
This chart shows the EUs share of global GDP, and it’s expected that this is declining. I See it as a positive, that GDP is less concentrated in the west. This is a logical consequence if we want to raise the floor on wealth globally. Developing countries grow rapidly, India at a rate of 6-8%, China 4-5%.
GDP In the EU continues to increase just about 1% annually, same in the UK.
Looking at the UKs share of global GDP we see a nearly identical trend.
4% in 1980
2,3% in 2020
2.28% in 2022
2.13% predicted for 2025
2% predicted for 2030
So how about the relentless decline of the UK, even though they can now regulate without the EU. Or the relentless decline of the US, where there is next to no regulation.
The story FT is spinning here is ANTI-EU, and we all know who is so eager to break up that ubion…
Edit: Previously assumed incorrectly that the FT was a US based magazine.
Thanks for your intelligent contribution. I was mistakenly under the impression FT was US based.
The data for the UK is the same as for the EU and the US. 4% share of global GDP in 1980, 2.4% in 2020 and after Brexit, and their freedom to regulate themselves, the decline continues.
The headline suggests that EU regulations are to blame for their numbers, which makes no sense and has a clear ambition.
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
What could it possibly matter where FT is based if they’re publishing an article about a specific trend in a specific region?
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
You can thank China for the global reduction in poverty, without China poverty would be increasing globally.
How could you possibly take three comparable regions with similar trends in data and then claim the actions of only one are to blame. Pick and choose, it’s lazy and poor data analysis.
China is applying the same playbook as the western colonizers did over the past hundreds of years. It will end just the same. Lucky for you, you seem to benefit from it right now, your future generations will pay the price.
You can also thank the many ethnic minorities China is exploiting to broaden their influence. Totally different
China is applying the same playbook as the western colonizers did over the past hundreds of years.
If the same playbook from the century of humiliation was being used the PLN would be bombarding Dutch coastal cities when the Netherlands attempted to steal Chinese property.
Honestly that sounds more like an American thing to do
Splice and compare to tell the story you want to tell. Relentless decline? Bullshit.
This chart shows the EUs share of global GDP, and it’s expected that this is declining. I See it as a positive, that GDP is less concentrated in the west. This is a logical consequence if we want to raise the floor on wealth globally. Developing countries grow rapidly, India at a rate of 6-8%, China 4-5%.
GDP In the EU continues to increase just about 1% annually, same in the UK.
Looking at the UKs share of global GDP we see a nearly identical trend.
4% in 1980
2,3% in 2020
2.28% in 2022
2.13% predicted for 2025
2% predicted for 2030
So how about the relentless decline of the UK, even though they can now regulate without the EU. Or the relentless decline of the US, where there is next to no regulation. The story FT is spinning here is ANTI-EU, and we all know who is so eager to break up that ubion…
Edit: Previously assumed incorrectly that the FT was a US based magazine.
🤣
This graph isn’t about the US, which is why the post isn’t about the US. Don’t worry, little Western brain, we also think the US is in decline.
Thanks for your intelligent contribution. I was mistakenly under the impression FT was US based.
The data for the UK is the same as for the EU and the US. 4% share of global GDP in 1980, 2.4% in 2020 and after Brexit, and their freedom to regulate themselves, the decline continues.
The headline suggests that EU regulations are to blame for their numbers, which makes no sense and has a clear ambition.
The point is, if we want to continue to raise the floor on poverty and wealth in the world, this trend must continue because GDP is still too concentrated in the west.
What could it possibly matter where FT is based if they’re publishing an article about a specific trend in a specific region?
You can thank China for the global reduction in poverty, without China poverty would be increasing globally.
How could you possibly take three comparable regions with similar trends in data and then claim the actions of only one are to blame. Pick and choose, it’s lazy and poor data analysis.
China is applying the same playbook as the western colonizers did over the past hundreds of years. It will end just the same. Lucky for you, you seem to benefit from it right now, your future generations will pay the price. You can also thank the many ethnic minorities China is exploiting to broaden their influence. Totally different
If the same playbook from the century of humiliation was being used the PLN would be bombarding Dutch coastal cities when the Netherlands attempted to steal Chinese property.
Honestly that sounds more like an American thing to do
The US does have that law regarding the Hague right? so there is such a future…
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The only response this merits is “lmao”
I live in the west, Sherlock Holmes
Again, with contempt, “lmao”