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Okay, sure – if you rank by per-capita PPP then the UK slides down the chart further than you might expect. That doesn't in any way make it a poor country or ch
by matthewmacleod 8y ago
Okay, sure – if you rank by per-capita PPP then the UK slides down the chart further than you might expect. That doesn't in any way make it a poor country or change the point at all.
- gaius 8y agoWell, it sort of does: any services the government delivers will be delivered by people being paid UK wages using goods and services paid for at UK prices. We look rich from the outside because we (still) have a strong currency but from the inside the UK is not especially wealthy because you don’t get much for your money here.