> How does Australia function? By mining huge amounts of raw resources and selling to their near by neighbours as well as the rest of the world. The U.K. does

> How does Australia function? By mining huge amounts of raw resources and selling to their near by neighbours as well as the rest of the world. The U.K. doesn’t have access to any useful raw materials apart from perhaps coal. > How does Japan function? Through massive government borrowing. Their debt is 223% of GDP. Now it hasn’t really bitten them yet, but it’s increasingly looking like it’s gonna be a serious problem for them. I’m not either of those options is something I would pick for the U.K.