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External debt by country https://en.m.wikipedia.org/wiki/List_of_countries_by_external_debt https://en.m.wikipedia.org/wiki/List_of_countries_by_externa... Bla

by v5v3 1y ago

External debt by country https://en.m.wikipedia.org/wiki/List_of_countries_by_external_debt https://en.m.wikipedia.org/wiki/List_of_countries_by_externa... BlackRock as one example https://www.nasdaq.com/articles/blackrock-urges-uks-starmer-make-global-competition-easier-ft-says https://www.nasdaq.com/articles/blackrock-urges-uks-starmer-... UK stock market has failed https://www.fxstreet.com/analysis/are-uk-stock-markets-facing-an-existential-crisis-202506121908 https://www.fxstreet.com/analysis/are-uk-stock-markets-facin... Now 10th in world for gdp https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(PP... Prisons declared full, shoplifting pseudo-legalised. I could go on and on. 40% of the worlds dirty money goes through UK. It's USP is now mainly money laundering https://www.standard.co.uk/news/world/dirty-money-laundering-london-uk-overseas-territories-b1158052.html https://www.standard.co.uk/news/world/dirty-money-laundering...

neepi 1y ago
As someone who works on money in the UK this is why I work on money in the UK.
- v5v3 1y ago
  A well known 'brain drain' occurs in London, where instead of doing other things like homegrown Startups, the finest minds are instead lured into banking. You could have created a unicorn company by now my friend, but instead you are writing python code in excel, or automating regulatory submissions and investor communications or something else similar.
  - neepi 1y ago
    I consider my job to be a form of moral good: using up their budget so they don’t spend it on something nefarious. I don’t think they even know what I do.
  - PaulHoule 1y ago
    Alternately London draws in people who know about bond trading and such from all over the world. It's the only financial center that holds a candle to NY and the great thing is that the time zones are just close enough it's reasonable to live in one city and work the financial markets in the other city.
    - gsf_emergency_2 1y ago
      Let's see if Ilan, being thoroughly Berkeley-bred, will be able to fight the 2 predominant forms of (emergent, not emerging) akrasia in the UK: The (Edwardian) liberal, who tolerates The Grauniad, & the (neo/classical) liberal, who tolerates the FT
deleted 1y ago
[deleted]
foldr 1y ago
If you look at the debt as a percentage of GDP or percentage of total wealth (both columns in the table, but not the default sort order) then the UK isn’t an outlier. Singapore has more external debt, for example.

by v5v3 1y ago

neepi 1y ago

As someone who works on money in the UK this is why I work on money in the UK.

v5v3 1y ago
A well known 'brain drain' occurs in London, where instead of doing other things like homegrown Startups, the finest minds are instead lured into banking. You could have created a unicorn company by now my friend, but instead you are writing python code in excel, or automating regulatory submissions and investor communications or something else similar.
- neepi 1y ago
  I consider my job to be a form of moral good: using up their budget so they don’t spend it on something nefarious. I don’t think they even know what I do.
- PaulHoule 1y ago
  Alternately London draws in people who know about bond trading and such from all over the world. It's the only financial center that holds a candle to NY and the great thing is that the time zones are just close enough it's reasonable to live in one city and work the financial markets in the other city.
  - gsf_emergency_2 1y ago
    Let's see if Ilan, being thoroughly Berkeley-bred, will be able to fight the 2 predominant forms of (emergent, not emerging) akrasia in the UK: The (Edwardian) liberal, who tolerates The Grauniad, & the (neo/classical) liberal, who tolerates the FT

deleted 1y ago

[deleted]

foldr 1y ago

If you look at the debt as a percentage of GDP or percentage of total wealth (both columns in the table, but not the default sort order) then the UK isn’t an outlier. Singapore has more external debt, for example.