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UK relative decline is much steeper than the US! US still genuinely at the frontier for large advanced economies. Productivity growth best of the G7 across all those horizons.
We have a few giant software companies powering our growth (Facebook, apple, Amazon, google) without them, we are more or less in the same spot. This is what I’m arguing is similar in the us, not the gdp number. https://twitter.com/danwwang/status/1212373124110602243?s=21 …https://twitter.com/danwwang/status/1212373124110602243 …
There’s also chips and a few other types of industrial technologies that are the best in the world. US has good growth prospects, favorable demographics, and is still where the smartest people can best leverage their abilities.
Not to the same extent but the UK also, as a fairly large and somewhat pro-immigration country, has the same advantages.
I don't think that's true for most of these. But even if it were, it's a bit "if my auntie had wheels she'd be a bus."
Fair. Can we say I’m directionally correct?
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