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Noah Smith: U.K. stagnation linked to 2008 crisis and Brexit

Noah Smith: U.K. stagnation linked to 2008 crisis and Brexit
U.K. faces stagnation from crisis and Brexit

Noah Smith, columnist / economist at Bloomberg Opinion, highlights concerns about the U.K.'s economic stagnation. Smith identifies the 2008 financial crisis and Brexit in 2016 as key turning points, but argues that deeper issues like a degrowth mindset and political dysfunction also play significant roles.

The tweet reflects ongoing debates about the causes behind the U.K.'s slow economic growth.

Smith previously challenged claims about economic stability in Asia, highlighting rising unemployment and a sharper slowdown in China. He has also compared U.S. and Anglosphere per capita GDP since 2008, noting that the gap widened from $10,000 to $20,000. These comparisons provide context to his concerns about stagnation in the U.K.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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