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Economist Notes UK's Economy was Maimed 15 Years Ago [Eurodollar University, Ep. 260]

Eurodollar University

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The Difference in Compounding Is Not Necessary

In the decade to 20 19, growth and output per hour work stalled to just zero point seven % a year. Had briton's productivity growth rate not fallen after the financial crisis, g d p per person in 20 19 would have in six thousand 700 pounds. Andin this section, ladies in germany, you'll learn what that difference in compounding is on a pur person basis. By 20 21, the peep each person in britain is short 12 thousand dollars, 400, forty five dollars. It just doesn't compute in our human brains, our lizard bran. So what we feel is we feel that something's wrong, but we have no idea what

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