Geopolitics
UK would be 51st poorest US state by GDP per capita despite higher taxes
Modern Wisdom
Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer
What was said
"There was a part where I was like, this would be the best place to go live in because you get the cool walkability of Europe and like the nice winters and nice summers. And it's your language. It's gone. I don't. If the UK comes back, it'll be the biggest comeback story in the history of civilization. But yeah, we're like 9-0 down at the moment."
Hammer and Chris Williamson discuss how the UK would rank as the 51st state by GDP per capita if it joined the United States, making it poorer than all existing states. Despite higher taxes and extensive social programs, British citizens have less disposable income than Americans even after accounting for healthcare and education costs. The brain drain and exodus of wealthy residents continues accelerating the decline.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Modern Wisdom
- Episode
- Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer
- Clip time
- 56:18
- Original source
- Watch the source segment →
From this episode
Modern Wisdom