[OC] History of how the U.S. economy outstripped the U.K. economy and how Brexit deepened the gapdebunk_this_12 t1_j8lcy2s wrote
Too early to tell the effect of brexit. And decoupling brexit from covid and russia Ukraine is nearly impossible.
Plastic-Guarantee-88 t1_j8naer6 wrote
Yep.
And Russia/Ukraine hurt the UK more than the US, since the US is more energy independent. The UK has less nuclear power than the US or continental Europe, and less domestic energy than the US.
So even though it doesn't import a ton of gas from Russia, it was still hit badly by the worldwide rise in prices. In the US, the effect was more mixed since the US exports a lot of natural gas.
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