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by lr1970 1521 days ago
> Brexit (loss of an economy 4x larger than Russia's) is not having a terrible effect on the EU.

By Purchasing Power Parity (PPP) the GDP of Russia (4,365,443 $MM) is larger than the GDP of UK (3,751,845 $MM) [1]. Stating that UK economy is 4x of Russia's does not seem to have a basic in reality.

[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

1 comments

Why would you use PPP in this case? PPP makes sense only for individuals spending their money.